The Bangko Sentral ng Pilipinas (BSP) has announced that it will expand its ASTERisC platform to include all banks and virtual asset service providers (VASPs) in the Philippines. Launched in January 2023, ASTERisC is a cloud-based system meant to improve cybersecurity by allowing real-time reporting, data analysis, and compliance checks. Starting in January 2025, all institutions will be required to use this platform to submit their cybersecurity reports. The BSP will provide support through account creation, training sessions, and user guides, with early access available for preparation. This expansion aims to strengthen cybersecurity practices across the financial sector.
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