HOW TO BE RISK-FREE IN DOING ONLINE TRANSACTIONS

This paper discussed the in deeper manner the Data Privacy Act 2012. The following sections of the Act have been cited in the paper: its scope, the roles of National Privacy Commission, processing of personal information, implementing guidelines for processing personal information, the penalties and the extent of liability. This also discussed what risk of fraud is when transacting online and the different types of fraud one might possibly experience. Further, some financial institutions and e-wallet in the Philippines who have been practicing Data Privacy have been cited.