Tag: cybersecurity

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AI surge reshapes Philippines’ digital security landscape

The Philippines’ rise as a digital economy standout is entering a new phase as artificial intelligence accelerates both innovation and cyber risk, pushing businesses to rethink how they protect data and develop talent.

Deepfakes likely to proliferate as May elections draw near—CICC

As the May 2025 midterm elections approach, the proliferation of deepfakes and cyberattacks is expected to escalate, posing a significant threat to democratic processes and national security.

Smart advocates for intra-industry collaboration in cybersecurity battle

Smart Communications, Inc. (Smart), at a recent telco forum hosted by the Anti-Red Tape Authority (ARTA), underscored the importance of collaboration within the telecommunications industry to combat the growing cybersecurity threats facing the Philippines. Lawyer Roy D. Ibay, Smart vice president and head of regulatory affairs, highlighted the critical need for real-time exchange of best practices and threat intelligence to protect consumers from malicious activities such as phishing attempts and scam links.

GSIS warns public to beware of online scams

In light of recent online banking theft attempts made against some of its members and pensioners, the Government Service Insurance System (GSIS) warns the...

E-money issuers have 1 year to comply with capital, liquidity threshold

Electronic money issuers (EMIs) are now required to comply with minimum capital and liquidity requirements amid the rising incidence of information technology-related risks and to better protect the interests of account holders, according to the Bangko Sentral ng Pilipinas (BSP).

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Araneta City expands renewable energy partnership with First Gen

Araneta City Inc., the developer behind the 35-hectare Araneta City complex in Cubao, Quezon City, has signed new agreements with leading renewable energy producer First Gen Group to power more of its properties with clean energy.

PAL partners with Rolls-Royce for new A350 engines and maintenance support

Philippine Airlines (PAL) has entered into a deal with Rolls-Royce to supply 18 units of Trent XWB-97 engines for nine additional Airbus A350-1000 aircraft, with provisions to cover up to five more planes should PAL exercise its existing purchase rights. Alongside the engine supply agreement, the two parties also signed a separate deal for Rolls-Royce’s TotalCare service, which will manage the full health monitoring and maintenance requirements of the expanded fleet.

GSIS boosts Megawide stake with share purchase

The Government Service Insurance System (GSIS) has emerged as one of Megawide Construction Corp.'s biggest local institutional investors after raising its stake to 9.5 percent, a move that signals growing confidence in the engineering firm's infrastructure pipeline and long-term growth prospects.

Philippine building permits fall for second straight month

Construction activity lost momentum in May as fewer projects secured permits, signaling a softer pipeline for the property and infrastructure sector despite resilient spending on residential developments.

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