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Insurance cluster seeks stronger cybersecurity

Business Mirror

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March 19, 2026

GOVERNMENT financial institutions are set to adopt advanced threat monitoring and security analytics under a newly signed shared cyber defense agreement.

-  Reine Juvierre S. Alberto

A statement issued by the Insurance Commission (IC) last Wednesday read that the regulator entered into a memorandum of agreement (MOA) on the shared cyber defense solution for the insurance cluster.

The deal involves the Bureau of the Treasury, Government Service Insurance System, Social Security System, Philippine Deposit Insurance Corp. and Land Bank of the Philippines (Landbank).

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