BPI, Digital Pilipinas launch ‘TrustTech movement’ for a more cyber secure nation

Photo shows (L-R) National Security Council Asst. Director General Cornelio Valencia; National Privacy Commission Deputy Commissioner Leandro Aguirre; Department of Information and Communications Technology Assistant Secretary Jeffrey Ian Dy; Philippine National Police - Anti-Cybercrime Group Spokesperson PCPT Michelle Sabino; Department of Information and Communications Technology - Cybercrime Investigation and Coordinating Center Undersecretary Alexander Ramos; House Committee on Banks and Financial Intermediaries Chairperson Rep. Irwin Tieng; BPI President and CEO TG Limcaoco; Digital Pilipinas Convenor Amor Maclang; Justice Secretary Jesus Crispin Remulla; Global Fintech Institute Co-founder Chia Hock Lai; and BSP Acting Deputy Director for Fintech Innovation and Policy Research Group Jovelyn Hao.

The Bank of the Philippine Islands (BPI) is serious in its commitment to improve the nation’s cybersecurity as it spearheads, together with Digital Pilipinas, the TrustTech movement, a whole-of-society campaign that aims to build confidence among individuals and businesses in the Philippine digital realm. (more…)

Globe sees last-minute surge in SIM registrations, cites customer support and communications campaign

Globe Telecom

Globe reported a last day surge in subscriber identity module (SIM) registrations to the National Telecommunications Commission (NTC) as the deadline lapsed and the grace period for reactivation began. The leading mobile network attributed this welcome stream of last-minute registrants to its vigorous communications campaign and the support of its customers, government regulators and private sector partnerships. (more…)

Web3 social media app ROLA.ai debuts Predict2Earn, answer and earn features in the Philippines

MANILA, Philippines, July 29, 2023 — ROLA.ai, the first-of-its-kind crypto community platform, unveiled groundbreaking Web3 features, marking its physical debut in the Philippines. Crypto enthusiasts, beginners, and experts gathered to experience the future of crypto engagement at an interactive event at Revel at The Palace in Bonifacio Global City in Taguig. (more…)

APAC scam-paign: Number of scam resources per brand soars by 211% in 2022 – Digital Risk Trends

Headline scam and phishing data from Digital Risk Trends

Singapore, July 12 2023 — Group-IB, a global cybersecurity leader headquartered in Singapore, has today published Digital Risk Trends, a comprehensive analysis of the world’s two most common cyber threats: scams and phishing. The average number of scam resources created per brand, defined as the number of instances in which a brand’s image and logo was appropriated for use in scam campaigns, across all regions and industries more than doubled year-on-year in 2022, up 162%. In the Asia-Pacific (APAC) region, the rise was even more significant, with this number soaring by 211% compared to 2021. Additionally, the number of phishing websites detected by Group-IB’s Digital Risk Protection in 2022 was more than three times higher than in 2021. These findings build upon the 2022 Global State of Scams Report, published by the Global Anti Scam Alliance and ScamAdviser in collaboration with Group-IB, which revealed that scams caused over $55 billion in damages. The so-called scamdemic shows no signs of slowing down. (more…)

Agile Data rakes ₱27M revenue, marks age of financially sustainable startups in PH

People behind Agile Data

26 July 2023, Manila, Philippines – In the technology start-up landscape, characterized by rapid expansion often at the expense of burning capital and where profitability is commonly deferred, market insights start-up Agile Data Solutions Inc., distinctively positions itself against the prevailing trend. Notably, this unconventional strategy is proving not only feasible but also successful. (more…)