According to cybersecurity firm Kaspersky, personal data is the main motivation of cybercriminals in targeting job-seekers who are income-less and are themselves in need of money.
The cease-and-desist order was issued after the SEC found that the Astrazion Group has been operating an online multi-level marketing platform where it actively promotes the sale of its digital currency called AZNT Token for 10 cents per token.
Organizations taking a digital leap are more vulnerable to cyber-based threats, said cybersecurity firm Fortinet in a recent webinar on the importance of cybersecurity mesh architecture (CSMA).
The NTC said it is still currently investigating the matter in coordination with Globe Telecom, but agrees with the latter that it may be a classic case of “SMS spoofing”.
The CyberQ Group, a cybersecurity services and consultancy company based in the United Kingdom, has announced its expansion in the Philippines after strengthening its global footprint in the US, New Zealand, and Australia.
GCash said it is working with the National Bureau of Investigation (NBI) and the Philippine National Police (PNP) in its crackdown against fraudsters to fight online scam.
Among the countries in SE Asia, consumers in Malaysia (72%) strongly favored the SMEs’ adoption of digital payment systems, followed by Singapore (68%) and the Philippines (68%).
The Sophos survey showed that 95 % of Philippine companies agree their biggest security challenge in the next 24 months will be the awareness and education of employees and leadership.