Money

BSP looks into Cebuana Lhuillier data breach

This pawnshop won’t have it easy.

This pawnshop won’t have it easy.

The Bangko Sentral ng Pilipinas (BSP) announced that they too are taking a closer look into the recent data leak that hit Cebuana Lhuillier.

The pawnshop is a supervised company of the central bank.

The BSP said Cebuana Lhuillier officials got in touch with them to formally inform them about the data breach which supposedly affected the personal data of 900,000 clients.

The pawnshop under the PJ Lhuillier Group, however, said the breach only affected their marketing data and not the main server hosting the more crucial financial transactions.

Still, the central bank said they will be keeping a watchful eye.

“The BSP is closely monitoring the situation and coordinating with the concerned officers of CL to ensure timely remediation and that such exposed information will not be used for fraudulent transactions,” the central bank said in a statement on Monday, Jan. 21.

See related story: Privacy body to look into Cebuan Lhuillier data hacking

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