e-Security

On average, it took less than a day — approximately 16 hours — for attackers to reach Active Directory (AD), one of the most critical assets for a company, a report from cybersecurity firm Sophos said.

Fortinet, which commissioned the study, said this also indicates that companies posted significant improvements in handling security incidents.

According to a 2022 study, there are 20% (or an estimated two million) Filipino children aged 12-17 who were subjected to online sexual abuse and exploitation.

The Securities and Exchange Commission (SEC) has urged the public to be vigilant when it comes to online lending apps, saying it has has received harassment reports from netizens coming from these online “loan sharks.”

The PLDT Group is also building a cybersecurity operations center at the Villamor Air Force Base in Pasay City.

The figure represents a striking 226.22% increase from 17,851 during the equivalent period last year, Globe said.

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.

While the educational sector reported one of the highest rates of ransom payments, doing so significantly increased recovery costs and time.

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.