The Philippines ranks high as the fourth country in Asean targeted by ransomware attackers while remaining at a low 82nd when it comes to cybersecurity readiness.
The program simplifies the onboarding process and will enable SMEs to sign up with PayMongo and start accepting digital payments within three to five working days.
The National Privacy Commission (NPC) has joined hands with two groups from the finance sector in urging online lenders to stop excessive data collection and start complying with the Data Privacy Act.
Fortinet’s semi-annual FortiGuard Labs Global Threat Landscape Report also shed light on the volume of ransomware activity of this year compared to last year, which ha snow grown by tenfold. These attacks are targeting supply chains of multiple organizations and are affecting critical infrastructure and productivity.