California-based cybersecurity firm Palo Alto Networks recently released its predictions and expectations for the global cybersecurity industry in the coming year 2022. Some of Palo Alto’s forecast include bitcoin becoming a financial tool for cybercriminals and digital services growth spurring greater digital fraud.
74 percent of Pinoy SME respondents named exposure of customer data and resulting loss of customer trust as their biggest fear when it comes to website security.
Recent undercover work by the telco’s cybersecurity operations team bared that the link found in newer text messages directs customers to a group chat in the messaging application WhatsApp.
Ten government agencies, including the Bangko Sentral ng Pilipinas (BSP) and Department of Justice (DOJ), have joined efforts to catch those behind the epidemic of smishing and text spams luring Filipinos into spurious investment schemes and work-from-home jobs.
On top of that, there will be growth of attacks against payment systems and more advanced mobile threats, while cybercriminals will take advantage of investors by fabricating rogue wallets with backdoors included.
The breach incident has made the rounds online after social media personality Christian Albert “Xian” Gaza disclosed information on the ransomware attack in a number of posts in his Facebook page.
Hotel booking site RedDoorz recently fell victim to a large-scale data breach, exposing 5.9 million Southeast Asian users’ personal data, a majority of which came from its largest market in Indonesia. Ever since the pandemic accelerated digital transformation, so too have cyberthreat actors proliferated and went bolder in their attacks.
