February 21, 2024

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Email attacks considered top 2019 threat in the Philippines

Email attacks are seen as the top threat in 2019 as attackers have become more diverse and sophisticated in their methods, according to a cybersecurity provider.

As reported, the top threat that businesses should watch out for next year, particularly in the Philippines, are attacks done through e-mails.

Through this, cybercriminals can steal company and personal information.

The Country Manager of Palo Alto Networks explained that attacks coming from emails, when opened, are actually phishing sites.

The phishing site will then harness valid credentials, which will then be used by the attacker in order to steal money or private information.

Because of this, companies should always be critical of emails they receive and be able to assess their current cybersecurity state.

The firm also noted that as operations become more connected with each other, threat risks are also becoming more and more unavoidable.

Using the manufacturing sector as an example, it was explained that operations in this industry are moving into the application of IT in the process of exchange or in the movement of goods.

Each element in the chain is a risk and the more complex the chain becomes; the higher is the risk of attacks.

The provider observes that 2019 will see many countries taking their first steps towards protecting their people’s data, with firms already moving to formalise their data protection frameworks.

In the Philippines, the Data Privacy Act of 2012 is already being implemented to protect all kinds of information.

Plus, it covers both natural and juridical persons involved in the processing of personal information.

Cloud services usage is also seen to flourish, thereby giving rise to new threats. It was noted that local businesses have increasingly been using the technology in their operations.

In some ways, this can be viewed as lagging in terms of how businesses have taken up cloud services in the country, and in some ways seen as a bad thing.

However, there is a positive side to it since the businesses can learn from the mistakes that other businesses, which used the technology before them, have made.

Critical infrastructure, which now includes the banking and financial services as well as telecommunications and the media, is becoming more digital and automated.

This makes them easy targets for cybercriminals. Especially so for the energy, water, and public transport sectors that usually rely on legacy and un-patchable systems.

Security technology is starting to move away from being seen as merely point solutions but as something a little bit more holistic.

It is something that really impacts the life of everyone on a daily basis from a consumer side and in terms of how business is ran and managed.

It is an actual vital part of business these days with so much being done through smartphones. The ability of people to touch IT is much greater now than it was before.

Thus, businesses need to be conscious about how they manage their security into the future.

The country’s move towards digital transformation should always be accompanied by the transformation of security.

The benefits of digital transformation will be at risk if they are not protected.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

PARTNER

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

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