A new report from cybersecurity firm Sophos has found that 94% of respondents in cybersecurity and IT roles in the Philippines are impacted by burnout and fatigue, the highest among the markets surveyed.
The NCC Group, which occupies the entire 37th floor of the posh Seven Neo building at the middle of Bonifacio Global City in Taguig City, currently employs 70 local workers but plans to hike the headcount to 500.
This comes in the face of the Philippines being second in the world when it comes to the number of recorded cyberattacks, losing up to P100 million in each instance, according to data provided by the Philippine National Police.
Bohol representative Alexie B. Tutor, a member of the House Committee on Information & Communications Technology, has pointed out the lack of certified experts and underinvestment in cybersecurity as among the factors that contributed to complacency and the false sense of security in cybercrimes.
Cyberint noted that hackers (mostly “infostealers”) have turned to “vishing” and “smishing” to lure Filipinos to divulge personal information, and worst, to take control of personal accounts, found in e-wallets, etc.