U.S. Votes to Ban Chinese Phone Components
The U.S. Federal Communications Commission (FCC) has voted to bar sales of devices containing parts from Chinese firms like Huawei and ZTE, citing national security risks. The Commission’s decision closes a loophole that previously allowed devices with Chinese components to enter the U.S. market, signaling a deeper crackdown on Chinese technology. The Final Turn Out Against Chinese Components The […]
Accountability Shift: Banks Must Shoulder Online Fraud Costs
Did you know that Philippine banks are now legally required to reimburse victims of online account fraud? After years of consumers bearing the brunt of unauthorized transactions, the Bangko Sentral ng Pilipinas (BSP) has shifted accountability squarely onto financial institutions. With the expiration of the grace period for deploying mandated fraud management systems, banks must now shoulder the cost of security […]