BUILDING THE PHILIPPINES’ CYBER FUTURE WITH DIGITAL TRUST

The Philippines is struck by a multifaceted cybersecurity situation that demands immediate attention. While the country’s private sector organisations are frequently oozing over $1 million to recover from the cyber-attacks, the public sector is working round-the-clock towards upgrading the network security standards.

Year 2023 raised a loud alarm as the threat actors didn’t even spare the nation’s reputed establishments like Philippine National Police (PNP), National Bureau of Investigation (NBI), Bureau of Internal Revenue (BIR), and Special Action Force (SAF). Owing to a negative Cyber Risk Index (CRI) of -0.06 and added vulnerability caused by geopolitical tensions, the Philippines is now heavily focusing on institutionalizing Information Security Governance and Risk Management approaches.

This entire gamut of developments in the digital realm has opened a wide rift for cybersecurity companies to make an entry, thrive and become a leader in the market which is still in its nascent stage.

Get a direct access to this market at Philippines’ most iconic cybersecurity event, PhilSec on 2-3 July 2024 in Manila that will host 800+ cybersecurity experts including the Heads of Information Security, Risk, Compliance, Forensics and Cyber Law from the leading public and private enterprises across the country.