Tag: cybersecurity

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AI surge reshapes Philippines’ digital security landscape

Communications & Technology Context.ph Context.ph -
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

Communications & Technology Context.ph Context.ph -
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

Corporate Bulletins Context.ph Context.ph -
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

Banking & Insurance Context.ph Context.ph -
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

Banking & Insurance Context.ph Context.ph -
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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GoTyme ties up with PSA for National ID system link

Corporate Bulletins 0
GoTyme Bank has partnered with the Philippine Statistics Authority to become one of the first local banks to connect directly to the National ID Authentication Services. This integration lets customers open accounts in as fast as five minutes without scanning or uploading physical papers. Instead, they may use their PhilSys ID QR code, card number, or basic name and birth details for real-time, official checks. The move removes common hurdles that keep many Filipinos from accessing banking services, supporting the bank’s goal of easier, more inclusive finance for all.

YGC unit taps Lopez Group for Batangas-Laguna exploration project

Energy & Mining 0
Maibarara Geothermal Inc. (MGI) has signed a deal with Lopez Group affiliate ThermaPrime Drilling Corp. to carry out exploratory drilling across Batangas and Laguna from 2026 to 2027. Led by the Yuchengco group, MGI said the work will check untapped areas for possible new geothermal power facilities. The project will involve up to four wells drilled to depths of up to 3,000 meters, with operations set to begin in October this year and finish by May 2027. MGI currently runs a 32-megawatt geothermal plant in Batangas.

Aboitiz Power profit leaps 41% on higher energy prices, new clean energy assets

Corporate 0
Aboitiz Power Corporation reported a 41 percent increase in core net income for the first six months of 2026, reaching P18 billion compared to P12.8 billion recorded in the same period last year. The company shared these figures in a disclosure filed with the Philippine Stock Exchange on Wednesday.

Meralco first half net income rises 3.8% to P26.5 billion even as energy sales edge lower

Corporate 0
The Manila Electric Company, or Meralco, reported a 3.8 percent increase in its consolidated core net income for the first six months of 2026, reaching P26.5 billion from the P25.5 billion recorded in the same period last year. The company shared these figures at a briefing held on Wednesday, noting the growth came even as overall energy sales saw a slight decline.

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