ManageEngine targets 30% YOY growth in Southeast Asia over the next 5 years, the Philippines being a key driver

ManageEngine regional director for Asia-Pacific Arun Kumar

MANILA, Philippines — Aug. 3, 2023 — ManageEngine, the enterprise information technology (IT) management division of Zoho Corporation, today announced its commitment to achieving a target of 30% year-over-year (YOY) growth through strategic investments in the Southeast Asia region over the next five years. The company aims to capitalize on the region’s potential as a hyper-growth market and build upon its already established customer base of over 5,000 organizations in the region. (more…)

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…)

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…)

Coins.ph advances cybersecurity advocacy and financial innovation in recent engagements

L to R: Atty. Richard Martin A. De Leon - Attorney IV of CICC, Renz Garcia - Coins.ph Public Affairs, Hon. Alexander Ramos - CICC Executive Director, Jen Bilango - Coins.ph Country Manager, Robert De Guzman - Coins.ph Head of Legal & GRC

Manila, July 13, 2023Coins.ph, the leading digital wallet and cryptocurrency exchange platform in the country, has been actively engaging key government and industry stakeholders to drive financial inclusion, strengthen customer security and advance the adoption of innovative technologies. Here are the highlights from their recent engagements this month: (more…)

Globe Telecom taps traceable to boost API security

Globe Telecom

Traceable AI, the industry’s leading API security company, announced that it has been selected from amongst multiple API Security vendors by Globe, to strengthen its API security capabilities. Only recently, selected providers in the global telecommunications industry have reported large scale data breaches as a direct result of exposed APIs. This partnership showcases the value of cybersecurity in an important but vulnerable field. (more…)