(Image by Pete Linforth/Pixabay) Security firm Sophos took a deeper look into the SamSam ransomware and found out that its victims have paid almost $6 million in ransom demands since it began […]
Sophos investigates SamSam ransomware, almost $6M paid in ransom demands
Apple is now the world’s $1-trillion company
(Image from Pixabay) At the closing of the stock market Thursday (US time), Apple Inc.’s stock price leaped to 2.9 percent at $207.39 which led to it becoming the first $1 trillion […]
Gartner says worldwide IaaS public cloud services market grew 29.5% in 2017
(Image by Gerald Altman/Pixabay) The worldwide infrastructure as a service (IaaS) market grew 29.5 percent in 2017 to total $23.5 billion, up from $18.2 billion in 2016, according to Gartner Inc. Amazon […]
Schneider promotes new approach to sustainable business thinking with new platform
Earth Overshoot Day marks the date in the year by when humanity will have consumed more from the planet, including food, fibers, timber, and absorption capacity for carbon dioxide from fossil fuel […]
Huawei overtakes Apple in second spot as smartphone shipment declines in 2Q18
According to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, smartphone vendors shipped a total of 342 million units during the second quarter of 2018 (2Q18), resulting […]
Maybank Auto Loan is now available on digital lending platform, Lendr
Borrowers can now apply for an auto loan with Maybank through FINTQ’s digital lending platform, Lendr. Maybank Philippines is the first bank to open a 24/7 branch in the country. It is […]
Gartner survey finds only 65% of organizations have cybersecurity expert
(Image by Pete Linfort/Pixabay) Despite high-profile cyber attacks and massive data breaches happening recently, organizations don’t see the need to have cybersecurity experts onboard. Industry research firm Gartner finds that despite 95 […]
CEZA sees need for 200-megawatt power plant for ‘mining’ of 25 offshore virtual currency firms
Secretary Raul Lambino (third from right) seals with a handshake CEZA’s collaboration with Hong Kong-based Apsaras Group Ltd. through its chair Jian Li. In the frame is the Principal Provisional FTSOVC License […]
Acer helps educators maximize use of technology in classrooms
Today’s generation grew up in the age of technology that it has become a natural tool for learning. While traditional methods equip students with the knowledge they need, the use of technology […]
Eatigo receives follow-on investment from TripAdvisor to expand operations in Southeast Asia
Restaurant reservation app Eatigo has received a follow-on investment from its existing strategic investor, TripAdvisor, bringing its total raise across all its investors to date to over $25 million. The pre-series C […]
Globe says company is on track with 5G deployment for the second quarter of 2019
In a media advisory released Friday, Globe Telecom said it is on track on the planned deployment of 5G technology in the second quarter of 2019. A few weeks ago, the telecommunications […]
Old ransomware Jigsaw reemerges, upgrades to become bitcoin stealer
(Image by Pete Linforth/Pixabay) Even cybercriminals upgrade or upcycle ransomware as evidenced by Jigsaw that has reemerged to target the cryptocurrency industry. The ransomware is now known as BitcoinStealer and can wipe […]
Administrator says CEZA’s second-quarter revenues exceeded full-year 2017 earnings
Raul Lambino, administrator and CEO of CEZA The Cagayan Economic Zone Authority (CEZA) has earned P205.976 million from offshore Financial Technology (FinTech) firms to raise its total revenues to Ᵽ340.625 million by […]
Akamai expects big shift in security posture in the Philippines
(Image by Darwin Laganzon/Pixabay) Recent data breaches, not only in the private sector but in the government as well, raised cybersecurity awareness in the Philippines. While the conversation is still limited to […]
Climate change threatens undersea internet cables, damage may happen sooner than expected — study
(Image from Pixabay) The internet has exploded into a mammoth universe for humanity, and technology organizations scrambled to become part of it. In the process, telecommunications companies expanded their infrastructure to serve […]
