Artificial intelligence is rapidly emerging as a major cybersecurity challenge for Philippine enterprises, with experts warning that organizations must overhaul traditional defenses as cybercriminals increasingly deploy AI-driven attacks.
A new global study by Cisco has revealed that only 12 percent of organizations in the Philippines are fully prepared to scale and extract value from artificial intelligence (AI), exposing a significant gap between AI ambition and operational readiness in the country.
Manulife on Friday acknowledged that over 75 percent of its global workforce is now actively engaged with generative AI (GenAI) tools, including ChatMFC, its proprietary AI assistant introduced in 2024.
The country’s resource officials have teamed up with the Philippine Space Agency (PhilSA) to produce an inventory of resources that will serve as basis for a policy framework down the line.
Alternergy Holdings Corp. announced Thursday that its 128-megawatt wind facility in Tanay, Rizal, has generated electricity for the first time and fed it into the Luzon grid. The project is the first wind farm from the Department of Energy’s second Green Energy Auction to begin supplying power.
The Department of Environment and Natural Resources gathered over 200 representatives from government, finance groups, civil society, diplomatic bodies, and community forestry organizations in an investment forum held Thursday. The event aims to grow inclusive investments and strengthen cooperation for sustainable forest management.
The Philippine Electricity Market Corp. (PEMC) and the Philippine Energy Research and Policy Institute (PERPI) have signed a three-year agreement to work together on studies aimed at making the country’s electricity market run better. The deal establishes a formal partnership for research, policy guidance and information sharing.
Amid more complex and linked online risks, the Bank of the Philippine Islands (BPI) has urged all sectors to work together to boost defenses against digital fraud. The call was made during its CyberProtect Conference held July 30 at Fairmont Makati with the theme “Defend as One: Building a United Front Towards Consumer Protection.”