Talk

More groundwork needed in tackling cyber threats in PH

Companies in Philippines do not address nearly half of the legitimate cyber threat alerts they receive, according to Cisco 2018 Asia Pacific Security Capabilities Benchmark Study. Among those surveyed, 42 percent say they receive more than 5000 alerts each day. While companies in Philippines rank the lowest in Southeast Asia among those receiving more than 5,000 alerts per day, the real challenge lies in what comes after the alert is received, and how many are actually investigated. The study shows that on average just 50 percent of the alerts received are investigated by companies in Philippines. Of those investigated, on average, only 30 percent turn out to be legitimate, of which only 51 percent are acted upon and corrected. This suggests that more work is needed to help companies and security professionals in Philippines to tackle the rapidly evolving cyber threat landscape. The results of the study highlight the scale of the challenge faced by the companies, with 79 percent of

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Fortinet discusses DX impact on enterprise security

While digital transformation is having a significant impact on technology—from data-driven decision-making to cloud adoption, mobility, and the explosion in Internet-of-Things (IoT)—it goes beyond just deploying new solutions. Organizations must also re-examine established business models and processes to drive innovation and better business outcomes. It’s the combined application of digital technologies and data processes to re-imagine the business for new growth that is key. This is no easy task. Effective transformation requires a collaborative effort across departments involving partners, customers, and other stakeholders. Digital transformation imperatives increase the workload of already strained IT teams struggling to keep pace with business needs, security challenges, and compliance requirements. The integration of business systems, information technology, and operational technology that enables data-driven decision-making also poses new security challenges because these newly

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UnionBank aids DX push with Integrated Operations Center

Union Bank of the Philippines (UnionBank) is going full speed in its digital transformation with its Integrated Operations Center (IOC), which is designed to supervise overall operations of the bank, and translate this into maximized revenues and better customer experience. The IOC, the first-of-its-kind in the country, is a collaborative facility that houses the Security Operations Center and Business Intelligence Center of the bank. Using the latest technologies such as artificial intelligence and deep learning, the IOC operates 24/7 and addresses issues on security, business operations as well as customer activation and engagement. UnionBank likens the competition in the banking industry to a Formula 1 race whereby the F1 drivers need to have a system that allows close monitoring of the many critical components of the race car. Similarly, communication among UnionBank’s business drivers is key in order to provide significant and immediate information to the business units and in t

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Seagate security forum aims to create safer cities

System integrators, partner resellers, and members of the local blogging community gathered at the Seagate Security Forum event which was held at Fairmont Hotel in Makati City last September. Spearheaded by Seagate, the forum aimed to gain a better understanding and educate guests on the new technologies for safety. Facilitated by multimedia personality James Deakin, the said event hosted a panel discussion where attendees learned from industry experts on some of safe city best practices which can be implemented on communities, financial services, hotels, and resorts. Panelists included personalities from the Department of the Interior and Local Government (DILG), Metro Manila Development Authority (MMDA), Bangko Sentral ng Pilipinas (BSP), and Accommodation Establishments Security and Safety Coordinating Council Inc. (AESSCCI). The Security Forum also featured an exhibition area where Seagate highlighted its storage solutions, primarily the SkyHawk lineup. Featuring ample storage ca

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PayPal empowers freelance communities in PH

The gig economy is fast becoming an influential part of the Filipino workforce, anchored by a rising millennial population, the development of digital platforms, and the evolution of business models. According to the PayPal Global Freelancer Study, nine of ten freelancers in the Philippines are under 40 years old, giving the segment a strong millennial slant. “Millennials will occupy the majority of the global workforce in three years. They are the on-the-go generation, with highly differentiated preferences when it comes to work. They like working from home and value autonomy. That’s why freelancing comes so naturally to them,” said Nagesh Devata, General Manager for PayPal Southeast Asia Cross-Border Trade, during the G-Economy Media Summit on Wednesday. The event sought to identify insights from the country’s growing freelancer economy, which comprised 1.5 million Filipinos. It was highlighted by a panel discussion, featuring industry movers Luarni Sim (MessyMaru), Shahab Shabibi

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HP unveils holistic PC and print solutions for SMBs

