Local firms asked to boost cybersecurity

Local enterprises were told to strengthen cybersecurity as online transactions become the new norm since the onset of the pandemic.

“There is a need for the further strengthening of cybersecurity among businesses, especially now that cybercriminals are taking advantage of our non-standard operating mode and our increased reliance on digital platforms,” said Marilene Tayag, chief information security officer of ePLDT, the ICT arm of PLDT Enterprise.

“Organizations have started investing more in cybersecurity. Enterprises have come to realize that protecting the company’s digital assets must be integral in the implementation and adoption of innovative technologies,” she said.

A report by Kaspersky Security Network shows that cybersecurity threats in the Philippines increased by 59 percent with over 44.4 million detections in 2020 and over 7,000 companies encountered ransomware attacks.