cybersecurity

The partnership between risk management firm Blackpanda, Japanese tech giant NTT, and Hongkong-based insurance provider Jing An Special Risks is slated to change the face of cybersecurity in the Philippines as it makes the first comprehensive and integrated solutions available to the local market.

In 2016, when $81 million was stolen by hackers from the Bangladesh Bank and funneled through casinos in the Philippines, BPI resolved to invest more in cybersecurity. The ambitious cybersecurity program that ensued involved an annual investment of at least P2 billion in cybersecurity improvements.

To address cybercrime in the organization, the Globe official suggested that cybersecurity issues should be discussed at the boardroom level.

Plus: The No. 1 reason why people change their passwords is because they lose them!

The poll, which covered the Philippines for the first time, also showed that Filipino women are more concerned about personal security than men.