Security Bank
Security Bank . 958,632 likes · 13,590 talking about this · 35,221 were here. SBC is one of the Philippines' leading banks serving retail, commercial, and corporate clients.
The Fraud Intelligence Reciprocal Exchange (FIRE) is a threat intelligence sharing programme for financial institutions, allowing banks to share intelligence with us directly so we can use it to stop scammers and protect users. NatWest and Metro Bank are the first banks in the UK to participate in this pilot, with more scheduled to join.
Facebook parent company Meta on Wednesday said that it's working with two leading banks in the U.K. on an information-sharing arrangement to help protect consumers from fraud.
A security breach, whether from unauthorized social media activity or cyber attacks, can result in major financial and reputational damage. For example, financial technology service provider SIX (operating in Switzerland) manages services for 130 banks .
Meta is enhancing its Fraud Intelligence Reciprocal Exchange (FIRE) to directly share data with two UK banks in an effort to prevent scams originating from Facebook , Instagram, and WhatsApp. NatWest and Metro Bank are the initial financial institutions on FIRE, but a statement from Meta noted that more banks are expected to join soon.
