Thirty percent of security breaches online are ransomware events – Kaspersky
Ahead of International Anti-Ransomware Day on Friday, May 12, software security experts at Kaspersky reveal a concerning trend in which ransomware attacks account for every third cyber incident in 2023.
Ayala Land 1Q net income rises 39%
Property developer Ayala Land Inc. on Wednesday reported net income of P6.29 billion in the first three months this year, 39 percent more than previous year’s P4.51 billion, mainly the result of consumer activity and high demand on its properties.
SM Group reports 6% rise in 1Q net income to P18.4 billion
SM Investments Corp., the holding firm of the Sy family, reported net income growing 6 percent to P18.4 billion in the first three months this year from only P17.3 billion last year, as group retail income fell on moderated spending by consumers.
Alternergy board green lights P4-billion loan bid from undisclosed lenders
The board of directors at Alternergy Holdings Corp. has approved its bid to secure up to P4 billion worth of loans from lenders to support the construction of the company’s new renewable power projects this year.
ACEN Corp. 1Q net income rises 34% to P2.7 billion
ACEN Corp. on Wednesday reported a 34 percent jump in consolidated net income in the first quarter this year to P2.7 billion versus last year's P2 billion, driven higher by the 49 percent surge in the company's renewable energy output.
