BIZ BUZZ: PPP for cybersecurity
As the Philippines continues to deal with more hackers, cybersecurity firm Kaspersky called on the government to strengthen collaboration with the private sector to beef up the firewalls.
Adrian Hia, managing director for Asia Pacific at Kaspersky, said the public-private partnership (PPP) could focus on threat intelligence sharing in order to craft better responses against the hackers.
“Cybercriminals are constantly adapting, making cybersecurity a continuous effort,” Hia said.
According to Kaspersky, about 17.7 million threat incidents were traced in the Philippines last year, affecting 36.8 percent of its users.
A successful cyberattack can disrupt the operations of an enterprise, which can translate to potential financial losses.
“Businesses, government agencies, and individuals must remain proactive in strengthening their defenses,” