Participants of the CALABARZON Economic and Financial Literacy Forum on November 27, 2020 via teleconference with NEDA CALABARZON Regional Director Luis G. Banua (4th top row) and Assistant Regional Director Gina T. Gacusan (2nd top row).

“Good cyber hygiene practiced by both financial institutions and users is key to fight on-line fraud” according to Ms. Marie Kristine Pajarillo of BSP-Lucena branch during her presentation in the CALABARZON Economic and Financial Literacy Forum on November 27, 2020.  

Cyber hygiene refers to practices and steps that users of computers and other devices take to maintain system health and improve online security. As online transactions have increased due to the pandemic, so have online scams, such as donations scams, money mule scams, and impostor scams likewise increased. To protect yourself from scams, BSP urges people to be vigilant in responding to messages sent through text and email.  Check the origin of these messages before responding to them to protect yourself. According to NEDA IV-A Assistant Regional Director Gina T. Gacusan, “Keeping your money safe is one important aspect in financial literacy”. She added that financial literacy is an integral part for households to overcome poverty and achieve financial security towards the attainment of a Matatag, Maginhawa at Panatag na Buhay.  

According to NEDA IV-A Regional Director Luis G. Banua, “this year’s theme E-konomiya: Maingat na Pag-angat, Digital Economy for Safer and Faster Recovery reflects the government’s commitment to laying the foundation for a healthy, safe and resilient Philippines in the midst of the pandemic that will equip people to make sound financial decisions and enable them to contribute in improving economic and fiscal policies and programs of the country.”  

The Forum was attended by students from state universities and colleges, regional line agencies, private sector representatives, and local government unit representatives. Other presentations were: “Recharge PH” by NEDA Governance Staff Director Thelma Manuel and “Accelerating Philippine Digital Transformation” by Mr. Edriel Miranda of DICT FOO-Luzon Cluster 2.

Michael R. Lavadia, NEDA Region IV-A | November 27, 2020