cybersecurity

The 2022 Online Authentication Barometer has identified that entering passwords online has dropped by 5% to 9% across all five major use-cases that it tracks -- including accessing financial services, work computers and accounts, social media, streaming services, and smart home devices -- compared to last year.

The three-day event featured sessions on cybersecurity best practices, trainings and certification tracks along with segments on ICT development and gender equality and social inclusion in ICT.

As the world’s largest blockchain ecosystem, Binance will benefit from closer relations with the PNP, CICC, and other cybersecurity agencies.

The Bruteforce.Generic.RDP attacks were mostly aimed at remote workers, highlighting pandemic-induced cybersecurity vulnerabilities.

Asians’ close relationships with their smartphones makes them particularly vulnerable to mobile banking Trojans.

The BSP said it recently completed the Advanced SupTech Engine for Risk-Based Compliance (ASTERisC*), which will soon be deployed among selected BSP Supervised Financial Institutions (BSFIs).

Philippine companies paid $1.6 billion on average through the nose for ransomware attacks in 2022, making the country the third most-extorted by ransomware in the world next only to Japan and the Netherlands, according to cybersecurity firm Sophos.

However, the cost of increased security is oftentimes frustration and disengagement on the part of consumers.

Microsoft explained that the RaaS economy provides even malicious users with little technical expertise access to ransomware payloads, data leakage, and payment infrastructure. Cybercriminals can buy and use multiple RaaS programs such as Conti or REvil, and switch between them as needed. This market for ransomware services has created an entire industry with its own middlemen, including brokers and other specialized roles.

Enterprise security software provider Trend Micro announced the official entry of its unified cybersecurity platform ‘Trend Micro One’ which will encompass several of the company’s key business segments under one umbrella platform.