TradeNet beefed up with cybersecurity features

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TradeNet, the government’s digital trading platform that aims to reduce the processing time and number of transactions for import and export clearances, will be reinforced with cybersecurity features to thwart unauthorized access and other forms of cyberattacks, according to the Department of Finance.

Undersecretary Gil Beltran said the online platform (TradeNet.gov.ph) will undergo periodic vulnerability reviews to test its integrity.

“Our cybersecurity system will be implemented to provide monitoring and continuous vigilance services for TradeNet,” he said in a report to Finance Secretary Carlos Dominguez III during a recent DOF executive committee meeting.

Launched last December, TradeNet will also serve as the Philippines’ link to the Association of Southeast Asian Nations (ASEAN) Single Window (ASW) gateway and is expected to minimize the cost of doing business and cut the processing time for the issuance of import and export permits.

READ: TradeNet is online platform for PH National Single Window

The ASW is a regional initiative that aims to speed up cargo clearance and promote economic integration by enabling the electronic exchange of border documents among the organization’s 10 member states. Indonesia, Malaysia, Singapore, and Thailand are already using the ASW to exchange information on customs clearances.

Beltran said TradeNet will allow traders to initially use the system to apply for import and export permits for rice, sugar, used motor vehicles, chemicals (toluene), frozen meat, medicines (for humans, animals, or fish) and cured tobacco.

The TradeNet platform will eventually link 66 government agencies through a common database.

Besides TradeNet, the government has also launched three parallel initiatives that form part of its “comprehensive deployment of information and communications technology to enhance governance efficiency,” Dominguez earlier said.

These are the Government Cloud Service (GovCloud), launched recently by the Department of Information and Communications Technology to serve as the national government portal for all government information, transactions, and services; PHPAY platform, initiated by the Bangko Sentral ng Pilipinas to function as a centralized online payment portal, transactions ledger, and reconciliation system; and Philippine Business Data Bank (PBDB), a search engine for all registered businesses in the country that will be available online for government agencies to verify records for business registration and permits.

GovCloud will help to significantly reduce red tape and corruption as well as facilitate application for permits, clearances, and other similar documents, while PHPAY will provide government agencies “a way to interface their service websites to payment facilitators, banks or credit card gateways, making it easier for private users to pay for permits or applications.’’

PBDB, meanwhile, will bring together for easier reference the available information from the Department of Trade and Industry, Securities and Exchange Commission, Cooperative Development Authority, and local government units.

The PBDB is to be used by TradeNet to verify business information.