Tag: cybersecurity

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.

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 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.

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

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).