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Globe reports steep 73.7% decline in blocked bank-related spam, scam SMS in 2023

The telecommunications company Globe has reported a significant 73.7% decrease in the number of blocked spam and scam SMS related to banks in 2023. This reduction is a result of the interception of 21.9 million bank-related fraudulent messages, a sharp decline from the 83.39 million messages blocked the previous year. Globe attributes this achievement to its proactive strategies and strong partnerships with major banks and financial institutions in the Philippines. The company has established anti-fraud alliances with the Bankers Association of the Philippines and individual players in the finance sector, enabling the sharing of data and intelligence to prevent and investigate fraud effectively. Anton Bonifacio, Chief Information Security Officer at Globe, emphasized the company's commitment to combating financial fraud and enhancing security measures for customer protection. Globe has invested approximately US$20 million to improve its spam and scam SMS detection and blocking system and operates a 24/7 Security Operations Center to filter out unwanted messages from both international and domestic sources. Despite certain limitations, Globe remains dedicated to customer protection and emphasizes the need for a unified approach in the fight against fraud. The company is focused on leveraging technology and strengthening alliances with key stakeholders to combat fraudulent activities. As Globe continues to advance its technologies and collaborations, it aims to provide a safer and more secure digital environment for its customers. For more information about Globe and its initiatives, visit www.globe.com.ph. (SPONSORED CONTENT).....»»

Category: newsSource:  sunstarRelated NewsFeb 4th, 2024

Marcos issues EO adopting 5-year national cybersecurity plan

To strengthen the security and resilience of the country’s cyberspace, President Marcos has issued an order adopting the five-year National Cybersecurity Plan of the Department of Information and Communications Technology......»»

Category: sportsSource:  abscbnRelated NewsApr 6th, 2024

Marcos issues EO adopting 5-year national cybersecurity plan

To strengthen the security and resilience of the country’s cyberspace, President Marcos has issued an order adopting the five-year National Cybersecurity Plan of the Department of Information and Communications Technology......»»

Category: sportsSource:  abscbnRelated NewsApr 6th, 2024

President Marcos wants Army to bolster cybersecurity capabilities

Amid “emerging threats” to the country’s stability and sovereignty, President Marcos has called on the Philippine Army to bolster its cybersecurity capabilities and keep up with rapid technological advancements......»»

Category: newsSource:  philstarRelated NewsMar 22nd, 2024

National Cybersecurity Plan seen as vital defense for digital economy

A consumer advocacy group has lauded the President’s approval of the National Cybersecurity Plan 2024-2029 amid the rising incidence of cyber attacks targeting the government and private sector......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

Canada extends helping hand to Philippines in tackling cybersecurity

The Canadian government has expressed willingness to help the Philippines address cybersecurity threats, its top diplomat to the country said......»»

Category: newsSource:  philstarRelated NewsJan 19th, 2024

British Chamber highlights cybersecurity industry in boosting UK-PH trade

The British Chamber of Commerce Philippines Executive Director/Trustee Chris Nelson, together with the Department for Business and Trade Philippines Country Director James Thackery discussed the bilateral economic opportunities between the UK and the Philippines, citing significant sectors including cybersecurity, infrastructure, renewable energy, agriculture, among others. .....»»

Category: financeSource:  philstarRelated NewsApr 15th, 2024

Companies State it Takes More Than 6 Months to Fill Cybersecurity Positions

The latest Kaspersky survey found that 48% of companies require over half a year to find a qualified cybersecurity professional. A lack of proven experience was cited as one of the biggest challenges, along with the high cost of hiring and global competition in talent acquisition. With global labor markets continuing to clamor for InfoSec […].....»»

Category: newsSource:  metrocebuRelated NewsMar 27th, 2024

AI in education: Strengthening cybersecurity in K-12 schools, colleges

AI in education: Strengthening cybersecurity in K-12 schools, colleges.....»»

Category: newsSource:  sunstarRelated NewsMar 2nd, 2024

Philippines cybersecurity capability upgraded

The Cybercrime Investigation and Coordinating Center (CICC) is upgrading its cybersecurity defense and investigative capabilities......»»

Category: newsSource:  philstarRelated NewsFeb 29th, 2024

Study reveals shortage of cybersecurity professionals

Study reveals shortage of cybersecurity professionals.....»»

Category: newsSource:  sunstarRelated NewsFeb 29th, 2024

Kaspersky Predicts Key Cybersecurity Threats Targeting Children in 2024

With most children able to access or own a smartphone or tablet, the age at which they begin their acquaintance with the digital world and technology keeps decreasing. Therefore, it’s crucial for parents to stay informed about the latest cybersecurity threats targeting kids to better protect them from potential harm. In this post, Kaspersky experts explore […].....»»

Category: newsSource:  metrocebuRelated NewsJan 25th, 2024

Strengthening cybersecurity: Unleashing the potential of collective effort, shared values

Earlier this week, the Stratbase Institute held the first major cybersecurity event of the year in partnership with the Embassy of Canada in the Philippines......»»

Category: newsSource:  philstarRelated NewsJan 20th, 2024

First major cybersecurity conference opens next week

Top government officials, cyber experts and stakeholders are coming together for the first major cybersecurity event of 2024, organized by international think tank Stratbase Institute......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

Kaspersky Report: 1 in 3 Filipinos Face Threats from USBs, Removable Devices

Global cybersecurity company Kaspersky is urging Filipinos to be wary of careless plugging of USBs into their computers unless they have been scanned following the release of data that 36.80% of users in the Philippines were attacked by local threats from January to December 2023. Local threats are malware spread through removable media such as […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 27th, 2024

Roxas and Company finalizing plans to monetize vast landbank of farmland

Roxas and Company clarified a report by BIlyonaryo that it could use some of its massive agricultural landbank in a tie-up with Manny Pangilinan’s SP New Energy......»»

Category: financeSource:  philstarRelated NewsMar 14th, 2024

Capital One to Acquire Discover for $35 Billion in Merger of Major US Credit Card Companies

Capital One Financial has announced plans to purchase Discover Financial Services in a landmark deal valued at $35 billion. The acquisition, which will be an.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 20th, 2024

Philippines rises 23 spots in World Happiness Report

The Philippines rose 23 spots to land 53rd in the in the 2024 World Happiness Report. The Philippines was 76th in the World Happiness Report in 2023 and 60th in the 2022 report. The country also ranks as the 2nd happiest country in Southeast Asia, next to Singapore, which placed 30th. READ MORE: What makes Cebuano.....»»

Category: newsSource:  inquirerRelated NewsMar 21st, 2024

Pinoy children unable to report online sex abuse – report

Fifty-five percent of children surveyed in the Philippines did not know how to report harmful content on social media, a report on online child sexual exploitation and abuse revealed......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024

Citicore Energy REIT doesn’t deny report of potential 30% stake sale

Citicore Energy REIT responded to a Biz Buzz article that claimed a “blue chip conglomerate” (BCC) was in negotiations to acquire “a little less than 30%” of CREIT in a deal that would be completed “in the coming days or weeks”......»»

Category: financeSource:  philstarRelated NewsMar 21st, 2024