Cybersecurity firm CrowdStrike has raised the alarm over the growing sophistication of financially motivated cyberattacks in the Asia-Pacific and Japan (APJ) region, warning that rapid digitalization continues to attract eCrime groups targeting high-value industries.
A bad update by security provider CrowdStrike caused massive systems outages globally on Friday July 19. In the midst of the chaos, humorous memes flooded the Internet.
Cybersecurity firm CrowdStrike singled out China’s actors as the most concerning threat to Philippine organizations’ cybersecurity due to China’s attempts to dominate the APJ and South East Asian region, as exemplified by the its incursions into the West Philippine Sea.
The report from cloud security firm CrowdStrike also said it observed an increase in electronic crime activity – up by more than 330 percent since the start of 2020, as compared to the same period in 2019.
