Sophos: Rising ransomware costs hit energy and water sectors
A recent report from Sophos reveals that median recovery costs for ransomware attacks on the Energy and Water sectors have surged to $3 million over the past year. This figure,…
Kaspersky leads in 2024 anti-phishing test
According to Kaspersky, a cybersecurity solutions company, there have been 515 million phishing attempts thwarted globally. The company underscored the importance of having a reliable security solution to mitigate such…
Aqua Security says phantom secrets persist in git-based infrastructure
Aqua Security’s research team, Aqua Nautilus, recently published a report highlighting a significant security vulnerability in Git-based infrastructure, commonly used by Source Code Management (SCM) systems like GitHub, GitLab, and…
Barracuda: Cybercriminals exploit URL protection services in phishing attacks
Using a novel attack technique, cybercriminals are abusing legitimate URL protection services to hide malicious URLs in phishing emails, according to a recent Threat Spotlight from Barracuda Networks, a provider…
Zoho Report: SEA leads developing regions in email security awareness
The latest report from technology company Zoho, revealed a regional email security awareness score of 43.2% in Southeast Asia (SEA), compared to 40.7% for the Middle East and Africa (MEA)…
Shift in scammer tactics observed as Globe reports decline
In the second quarter of 2024, digital solutions provider Globe observed a significant decrease in blocked spam SMS messages, highlighting a shift in scam tactics as fraudsters adapt to new…
IDC: Paris Olympics drive cybersecurity revenue amid rising threats
According to market intelligence firm International Data Corp. (IDC), the expected increase in cybersecurity threats during the Olympic Games Paris 2024 will lead to a rise in cybersecurity services revenue…
Bayad secures certification for intensifying cybersecurity
Bayad has strengthened its cybersecurity framework while upgrading its backend and frontend solutions. The company has obtained the Payment Card Industry Data Security Standard 4.0 (PCIDSS 4.0), reinforcing its commitment…
Commvault survey identifies key cyberattack recovery strategies
Commvault, a cyber resilience and data protection solutions provider, aims to help organizations enhance their cybersecurity by identifying effective recovery strategies against cyberattacks. Partnering with GigaOm, a research firm, Commvault…
Telco operators caution public about new wave of scam messages
The Philippine Chamber of Telecommunications Operators (PCTO) has voiced concerns regarding a new wave of scam messages targeting mobile users through methods outside traditional telecommunications networks. The organization has called…
Kaspersky: Cybersecurity threats increase for small businesses in early 2024
The latest report from cybersecurity solutions company Kaspersky indicates a 5% rise in cybersecurity infections affecting small to medium-sized businesses (SMBs) in the first quarter of 2024 compared to the…
Akamai report reveals bot threats to e-commerce
A recent report by Akamai Technologies, titled “Scraping Away Your Bottom Line: How Web Scrapers Impact Ecommerce,” reveals significant security and business risks posed by the rising prevalence of web…
‘Inside Out’ of cyber scams: Protecting yourself from emotional traps
As the movie “Inside Out 2” captivates audiences with its exploration of human emotions, there’s an important lesson we can draw from the film: Emotions play a significant role in…
Understanding ‘ethical’ hacking amid Philippines’ cyber controversies
The term “hacking” often conjures up negative images — data breaches, compromised networks, defaced websites, and distributed denial-of-service (DDoS) attacks. Recently, the Philippines has been plagued by such incidents, further…
Converge partners with US-based firm to build AI-powered data centers
Converge ICT Solutions Inc., a fiber broadband provider, has signed a Memorandum of Understanding (MOU) with US-based Super Micro Computer Inc. to build advanced, AI-driven data centers in the Philippines.…
AWS enhances security framework to safeguard GenAI workloads
Securing generative AI (GenAI) workloads is increasingly becoming a priority for organizations. Amazon Web Services (AWS) enhanced its security features to address the challenges that come with leveraging GenAI. Kimberly…
Kaspersky reveals runtime security challenges for geo-distributed businesses
Kaspersky’s recent report, “Managing Geographically Distributed Businesses: Challenges and Solutions,” highlights the prevalence of cybersecurity incidents in container environments. The Kaspersky study reveals that 85% of companies utilizing container development…
PLDT, Smart block 600K fraudulent mobile numbers
Smart Communications Inc. (Smart), PLDT’s wireless unit, deactivated over 615,788 mobile numbers linked to illegal activities such as spamming and SMShing scams between January and May this year. PLDT and…
DICT reports ‘minor’ data breach
The Department of Information and Communication Technology (DICT), responsible for overseeing the planning, development, and promotion of the national ICT agenda, has reported a “minor” data breach within its systems.…
Online Alerto: Guarding against digital love scams
To combat this growing threat of online love scams, a Facebook community page named Online Alerto has emerged as a vital resource. This platform focuses on enhancing digital literacy, cybersecurity,…
GCash partners with Philippine agencies for national ID verification
The Philippine Statistics Authority (PSA) and the Department of Information and Communications Technology (DICT) have partnered with GCash to pilot the National ID eVerify platform. This initiative aims to streamline…
PLDT and Smart join forces with CICC to combat scam hubs
PLDT and Smart continue to seek partnerships with the National Telecommunications Commission, other government bodies, telecom industry peers, and various private and public sector allies.
DoubleVerify report highlights rise in ad fraud fueled by AI
The 2024 Trends Report from DoubleVerify identifies GenAI as a major contributor to the escalation of ad fraud worldwide.
Sophos report highlights impact of cyber insurance on boosting company defenses
In a recent report by cybersecurity solutions provider Sophos, 97% of companies with cyber insurance policies have invested in improving their security defenses, driven largely by the requirements to qualify…
NPC confirms data leak affecting 11 million Jollibee customers
The National Privacy Commission (NPC) has confirmed that Jollibee Foods Corp. (JFC) experienced a data breach impacting approximately 11 million customers across its various brands. The incident was reported to…
Sophos appoints Joe Levy as CEO
Sophos, a cybersecurity solutions company, has announced the appointment of Joe Levy as its new chief executive officer (CEO). Levy, who had been serving as the interim CEO since Feb.…
Rex Education calls for protection of original content
With the new school year, Rex Education, publisher of learning materials, emphasizes the need to safeguard original published content and strengthen cybersecurity in educational environments. Citing the recent cyberattack on…
New Kaspersky ecosystem targets growing cloud security needs
A study by cybersecurity solutions provider Kaspersky shows that approximately 85% of surveyed organizations plan to expand their use of cloud services over the next five years. This increase in…
ISOG hosts first cybersecurity colloquium at Asian Institute of Management
The Information Security Officers Group (ISOG) successfully hosted its first Colloquium on June 13, 2024, at the Asian Institute of Management (AIM), drawing over a hundred cybersecurity professionals eager to…
Fico survey finds Filipinos fear scams as real-time payments surge
A recent study by global analytics firm Fico reveals that approximately 1 in 3 Filipinos are increasingly worried about being scammed as the country rapidly embraces real-time payment systems. The…
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