IBM Security announced on Wednesday, July 28, the results of a global study which found that data breaches now cost surveyed companies $4.24 million per incident on average – the highest cost in the 17-year history of the report.
IBM said fully homomorphic encryption (FHE) is changing the way enterprises keep data secure by not just being able to encrypt the data in transit, but also perform computations without decrypting the data as well.
Experts from e-security firm Kaspersky have uncovered a rare, wide-scale advanced persistent threat (APT) campaign against users in Southeast Asia, most notably in the Philippines and Myanmar.
One subject area that has dropped off dramatically includes messages related to Covid-19, the report said, adding that end-users have become more savvy about scams related to that topic.
Accessing dating sites is safe, but users still need to be careful so that they won’t fall victim to “doxing”, which is the practice of sharing or revealing in public “previously private information in order to shame or harm the victim.”
The Department of Science and Technology (DOST) has issued a statement labeling as “unfounded” and “false” an online report that it is involved in an DDoS (denial of service attack) against local alternative media.
The percentage of suspected digital fraud attempts coming from the Philippines in financial services increased 50%, the highest among all industries analyzed.
In the Philippines, the top five most popular apps and websites for Filipino children are YouTube (29.40%), TikTok (14.47%), Messenger (13.51%), Roblox (8.71%), and Facebook (8.50%).