The TrustTech movement advocates for a whole-of-nation approach to tackle cyber scams, with a focus on educating the public about cyber threats and implementing policies to safeguard both businesses and consumers.
The latest edition of the “Cost of a Data Breach Report” from IBM Security has revealed that the average cost of a data breach in Asean countries, including in Philippines, reached $3.05 million in 2023 – an all-time high for the report and a 6% increase year-to-year.
The Cybercrime Investigation Coordinating Center (CICC) is engaging consumer advocacy group CitizenWatch Philippines to help stem the growing the cases of consumer fraud that usually targets hit poor consumers.
The vast majority of cyber professionals state the cybersecurity skills shortage and skills gap has not improved over the past few years and even got worse.
Located at the Finance Centre Building in BGC, Taguig City, the facility will serve as a dedicated service center for Filipino conglomerates, offering a convenient near-shore option for Asean multinationals, and serving as an in-region hub for Asia Pacific clients.
Based on the list released by the cybersecurity company, the most targeted in the region were Vietnam (17,847,857), Malaysia (8,267,013), Thailand (6,283,745) and Indonesia (4,931,367).
From fake ticket aggregators to accommodation and survey scams, fraudsters employ various tactics to steal money and sensitive information, Kaspersky said.
Cybercrimes in the National Capital Region (NCR) rose drastically by 152 percent during the first half of the year partly due to the carelessness of online users and the availability of malware online, according to the Philippine National Police.
