PH banks urged to toughen cybersecurity as hackers target financial sector

Philippine banks have been advised to toughen cybersecurity measures as hackers continue to target the country’s banking, financial services and insurance (BFSIs) sectors.

Angel Redoble, ePLDT Group’s chief information security officer, underscored this point, citing the need of the sector to become “proactive in anything that involves high stakes security.”

ePLDT recently introduced a more expansive portfolio specifically built to address risks and issues in banking security. “As business leaders, preparedness means being ready before, during, and after an attack,” said Nerisse Ramos, ePLDT Group’s SVP and chief operating officer.

“ePLDT’s business framework is built from a truly holistic and secure ecosystem. We cover all grounds from cyber security consultation to incident response. Our business framework addresses the most fundamental and critical need of ensuring protection from attacks online — education and empowerment of a technologically competent workforce,” added Ramos.

 

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