In the middle of the pandemic, it was revealed in a recent Kaspersky survey that when it comes to online security, Filipinos are now most concerned about their online activities such as dating and meeting people (86%) as well as their financial transactions (85%) and shopping activities (75%).
Dito also brushed off suspicions that China has control of the new telco, which is majority-owned by Davao-based businessman Dennis Uy, a close friend of President Duterte.
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.
A reliable source told Newsbytes.PH that former police officer Cesar Mancao has been appointed as executive director of the Cybercrime Investigation and Coordination Center (CICC).
The Bank of the Philippine Islands (BPI) was recently accorded a Stevie Award for its online cybersecurity awareness program dubbed #BPIcybersecuriTips: Championing Cybersecurity Awareness, in the 2020 Asia Pacific Stevie Awards.
Given the evolving nature of cyber threats that are expected to become more sophisticated, it is also important that financial institutions have the necessary tools that can help track threats that can evade regular endpoint solutions, even before they hit you.
The Securities and Exchange Commission (SEC) has advised corporations to strengthen their cybersecurity as more Filipinos turn to digital transactions amid the Covid-19 pandemic.
