STATE-OWNED Development Bank of the Philippines (DBP) signed a memorandum of agreement with the Cybercrime Investigation and Coordinating Center (CICC) to further strengthen the bank against potential cybersecurity threats and to boost its capacity to defend critical system infrastructure, a top official said.

DBP President and Chief Executive Officer Emmanuel Herbosa said CICC would be providing the necessary technical expertise and assistance to DBP in crafting the bank's cybersecurity plan and ensuring its alignment with the globally accepted standards and protocols of the National Cybersecurity Plan.