BPI boosts cybersecurity/IT budget 18 SHARES Share it! Cybersecurity falls under the “build the bank” because it is a fairly new segment. BPI is more aggressive on expanding its BPI Globe BanKo, the country’s first mobile-based savings bank with 100 branches opened every year to 400 by end 2019. In other countries, they’re actually reducing their branch network and that’s because they’ve gotten to a point where digital takes over. Cybersecurity-related issues are considered one of potential risks that are classified as systemic risks.

Source: Manila Bulletin December 02, 2018 13:52 UTC