In a survey conducted at a recent forum hosted by analytics and decision management software firm Fico, heads of fraud from across the Asia Pacific region said that card not present (CNP) fraud is the fastest-rising area, with 94 percent of attendees reported a rise in CNP fraud.
UK-based security solutions company Sophos is targeting the middle market, as well as the small and medium enterprises (SME) space in the Philippines, with the arrival of its new Sophos SG Series appliances.
Kaspersky Lab's first-ever multi-platform solution will be essential in a country like the Philippines, which has become one of the biggest and fastest growing markets for Android smartphones in Southeast Asia.
Enterprise employees download from app stores and use mobile applications that can access enterprise assets or perform business functions, and these applications have little or no security assurances. These applications are exposed to attacks and violations of enterprise security policies.
Syrian malware relies heavily on social engineering and leveraging trust in order to achieve rapid propagation and infection, the anti-virus and Internet security software company said in a statement.
Although the Philippines topped the SEA region in having APT activities, it only ranked fifth among the ten APJ countries included in the report. Unlike other cyberattacks, APT bypass traditional defenses like firewalls, next-generation firewalls, IPS, anti-virus, and security gateways.