Globe to offer AI-ready cybersecurity

Globe Telecom has teamed up with a Singapore-based firm to equip Philippine businesses with artificial intelligence-powered cybersecurity amid rising threats to local firms.

The group’s enterprise arm Globe Business inked a deal with Blackpanda. The intention is to provide “fixed-cost” incident response, vulnerability and dark web scanning and automated access to cyber insurance.

According to the telecom giant, cybercrimes continue to threaten and prey on vulnerable businesses. Data show that 85 percent of local firms experienced AI-related attacks while 84 percent had recorded supply chain breaches over the recent months.

Based on a regional overview, the number of cyber incidents in Southeast Asia climbed 29 percent last year. This, as ransomware and phishing activities continued to spread.

While this was the case, Globe said that many businesses lacked the ability to respond quickly.

Incident response services are also “costly,” with hourly rates of up to $500 or retainers starting at P1.5 million to P6 million.

The expenses make them “financially unfeasible for many organizations,” Globe said.

“Cyber threats continue to challenge businesses of every size, and AI is amplifying both their frequency and sophistication,” KD Dizon, head of Globe Business, said in a statement Tuesday.

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“Through our partnership with Blackpanda, immediate and expert incident response, once prohibitively expensive, is now accessible,” Dizon said. “By leveraging our ICT ecosystem, we provide organizations with a practical and affordable way to stay secure, remain prepared, and build lasting customer trust.”

Blackpanda has operations in Singapore, Tokyo, Hong Kong and Manila. It offers 24/7 breach containment, investigation and recovery across key Asia-Pacific markets.

“By delivering always-on access to expert response and extending into full-service incident response and cyber insurance for enterprises, we’re setting a new standard for how cyber solutions should work after an attack,” said Gene Yu, chief executive officer of Blackpanda.