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.
In a joint advisory, the UK’s National Cyber Seurity Centre and the US Department of Homeland Security said cybercriminals are “scanning for known vulnerabilities in remote working tools and software, which is evidence that they are looking to take advantage of the increase in people working from home.”
