Recognizing the continuous need to safeguard Filipinos from rising online fraud and scams, the Cybercrime Investigation and Coordinating Center (CICC), the lead agency under the Department of Information and Communications Technology (DICT) tasked with combating cybercrime, has forged a stronger alliance with leading finance app GCash to boost cyber protection for digital financial services.
(L-R) Cybercrime Investigation and Coordinating Center (CICC) director IV Alvin Navarro and undersecretary Renato “Aboy” Paraiso inks Memorandum of Agreement with Mynt, parent company of GCash represented by group head for new businesses Winsley Bangit, chief legal officer Atty. Maricor Alvarez-Adriano, and G-Xchange Inc., head of legal Atty. Gilbert Escoto
Through a Memorandum of Agreement (MOA), this partnership strengthens incident response and information sharing. It also supports the government’s capacity-building programs to further enhance cyber resilience.
The agreement was signed by CICC Usec. Renato “Aboy” A. Paraiso, who was joined by Dir. Alvin M. Navarro and Dir. Rojun V. Hosillos, together with other CICC officials. Representing GCash were Mynt’s (parent company of GCash) group head for new businesses, Winsley Royce Bangit, chief legal and compliance officer, Atty. Maricor Alvarez-Adriano, G-Xchange Inc., head of legal, Atty. Gilbert Escoto, with the support of GCash head of advocacy, Atty. Mark Anthony Amurao, Mynt’s chief information and security officer, Miguel Geronilla, and vice president and head of corporate communications and public affairs, Gilda Maquilan.
Emphasizing the importance of public-private collaboration, Undersecretary Paraiso noted, “Cybersecurity is not the responsibility of the government alone—it requires strong collaboration with industry leaders like GCash. Through this partnership, we are sending a clear message to cybercriminals that we are united in protecting Filipinos and will relentlessly pursue those who seek to exploit our digital economy. Together, we are building a safer and more resilient cyberspace where trust and innovation can thrive.”
The collaboration comes at a time when digital platforms are increasingly targeted by fraudsters. With stronger cooperation between the government and the private sector, both CICC and GCash are committed to reinforcing user protection and building greater trust in the country’s digital ecosystem.
For its part, GCash has been taking proactive measures, successfully blocking over 4 million fraudulent accounts and taking down thousands of malicious posts. These efforts will be further strengthened and complemented by CICC’s expertise, enabling GCash to better protect users who rely on digital services for their everyday transactions.
The partnership represents a vital step in the ongoing efforts of GCash to achieve its vision of financial inclusion while securing its users. “This partnership with CICC also serves as a compelling reminder that we must continue improving and innovating to protect our customers from ever-present cyber threats and other types of scams,” Atty. Alvarez-Adriano said.
With its continued focus on safety and innovation, GCash, together with the government, affirms its role in enabling every Filipino to safely participate in the digital economy with confidence and peace of mind.
For more information, please visit www.gcash.com.
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