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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AWS eyes up to $5B Philippine cloud investment

Amazon Web Services (AWS) is exploring the establishment of an AWS Region in the Philippines, a project that could bring up to USD5 billion in investments over the next 15 years and significantly strengthen the country's digital infrastructure and technology ecosystem.

DOST opens Ilocos yarn hub, targets 5,000 text jobs

The Department of Science and Technology (DOST) has launched the Ilocos Region's first Regional Yarn Production and Innovation Center (RYPIC), a move aimed at strengthening the domestic textile industry and creating up to 5,000 jobs across the country's fiber-to-fashion value chain.

Philippines makes WIPO debut, leads in software investment growth 

The Philippines has become the first Southeast Asian economy to be featured in the World Intellectual Property Organization's (WIPO) Intangible Investment Highlights 2026, underscoring the country's growing shift toward an innovation-driven economy built on technology, software, brands, data, and intellectual property.

GOCC dividends hit P140B, bolstering state coffers

Government-owned and -controlled corporations (GOCCs) have remitted P140 billion in dividends to the National Government so far this year, with 15 state-run firms each contributing at least P1 billion, highlighting their growing role as a major source of non-tax revenues that help fund public services and infrastructure.

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