24 April 2012

PH-China hacker wars may affect banks, telcos

MANILA, Philippines (UPDATE 1) – An IT expert on Monday said critical services relying on the Internet may suffer from the escalating tension between alleged computer hackers from China and the Philippines.
Ivan John Uy, former chairman of the defunct Commission on Information and Communication Technology (CICT), said critical services like banking and telecommunications may suffer in case the cyber war between alleged hackers from China and the Philippines continues.
“They (alleged Chinese hackers) can retaliate, and they can attack critical infrastructures, such as those of financial institutions, telecommunications facilities, ATM network,” Uy said.


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