Palo Alto Networks

Cybersecurity firm Palo Alto Networks held a media briefing on Wednesday, Sept. 20, to discuss its recently released 2023 State of Cybersecurity Asean Report, which showed that Philippine organizations weathered the highest number of disruptive attacks across Southeast Asia (SEA) last year.

The report said 29% of local organizations experienced a 50% or more increase in incidents.

With Palo Alto Networks, VST ECS will look to address the challenges enterprises face on-prem and within multi-cloud environments.

The partnership aims to support Philippine organizations in achieving both digital transformation and end-to-end cloud security coverage.

The malware, now on the connected device, can then use seemingly normal notifications to trick people into giving it access.

The survey said in 2022, cybercriminals targeted critical infrastructure with ransomware attacks and they also continued to find new ways to exploit the cryptocurrency boom, hybrid working, and, more recently, unsecured APIs.

PLDT-Smart worked with cybersecurity firm Palo Alto to produce a first-of-its kind child protection platform that prevents access to known child sexual abuse and exploitation materials.

As Covid-19 increasingly drives work and leisure activities towards online platforms, Asean organizations predict that the one cybersecurity trend businesses need to pay attention to the most in 2022 will be for cyberattacks to affect personal safety.

Cybersecurity provider Palo Alto Networks recently revealed the findings from its threat research team Unit 42 that shed light on the major disconnect between an organization’s perception of their security to the reality of threats that pose great risk and can impact the business catastrophically.

98% of respondents from the Philippines said they observe the practice of reporting data breaches to authorities, which is done in compliance with guidelines set by the National Privacy Commission (NPC).