A post circulating online shows a listing on the dark web selling GCash user information.
The National Privacy Commission then posted a press statement stating that it immediately launched an investigation and issued a Notice to Explain to G-Xchange, Inc., GCash’s parent company.
You can read NPC’s full statement below:

But just after an hour after NPC’s press release, GCash has released their statement on social media and within the GCash app advising its users that there is “no evidence of data breach.”
“Upon swift investigation of our cybersecurity experts, the alleged dataset does not match data from GCash systems,” they explained.
GCash said that they continue to work with concerned agencies, including the NPC and the central bank, to “monitor and validate information from all possible sources
and ensure that our systems remain protected.”
Here’s GCash’s full statement:
