Smart warns public against fake cell towers
Smart Communications Inc. (Smart) has issued a new warning to customers regarding SMS scams facilitated by “fake cell towers.” These illegal devices allow scammers to send text messages directly to…
Cloudflare mitigates nearly 6 million DDoS attacks in Q3 2024
Cloudflare, a network security provider, reported in its quarterly DDoS Threat Report that it detected and prevented nearly six million Distributed Denial of Service (DDoS) attacks during the third quarter…
Fortinet report shows gaps in employee cybersecurity awareness
Fortinet’s latest report reveals that nearly 70% of organizations feel their employees lack basic cybersecurity knowledge, highlighting the ongoing risks posed by evolving cyberattacks. Leaders are especially concerned about the…
NCC Group strengthens support for Philippine cybersecurity talent
Global cyber security company NCC Group reaffirmed its dedication to nurturing cyber security talent in the Philippines, where it sees a growing demand for professionals. The firm’s recent report, Threat…
Sophos to acquire Secureworks for $859 million
Sophos, a global provider of cybersecurity solutions, has announced a definitive agreement to acquire Secureworks in an all-cash deal valued at $859 million. Secureworks shareholders will receive $8.50 per share…
Trend Micro study shows gaps in cybersecurity leadership
A new report from Trend Micro Inc., a cybersecurity solutions provider, highlights the lack of consistent cybersecurity measures across organizations worldwide. The research shows that only 36% of organizations have…
IDC: Asia Pacific cybersecurity market to reach $6 billion by 2027
Cybersecurity spending by small and medium-sized businesses (SMBs) and midmarket companies in the Asia Pacific region is expected to grow significantly, reaching $6 billion by 2027, according to a new…
Fortinet finds phishing kits sold on the darknet to target US voters
Information from cybersecurity solutions provider Fortinet reveals that threat actors have been selling “affordable” phishing kits on the darknet. These kits contain tools that enable cybercriminals to impersonate presidential candidates…
Microsoft: Cybercriminals collaborate with nation-states in cyber attacks
Microsoft’s fifth annual Digital Defense Report highlights a troubling trend: nation-state actors are teaming up with cybercriminals to launch attacks. This collaboration has resulted in over 600 million potential attacks…
GoTyme Bank and PNP join forces to fight cybercrime
Digital bank GoTyme Bank has teamed up with the Philippine National Police Anti-Cybercrime Group (PNP ACG) to tackle the growing threat of cybercrime. “Our success in reducing cybercrime comes from…
Tenable cautions businesses about toxic cloud triad
According to the 2024 Tenable Cloud Risk Report, 38% of organizations in the Asia Pacific (Apac) face significant risks from a combination of misconfigurations, excessive permissions, and critical vulnerabilities, or…
FS-ISAC urges financial firms to act on quantum computing risks
FS-ISAC, the member-led nonprofit advancing cybersecurity and resilience in global finance, has released new guidance urging financial institutions to prioritize “cryptographic agility” as a defense against future threats posed by…
Smart, TNT issue warning on fake SIM registration scams
Mobile services provider Smart Communications Inc. and its value brand TNT have alerted their customers about a new scam involving fraudulent SIM registration portals. These scams are often delivered through…
BPI warns public to stay cautious against holiday cyber scams
As the holiday season approaches, the Bank of the Philippine Islands (BPI) is urging consumers to remain vigilant against the growing threat of cyber scams. With the increase in online…
Cloudflare survey shows AI-driven threats heighten cybersecurity worries
A new survey from connectivity cloud company Cloudflare Inc. reveals that businesses in the Asia Pacific region are increasingly concerned about the impact of artificial intelligence (AI) on data breaches.…
Sophos: AI tools are being used to spread fake news in elections
According to Sophos, a cybersecurity company, political campaigns are being impacted by (artificial intelligence) AI-generated fake news. Before AI became popular, spotting scams like phishing emails was often easy because…
Smart and Maya alert public on ‘text hijacking’ scam
Wireless communication services Smart Communications Inc. (Smart) and digital bank Maya are warning customers to stay cautious of “text hijacking” scams, an increasing form of fraud where scammers impersonate trusted…
Fortinet continues initiative to address cybersecurity skills gap
Fortinet is making steady progress in its goal to tackle the cybersecurity skills shortage. The global cybersecurity company aims to train one million people by the end of 2026 through…
Quantum computing and the future of cryptography: Understanding the imminent threat
By Bobby O. Corpus Jr., President, OneQuantum PH/Quantum Computing Society of the Philippines Encryption is the backbone of most sensitive transactions on the web, ensuring our data remains secure. If…
Metrobank warns consumers against vishing scams
Metrobank is warning customers about the rising threat of vishing, or “voice phishing” scams, and how to avoid falling victim. Vishing occurs when fraudsters pose as legitimate representatives from banks…
Sophos: Ransomware attacks keep rising in manufacturing sector
The manufacturing and production industry has seen a 41% increase in ransomware attacks over the past four years, according to the latest Sophos State of Ransomware report. In 2023, 65%…
ISOG holds 2nd colloquium 2024: An In-Depth Exploration of AI and Cybersecurity Advancements
The Information Security Officers Group (ISOG) held the second installment of the ISOG Colloquium 2024 on Sept. 5 at the Asian Institute of Management (AIM). Building on the success of…
Appdome survey shows rising demand for mobile app security in PH
A recent survey by Appdome, a mobile app security solutions provider, highlights the increasing demand for mobile app security among Filipino users. The “4th Annual Philippines Consumer Survey of Mobile…
PH rises to 53rd place in global cybersecurity index
The Philippines has made a significant leap in the 2024 United Nations Global Cybersecurity Index (GCI), climbing to 53rd place from its previous rank of 61st in 2020. The report,…
Barracuda reveals cybercriminals target creative platforms for phishing scams
Cybercriminals are now taking advantage of popular content creation and collaboration platforms to launch phishing attacks, according to new research from Barracuda Networks. Barracuda said these platforms, often used by…
Kaspersky warns finance sector faces persistent cyber threats
Kaspersky, a cybersecurity and data privacy solutions provider, has issued a warning about the finance industry remaining a primary target for cyberattacks. Despite the introduction of a cyber resilience framework…
Smart activates ‘HuliScam’ reporting portal to combat text scams
Smart Communications Inc. (Smart) unveiled “HuliScam,” a public reporting portal developed to counter text scams and phishing activities. Customers can report unsolicited messages, including the mobile number and embedded links,…
Sophos: Ransomware costs rise for educational organizations
A recent survey by cybersecurity firm Sophos reveals that educational organizations are paying a high price to recover from ransomware attacks, with some institutions paying more than the initial ransom…
Trend Micro’s DECODE 2024 draws over 1,100 attendees
Trend Micro recently hosted its 8th annual cybersecurity conference, DECODE 2024: Fusion Forward, attracting over 1,100 participants. This year’s event, held in September, brought together IT and cybersecurity professionals for…
Kaspersky reports Loki backdoor targets Russian companies
Kaspersky researchers have discovered a new version of the Loki backdoor malware, which has been used in cyberattacks against at least 12 Russian companies across various sectors, including engineering and…
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