Fortinet

So-called “alert fatigue” or too many cybersecurity alerts is also a significant challenge, with more than 50% of surveyed enterprises facing an average of 221 incidents per day.

During a press briefing in the Philippines, Alan Reyes, country manager of Fortinet Philippines, shared insights, including a decline in ransomware detections in the country during the first half of 2023.

Fortinet, which commissioned the study, said this also indicates that companies posted significant improvements in handling security incidents.

The paradigm shift has transformed employees into “branch offices of one,” as they operate from their homes or alternative locations outside the traditional office setting, according to the study.

Homegrown tech company Radenta Technologies recently sponsored a workshop to highlight the synergy between Zimbra, an email and collaboration platform and productivity suite, and Fortinet, a provider of high-performance security network solutions.

Cybercriminals are now adopting APT-like tactics to develop and scale attacks at a much higher rate.

In a bid to further strengthen its position as a single-vendor Secure Access Service Edge (SASE) provider, Fortinet has committed to double its investments in data centers to ensure that the user experience of customers onboarded to its cloud-native platform ‘FortiSASE’ remains uncompromised.

There is already a general understanding on the need for cybersecurity across all industries, Fortinet regional business development manager C.P. Wong said in an exclusive interview with Newsbytes.PH at the CXO Innovation Summit hosted by VST ECS in Boracay island, Aklan.  

Across several industries, from manufacturing to retail and services, aggressive digital acceleration strategies have reinvented how enterprises create value for customers.  

As the digital landscape in the Philippines continues to evolve, a large chunk of enterprise attack incidents are still being proliferated through malicious links and attachments embedded in emails.