The $81-million Bangladesh Bank heist back in 2016 is an example of a successful cyber attack, which happened on the first day of Lunar New Year, a national holiday in the Philippines and the rest of Asia.
PLDT, quoting a report by Romanian cybersecurity technology company Bitdefender, said hackers will go after employees 99% of the time by employing social engineering to coax their victims into revealing their personal information.
With the government making it clear that it is eyeing to further enhance the speed and availability of Internet connectivity, a top executive of an network security believes that the requirement to secure the general population becomes even greater today.
The latest Kaspersky research has revealed that cybercriminals posted more than one million messages mentioning escrow services on the dark Web from 2020 to 2022.
Indonesia chalked up the highest number of financial phishing incidents (208,238). Vietnam comes as a second close with 172,694, and Malaysia recorded 120,656. Thailand logged 101,461 phishing attempts related to finances, followed by the Philippines with 52,914, and Singapore with 22,109.
Newly released insights from cybersecurity company Kaspersky have revealed its users in the Philippines received repeated attacks from threats through removable drives and infected websites in 2022 compared to 2021.
Kaspersky’s global research, conducted among 834 IT decision-makers from APAC, shows a loss or exposure of corporate and customer information because of a data breach is a major headache for companies.