Starmobile launches affordable LTE phones in PH powered by Smart
Philippine smartphone brand Starmobile brings the latest and affordable quadband LTE smartphones in the Philippines. For as low as low as P1,888, Filipinos can enjoy LTE speeds and stability on the Starmobile […]
Calisto malware on MacOs discovered after two years, already dead but may still obtain passwords
Calisto, a version of the Mac malware called Proton, was discovered only recently but has been around for two years. Security experts say it is already dead at this point but they […]
Acer Day celebrates diversity in music
Hardware and electronics corporation Acer kicked off its annual “Acer Day” celebrations recently with the theme “Play Music Together.” Introduced last year, Acer Day saw its beginnings in 14 countries across Pan-Asia Pacific. […]
CEZA plans to issue own crypto coin; Liannet to host PH blockchain summit
By Edd K. Usman Deep-diving into blockchain technology and cryptocurrency, the Cagayan Economic Zone Authority (CEZA) is planning to issue its own “token” or crypto coin. The planned release of the CEZA […]
Ookla recognizes PLDT, Smart on fast internet speed
PLDT and its wireless subsidiary Smart Communications Inc. (Smart) have been cited for being the country’s fastest fixed and mobile networks for the first and second quarter of 2018, respectively, by Ookla®, the global leader […]
Singapore prime minister, 1.5M healthcare patients affected by serious data breach
(Image from Pixabay) Singapore Prime Minister Lee Hsien Loong is among the 1.5 million patients of SingHealth, whose non-medical data were compromised in a cyber attack that was detected on July 4. […]
Magniber ransomware expands reach to more Asia-Pacific countries
(Image by Pete Linforth/Pixabay) One of the longest-running exploits called Magnitude has been upgraded to target more countries in the Asia-Pacific, according to the blog post of Malwarebytes. Magniber, the breed of […]
Sophos Intercept X for Server uses deep learning to prevent malware attacks
Network and endpoint security firm Sophos announced the availability of its Sophos Intercept X for Server, a next-generation server protection with predictive deep learning technology that provides constantly evolving security against cyber […]
‘Love to Lab’ wins DOST’s 2018 national ‘Best SETUP Adoptor’ Competition
Dr. Remedios S. Flamiano with her trophies after her Greenlands Agritech Ventures, DOST XII entry, won the national Best SETUP Adoptor Award in the DOST National Science and Technology Week (NSTW) on […]
Onslaught of botnets hounds hospitality industry — Akamai
(Image by Sasin Tipchai/Pixabay) While critical industries such as the financial sector have embraced and invested heavily in information security, the hospitality industry has been left wide open for cybercriminals. Credit card information, […]
Hussarini backdoor might be targeting the Philippines — Fortinet researchers
(Image by Pete Linfort / Pixabay) Security researchers of Fortinet recently discovered a malicious document that is suspected to be targeting the Philippines using a Microsoft Office code. The document is named […]
Lack of skills, knowledge, costs cited as barriers to AI adoption in Asean region
(Image by Gerald Altman/Pixabay) While Asean has almost doubled its AI (artificial intelligence) adoption from 8 percent in 2017 to 14 percent this year, many organizations are not showing any urgency to […]
CEZA off to a successful start on setting up Fintech Hub in PH
In photo: CEZA Senior Deputy administrator Raymundo Roquero (left) seals a deal with a handshake with Hong Kong-based GMQ represented by its legal representative Ricky Law on July 10. (Edd K. Usman) By […]
Data breach affects 21 million Timehop users
About 21 million users have been affected by the Timehop data breach that happened on July 4. The digital nostalgia app that collects photos from across all social media platforms as well […]
Gov’t agencies to handle consumer complaints involving telco services
(Image from Pixabay) Five government agencies will soon launch a draft joint administrative order (JAO) to deal with consumer complaints involving telco services. Each of the agency will handle a specific complaint […]
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