HP recently revealed its new services, PC, and print solutions targeted toward small and medium businesses (SMBs), addressing the needs of the working Pinoy. The new solutions unveiled include the HP EliteBook x360, HP ENVY x360, HP Z2 Mini G3 Workstation, HP LaserJet Multifunction Printer, HP Ink Advantage Printer, and the HP Ink Tank 415 Printer.  “As work and play become intertwined, working Pinoys from SMBs need to seamlessly switch between their personal and work personas while still making the most of their busy day,” says Pallasena Viswanath, HP Philippines Managing Director. “Our innovation will help them align to the digital transformation needs of business with their personal lives while working and playing anytime, anywhere.” HP's new PC solutions HP’s diverse range of consumer and commercial devices offer secure and powerful performance for optimal productivity wherever you may be in the world. The HP EliteBook x360 is the world’s thinnest and most secure business conve

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Durex unsheaths 'Always Come Prepared' campaign in PH

Globally, the incidence of new transmissions of the Human Immunodeficiency Virus (HIV) has slowed down. In the Philippines, however, official data from the Joint United Nations Programme on HIV/AIDS (UNAIDS) show that there has been a 174% increase in HIV cases since 2010. “There is an urgent and pressing need to curb the infection. While the rest of the world has decreasing rates, we are going the opposite way. This is something that is very alarming,” said Karol Canlas, Brand Manager of Durex Philippines. With its rising HIV numbers, the Philippines is of special interest to Durex. The world’s leading condom brand launched its Always Come Prepared campaign that amplifies the message of protecting one’s self from the threat of HIV and other sexually-transmitted diseases (STDs). The campaign, which uses a quirky visual of a toy soldier using a condom as a parachute, wants to bring the conversation of the HIV threat into a more understandable level and easy to digest way for the general

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Trend Micro boosts presence, stages security summit in PH

Trend Micro Incorporated is beefing up its presence in the Philippines in the corporate and consumer segments. It also continues its important role as a source of employment in the country. Ian Felipe, Philippine country manager of Trend Micro, said he is bullish on the performance of the company because of the warm response of the market as manifested by the five-fold rise of its sales force over the past five years. “This is an indicator on how we plan to continuously expand and develop the local market and help organizations in the cybersecurity front,” Felipe said. “At the same time, Trend Micro is continuously investing in talent. We have boosted our recruitment efforts, and this has grown more than 40% over the five-year period.” Moreover, the company reported substantial growth in sales in the Asia Pacific region covering Australia, the Middle East, and Southeast Asia driven by the huge demand in network security related business including cloud-related business. Net sales

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XCALE e-commerce summit happening on September 29

XCALE Group, the collaborative partnership of topnotch e-commerce gurus and pioneers, announces the staging of the XCALE: Asia e-Commerce Summit 2018 event titled Tapping Into the Trillion Dollar e-Commerce Industry. Speakers from various e-commerce industries will share their expertise at the said event happening at the SMX Convention Center on September 29, 2018. XCALE: Asia e-Commerce Summit 2018 is a celebration of e-commerce which aims to elevate the businesses of attending participants. At least 1,000 participants are expected to attend. Confirmed partner-speakers and co-presenters include Alibaba, Lazada, Payoneer, OneOkada, ShineOn, ViralStyle, and many other entities from the e-commerce arena. The event was also made possible, thanks to the partnership with BDI, Inc., Franeta Mall, VendoRent, Leapreneur, Fulfillmen, Ximex, and Solidworks. Other event sponsors include 2GO, Unionbank, and SnippetMedia. Tickets are now available for purchase priced at regular PhP 3,000, bundled

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UnionBank, Grab empower partner-drivers via EON

UnionBank, through EON, recently joined forces with Grab Philippines, to provide Grab Peers with EON Grab cards. Through the partnership, Grab Peers will get their incentives on their EON Grab cards, withdraw from any ATM here and abroad, and pay for purchases at VISA-accepting stores. "EON continues to be co-created by the e-gig community which includes online freelancers, online sellers, and now, the Grab Peers. It's a privilege to partner with Grab to showcase the world-class capabilities of EON's neo banking platform," said Paolo Baltao, Senior Vice President, EON Banking Group Head. With the help of the EON app, Grab Peers will get to enjoy the convenience of sending money, paying bills, and buying load and prepaid credits for AutoSweep and EasyTrip RFID through their smartphones and other compatible mobile devices. The use of UnionBank's EON card also ensures that Grab Peers' money is safe. With the capability to lock his EON card by using the app, a Grab Peer can make sure th

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