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Fortinet Threat Research Finds Cybercriminals Are Exploiting New Industry Vulnerabilities 43% Faster than 1H 2023.

Fortinet, the global cybersecurity leader driving the convergence of networking and security, announced the release of the FortiGuard Labs 2H 2023 Global Threat Landscape Report. The latest semi-annual report is a snapshot of the active threat landscape and highlights trends from July to December of 2023, including analysis on the speed with which cyber attackers are capitalizing on newly identified exploits from across the cybersecurity industry and the rise of targeted ransomware and wiper activity against the industrial and OT sector. Key findings from the second half of 2023 include: Attacks started on average 4.76 days after new exploits were publicly disclosed: Like the 1H 2023 Global Threat Landscape Report, FortiGuard Labs sought to determine how long it takes for a vulnerability to move from initial release to exploitation, whether vulnerabilities with a high Exploit Prediction Scoring System (EPSS) score get exploited faster, and whether it could predict the average time-

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Synology Highlights Modern Data Management Approaches to Propel Digital Transformation at the Digital Transformation Summit PH

In the dynamic realm of digital transformation, safeguarding business data is paramount and the cornerstone of constructive digital transformation processes. Synology showcases innovative data storage solutions covering data management, business productivity, and data protection at the Digital Transformation Summit in the Philippines. Trusted by over 150,000 enterprises worldwide, Synology aims to help businesses expand the value and scope of their data by providing reliable and secure business solutions to help build strong foundations for digital transformation efforts. Thachawan C., Regional Sales Manager of Synology, emphasized,“By harnessing the power of data management, organizations can uncover actionable insights and optimize operations, thereby accelerating their digital transformation initiatives." Next-generation storage solutions for the transformative journey ahead As organizations embrace transformative technologies in any phases of their business processes, having a r

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Exploring the Future of PH Cybersecurity: Kaspersky Shares Insights on NCSP

As the digital landscape in the Philippines continues to evolve at a rapid pace, the importance of strong cybersecurity measures has never been more imperative. With the recent issuance of the National Cybersecurity Plan 2023-2028 (NCSP), it shows that the country is taking extra measures to protect Filipinos from cybercrimes. NCSP seeks to build a resilient and secure digital ecosystem in the Philippines through collaboration, capacity building, and strategic initiatives aimed at fighting cyber threats. In light of its issuance, industry leaders and stakeholders, including cybersecurity experts like Kaspersky, offer valuable insights into the implications of the NCSP and its potential impact on the future of cybersecurity in the Philippines. Genie Sugene Gan, Director of Government Affairs & Public Policy for Asia-Pacific, Japan, Middle East, Türkiye and Africa Regions at Kaspersky, emphasized that the issuance of the NCSP is a crucial step by the Philippine government in safeguard

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Lenovo Announces LISSA: New AI-powered Capability That Helps Businesses Reduce IT Footprint

A new Lenovo AI-powered sustainability engine empowers businesses to help make more data-driven and sustainable IT buying decisions. Lenovo’s Intelligent Sustainability Solutions Advisor (LISSA) gives customers actionable sustainability insights to understand their estimated emissions impact across their IT lifecycle and deploy customized solutions that align with their sustainability goals. Through Generative AI, LISSA offers visibility into the estimated carbon emissions associated with various Lenovo sustainability solutions such as TruScale Device as a Service (DaaS), Asset Recovery, packaging efficiencies, lower-carbon shipping options, lifecycle extensions, certified refurbishment, and more. Additionally, LISSA helps to simulate multiple solution pathways and identify potential emissions reduction opportunities to support the customer’s IT decarbonization goals in the digital workplace. In a recent survey, 87% of executives indicated they believe AI enables the potential to addr

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Fortinet Reaffirms Its Commitment to Secure Product Development Processes and Responsible Vulnerability Disclosure Policies

Fortinet, the global cybersecurity leader driving the convergence of networking and security, announced it is building on the company’s long-standing commitment to responsible radical transparency as an early signer of the Secure by Design pledge developed by the Cybersecurity and Infrastructure Security Agency (CISA). This voluntary industry pledge complements and builds on existing Fortinet software security best practices, including those developed by CISA, NIST, other federal agencies, and international and industry partners. The pledge outlines seven goals, including responsible vulnerability disclosure policies, which are already an integral part of Fortinet’s product security development. Advancing Fortinet’s Commitment to Secure by Design Principles and Responsible Disclosure Processes CISA’s latest initiative strongly aligns to Fortinet’s existing product development processes already based on Secure by Design and Secure by Default principles. Fortinet is committed to adherin

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Yondu Bolsters Cloud Offerings with Alibaba Cloud Partnership

