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The future in focus

Winning together in the fourth industrial revolution By Bjorn Biel M. Beltran, Special Features Writer Professor Klaus Schwab, founder and executive chairman of the World Economic Forum,...

Fighting against cyber threats and piracy

Threats to cybersecurity can no longer be put on the back burner, given how immense the financial dangers and reputational risks they pose have...

Central bank calls on financial institutions to sign up on cybersecurity...

TO HELP strengthen the banking industry’s resilience to cyber attacks, the Bangko Sentral ng Pilipinas (BSP) has ordered BSP-supervised financial institutions (BSFIs) to participate in a cybersecurity sharing platform hosted by the Bankers Association of the Philippines (BAP).

Cyber firm Deep Instinct gets deal to secure HP laptops

TEL AVIV — HP Inc. is working with Israeli cybersecurity firm Deep Instinct to launch HP Sure Sense to prevent advanced cyber attacks, the two companies said on Tuesday.

Humans cause nine out of 10 data breaches in the cloud:...

Incidents in public cloud infrastructure are more likely to happen because of a customer’s employees rather than actions carried out by cloud providers, according...

Over half of organizations with cybersecurity strategies fail to test them

Last month, IBM Security announced the results of a global study exploring organizations preparedness when it comes to withstanding and recovering from a cyberattack....

P&A Grant Thornton: Unlocking the potential for growth of its clients...

In its 31 years of providing outstanding assistance, insights, and expertise to its clients, P&A Grant Thornton continues to be a leading professional services...

Navigating a more dynamic world

By Mark Louis F. Ferrolino, Special Features Writer The local finance and accounting industry continues to thrive on the back of the country’s growing economy and...

Philippine banks boosting guards versus cyber threats

A CRISIS MANAGEMENT and security consulting firm said the preparedness of the Philippine banking sector in dealing with cyber threats is “quickly changing” even as financial institutions remain the most vulnerable to these attacks.

Cybersecurity: The year in review, the year ahead

Kaspersky Lab shares its cybersecurity predictions for 2019.

Initial rollout of National Cyber Intelligence Platform seen next month

THE INITIAL STAGES of the National Cyber Intelligence Platform (NICP) are expected to be launched this January, according to an advisor of the Department of Information and Communications Technology (DICT).

Have yourself a merry, safe online shopping experience

Think before you click: keep your financial credentials safe during holiday shopping.

Philippines urged to boost cybersecurity amid Huawei concerns

AS several countries start cutting ties with Chinese technology companies particularly Huawei Technologies Co., Ltd. due to security concerns, cybersecurity experts in the Philippines urge the government to start improving the country’s defenses to avoid a bigger problem in the future.

Security in a world of too much data

BusinessWorld holds Cybersecurity Forum By Bjorn Biel M. Beltran, Special Features Writer Cybersecurity starts from within. That is the clarion call expressed by the speakers at BusinessWorld’s first...

Small businesses as vulnerable to website hacks as big companies

GoDaddy experts explain the “small business website security paradox.”

Gone phishing: The latest in cybercrime, and how to beat it

Kaspersky Lab on the latest cybersecurity threats, and how to beat them.

Combatting bank scams and frauds

Scams and frauds remain a serious threat to financial institutions and consumers, especially these days when fraudsters are becoming more sophisticated as the technologies...

Finding comfort and guidance in disruptive times

MORE AND MORE industries are facing disruption as digital technologies continue to evolve. Traditional business models are crumbling, and transformation is prevalent in the...

Philippines no. 9 on most-attacked list online — Kaspersky Lab

THE Philippines was ninth in the world in terms of volume of online attacks during the second quarter, up from 44th a year earlier, cybersecurity company Kaspersky Lab said.

Researchers find flaw in WhatsApp

PARIS, FRANCE -- Researchers at Israeli cybersecurity firm said Wednesday they had found a flaw in WhatsApp that could allow hackers to modify and...

Taiwan chipmaker blames WannaCry ransomware for plant closures

TAIWAN chipmaker TSMC, reeling from a computer virus that shut down several plants over the weekend, is expected to be able to fill orders on time for Apple Inc. as it gears up to release new iPhones later this year.

CIC expects centralized system to go live in Q3

STATE-RUN Credit Information Corp. (CIC) has pushed back the launch of the country’s centralized credit information system as it is still ensuring the quality and safety of data.

Cybersecurity plan set for TradeNet

THE DEPARTMENT of Finance (DoF) said it will integrate cybersecurity features in the country’s new trade facilitation platform.

Information-sharing among sectors key to beefing up cyber defenses

By Patrizia Paola C. Marcelo, Reporter Coordination and action among different sectors can help companies beef up their cyber defenses, representatives from various sectors said. "The criminals...

Jollibee ordered to suspend delivery website after data breach

The National Privacy Commission (NPC) has ordered Jollibee Foods Corporation (JFC) to suspend its online food delivery operations and implement preventive website security measures...

Cooperation, info sharing to aid banks’ cybersecurity

COOPERATION and information sharing in the financial system are crucial in enhancing the sector’s resilience versus cybersecurity threats, the Bangko Sentral ng Pilipinas (BSP)...

Information-sharing key to battling cybersecurity threats — Fonacier

Cooperation and information sharing in the financial system are crucial in enhancing the sector's resilience from cybersecurity threats, the Bangko Sentral ng Pilipinas (BSP)...

Google ramps up Gmail privacy controls in major update

San Francisco -- Google on Wednesday ramped up privacy controls in a Gmail overhaul, aiming first at businesses that use its suite of workplace...

AMD confirms chip security flaw, says report exaggerated danger

ADVANCED Micro Devices, Inc. (AMD), Intel Corp.’s main rival in computer microprocessors, said a report earlier this month alleging that its chips have widespread,...

Web vulnerabilities in 2017 surge 212% — study

The number of web application vulnerabilities soared to an alarming rate in 2017, with more than a third these vulnerabilities unsolvable by any software fix,...

KPMG R.G. Manabat & Co.: Navigating tomorrow’s risks and opportunities

By Bjorn Biel M. Beltran The economic integration of the member states of the Association of Southeast Asian Nations could be the next big opportunity...

Banks, other financial firms told to set up round-the-clock cybersecurity centers

BANKS and financial entities must set up round-the-clock centers that will actively monitor and prevent cyber-attacks, as part of the stricter guidelines issued by...

BSP readies cybersecurity guidelines

THE BANGKO SENTRAL ng Pilipinas (BSP) will soon release enhanced guidelines on cybersecurity that will elevate such concerns to top management of banks and...

New malware attack hits parts of Europe

KIEV, UKRAINE -- A cyberattack hit a Ukrainian international airport and three Russian media outlets Tuesday before also being detected by IT experts in...

European Union to launch cybersecurity ‘safety labels’

BRUSSELS -- The European Union unveiled plans on Sept. 20 to step up its response to cyber attacks, including a new intelligence-sharing agency, cyber...

Cybersecurity setup in the works — Finance dep’t

By Janine Marie D. Soliman Reporter THE DEPARTMENT of Finance (DoF) is in the works of putting up a cybersecurity defense structure across all its units...