Pru Life UK partners with Bangko Sentral ng Pilipinas to drive online financial security

In part latest  instalment of PRUWise Webinars Experts Series, Pru Life UK partners with Bangko Sentral ng Pilipinas to educate its customers about online financial security

Leading life insurer Pru Life UK partnered with Bangko Sentral ng Pilipinas (BSP) for the latest instalment of its PRUWise Webinars Experts Series entitled Marked Safe: Protecting you and your money from online scams.

Held against the backdrop of a rise in the volume of online financial transactions brought about by limited mobility in the country during the COVID-19 pandemic, the two-hour-long webinar provided an insightful venue for its nearly 300 attendees to learn practical tips on online transactions and financial portfolio safety. 

Pru Life UK Vice President for Investments Marketing Mark Valino talked about the importance of not just growing but also protecting one’s hard earned savings.

 

“In line with our ‘We DO Wealth’ commitment, Pru Life UK’s initiative, which champions Filipinos’ financial education, fully embraces BSP’s advocacy of increased consumers’ awareness of financial safety in the digital space. Today’s webinar touched on online investment and banking security issues, and how best people can protect themselves and their hard-earned savings. Today, as we are still battling the outbreak of the COVID-19 pandemic while taking stock of the toll the crisis has taken on our finances, we want to remind our customers not only to take extra care of their health but also their wealth,” shared Pru Life UK Vice President for Investments Marketing Mark Valino.

The webinar featured BSP Director for Technology Risk and Innovation Supervision Department Melchor Plabasan, Deputy Director for Economic and Financial Learning Office - Strategic Communication and Advocacy Rochelle Tomas, along with Financial Journalist Salve Duplito, and covered online safety measures, incident reporting procedures, as well as best cyber hygiene practices that people can follow to ensure their financial transactions and investment portfolios are secure.

Bangko Sentral ng Pilipinas Director for Technology Risk and Innovation Supervision Department Melchor Plabasan (upper right), Deputy Director for Economic and Financial Learning Office - Strategic Communication and Advocacy Rochelle Tomas (upper left), along with Financial Journalist Salve Duplito (bottom) shared online financial safety measures.

Pru Life UK through its PRUWise Webinars Experts Series will continue to champion education in life insurance, investments, finance, and economics, as part of its “We DO Wealth” advocacy. 

It can't be denied that online scams are getting trickier and anyone can fall into it. Therefore we must be more vigilant and do our own diligence before we do any online activities and investments. 

If it's too good to be true, then better to stay away from it! What precautions to you personally take when transacting online?