MAKATI CITY, 18 May 2022 – The Credit Information Corporation (CIC), the nation’s sole public credit score registry and repository of credit score data, in partnership with the National Privacy Commission (NPC), will host a webinar sequence entitled, “#UsapangPrivaDo: Credit registry and your data privacy,” on 20 May and three June 2022.
In celebration of the upcoming Privacy Awareness Week, the periods will talk about the rights of Filipino debtors in addition to how they’ll shield their private data on-line pursuant to Republic Act No. 9510 often known as the Credit Information System Act and Republic Act No. 10173 or the Data Privacy Act of 2012.
“Through these periods, we look ahead to sharing with Filipino debtors that entry to their CIC Credit Reports may also help them keep knowledgeable of their credit score standing and information them in the direction of making sound credit score choices,“ CIC President and CEO Ben Joshua A. Baltazar expressed.
Know your rights as debtors and how one can shield your data on-line
The webinar will characteristic useful resource audio system from CIC, Mr. Hans Lazaro, Paralegal, and NPC, Mr. Cleo R. Martinez, Information Technology Officer II.
“The CIC is one with NPC in its campaign to further strengthen the data privacy awareness and knowledge among the general public. This is in line with our efforts to also combat predatory lending from illegal online lending platforms (OLPs). The CIC continues to receive numerous complaints and concerns regarding violations of data privacy. Unfortunately, these were facilitated by apps employing surreptitious means of securing borrowers’ permission without their full consent,” PCEO Baltazar stated.
In a current survey commissioned by the NPC, whereas Filipinos with web entry have elevated consciousness and information on web safety, most nonetheless lack sufficient knowhow to guard themselves from cyber threats.
“The CIC hopes that through this webinar and future CIC Academy webinars, participants will be better informed and more vigilant in sharing their data and personal information online,” PCEO Baltazar ended.
The CIC Academy is the tutorial flagship program of the CIC, which goals to lift consciousness on the rights of the Filipino debtors and to advertise the advantages of the credit score data system to the Philippine financial system.
Everyone is invited to register for free at bit.ly/CICAcademy2022May20 and be a part of the webinar by way of Zoom to obtain a certificates of participation.
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The Credit Information Corporation (CIC), a government-owned and managed company, was created by Republic Act No. 9510, in any other case often called the Credit Information System Act (CISA). The main mandate of CIC is to determine a complete and centralized credit score data system for the gathering and dissemination of honest and correct data related to, or arising from, credit score and credit-related actions of all entities collaborating within the ecosystem.