2017 Bank of the Philippine Islands systems glitch

On June 7, 2017, the Bank of the Philippine Islands (BPI) suspended its online transaction and automatic teller machine services amidst reports of money missing from its account holders. There was speculation that BPI was compromised by hackers but the bank claimed that the problem was caused by an internal data processing error. The scope of the issue was nationwide according to the bank and also said that only a small portion of its customers were affected and that most of them were in Metro Manila.

2017 Bank of the Philippine Islands systems glitch

On June 7, 2017, the Bank of the Philippine Islands (BPI) suspended its online transaction and automatic teller machine services amidst reports of money missing from its account holders. There was speculation that BPI was compromised by hackers but the bank claimed that the problem was caused by an internal data processing error. The scope of the issue was nationwide according to the bank and also said that only a small portion of its customers were affected and that most of them were in Metro Manila.