The banking, financial services, and insurance (BFSI) industry remains at the forefront of issues surrounding cybersecurity in the Philippines, particularly identity-based fraud, based on a recent summit Trend Micro hosted for free for executives, professionals, and consultants from the financial services industry. (more…)
Research from Couchbase finds developers at banks, insurers and other iinancial service providers are being pushed too hard to meet digital expectations (more…)
This new technology, under DigiCOOP and supported by Traxion Tech Inc., aims to cater to underserved cooperatives and financial institutions in the countryside (more…)
There’s a simple but powerful dynamic driving cyber risk for most financial services organizations today. The more you invest in digital infrastructure and tooling to drive sustainable growth, the more you may expose yourself to attack. According to experts, digital transformation during the pandemic pushed many organizations over a technology “tipping point” from which they will never return. In short, the future of finance is digital—from hybrid working to cloud-powered customer experiences, which created various challenges for security team.
This challenge is often articulated in terms of the digital attack surface—that is, the collection of applications, websites, cloud infrastructure, on-premises servers, operational technology (OT) and other elements which are often exposed to remote threat actors. The risks associated with attacks can be mitigated if financial institutions have visibility into all these assets, calculate their risk exposure accurately and then take steps to secure the attack surface. Yet, it can be said that many still struggle to do so.
BFSI Cybersecurity Summit is a roadshow event designed as a platform to explore the recent topics and innovation in cybersecurity across Southeast Asia, focusing on the Banking and Financial Services industry. In this event in the Philippines, we invite a panel of best-in-class cloud and cybersecurity thought leaders to discuss and debate the discuss, debate and sharing of the best practices of attack surface risk management with the focus on discover, prioritize, and mitigate the cyber-risk for banking industry.
The topics that we will be discussing in the event includes
Join BFSI Cybersecurity Summit 2022 Philippines now!
Wednesday, November 16th, 2022
1:30 PM to 5:30 PM
Fairmont Makati
10 October 2022 – Department of Human Settlements and Urban Development (DHSUD) Secretary Jose Acuzar announced that the government would provide ₱216 billion worth of interest subsidies for Filipinos who will be settlers of its six million housing project in the next six years during the Subdivision and Housing Developers Association’s (SHDA) 30th National Developers Convention on October 5, 2022, at the Grand Hyatt Manila in Taguig City. (more…)
[Manila, 28 JULY 2022] – Leading Southeast Asian esports and video game content ecosystem Nexplay and UnionDigital Bank, the digital bank entity of UnionBank, have signed an exclusive partnership that aims to offer more convenient digital financial services for Filipino gamers. (more…)
MANILA – We already know how easy it is to send money online—all it takes is a few taps on your phone and you’re done. Convenient and ideal, right? Yes, but only if you’re sending money to someone with the same bank account or e-wallet as yours or else you need to pay extra fees. That’s not very practical so we’ve got a solution for you. Did you know that ShopeePay, Shopee’s integrated mobile wallet, actually lets you send money to any bank, e-wallet or Shopee user for free? Yes, no hidden fees because we want to enable all Filipinos to fully enjoy the benefits of sending money online. (more…)
The Bangko Sentral ng Pilipinas (BSP) is urging the public to use all available security features for online transactions as part of efforts to protect consumers from fraudulent activities and strengthen cyber security. (more…)