IT solutions provider Yondu advances its mission to enhance cloudcapabilities in the country with the announcement of its Partnership with Alibaba Cloud in the Philippines during a signing ceremony held at the Yondu Headquarters. The collaboration between Yondu and Alibaba Cloud in the Philippines marks a significant step for Yondu as it expands its multi-cloud service offerings across the country. The event was attended by Joan Peñaflorida, President and CEO of Yondu, and Joy Go, Chief Technology Officer of Yondu, alongside Allen Guo, General Manager for the Philippines at Alibaba Cloud Intelligence, and Grant Gong, Head of Solution Architect at Alibaba Cloud Intelligence, Philippines. The ceremony was followed by a series of Tech Immersions, covering topics such as Alibaba Cloud Solutions and Best Practices Overview, The Landing Zone: Creating Best Practices in IT Governance, and Cloud Native and Mobile App Suite. These sessions aimed to equip Yondu’s team with the latest insights

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Cebuana Lhuillier Partners with NBI to Strengthen Fight Against Financial Fraud

In recognition of the growing importance of cybersecurity and the need to combat online fraud, Cebuana Lhuillier is proud to announce a strategic partnership with the National Bureau of Investigation (NBI). This collaboration underscores Cebuana Lhuillier’s commitment to safeguarding the integrity of financial services and protecting customers from cyber threats and fraudulent activities in the digital landscape. Together with the NBI, we enhance cybersecurity measures, leverage advanced technologies, and strengthen investigative efforts to ensure a safe and secure online environment for all stakeholders. This partnership reflects a proactive approach to addressing evolving cyber risks and underscores Cebuana Lhuillier’s dedication to maintaining trust and security in its digital operations. This collaboration between Cebuana Lhuillier and the National Bureau of Investigation (NBI) involves a comprehensive data-sharing agreement aimed at enhancing information exchange and analytics ca

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Epson Philippines' 'Trash to Treasure' Encourages Responsible Consumption and Proper Waste Management for a Greener Future

Epson Philippines successfully concluded the pilot batch of its "Trash to Treasure" program, showcasing the company's dedication to sustainability and community engagement. The initiative highlights Epson's ongoing commitment to environmental stewardship and its efforts to enrich the communities where it operates. First launched in 2023, Epson Philippines’ "Trash to Treasure" encourages employees to participate by donating specific types of clean plastic waste, including plastic bottles, egg containers, shampoo bottles, toothpaste tubes, courier pouches, food containers, cutlery, straws, potato chip bags, milk jugs, cooking oil containers, and shopping bags. At the end of the year, Epson Philippines collected a total of 162 kilograms of clean plastic, which were then donated to Pasig City's Environmental Resources and Waste Management Office (CENRO) and upcycled by CENRO's partner organizations into vases, chairs, and other items. Participation in the program is straightforward and

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Medica and MedEthix, First Local Pharma Companies to Win Prestigious Healthcare Awards in Singapore

The Philippines’ major pharmaceutical importers and distributors, I.E. Medica, Inc. and MedEthix Incorporated, were recently awarded three (3) major healthcare awards at the Healthcare Asia Pharma Awards 2024 at Marina Bay Sands, Singapore. The pharmaceutical companies received the Supply Chain Initiative of the Year, Hospital Partnership of the Year, and the Most Differentiated Service of the Year awards. This marks the first time for native Philippine pharmaceutical brands to have won in these categories. The brands are active proponents in the importation, registration, and supply of healthcare products in the Philippines. I.E. Medica and MedEthix executives, Monaliza Balnig Salian, co-founder, president, and CEO, and Ma. Victoria P. Sugapong, COO, accepted the awards on behalf of the pharma group. In her acceptance speech, Monaliza B. Salian said, “The Philippine pharmaceutical industry is heavily dependent on importation; thus, we continuously look for ways to improve our suppl

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New AI-Driven Threats Amplify Cloud Cybersecurity Challenges

As organizations develop and deploy more cloud applications, security becomes more complicated. Many organizations are adopting a hybrid or multi-cloud approach, which has expanded the attack surface and increased complexity. Security teams often struggle to manage and secure their various private and public cloud workloads and environments. And even though multi-cloud adoption has many benefits, dealing with multiple tools adds management complexity, making it difficult or impossible to apply consistent security policies across all cloud environments. Worse, the level of security complexity often grows over time as organizations continue to add cloud services, leading to even more management challenges and costs. The 2024 Cloud Security Report was conducted by Cybersecurity Insiders and sponsored by Fortinet to gain insights into the challenges organizations face in protecting their cloud environments and the strategies they prioritize. The report is based on a comprehensive survey o

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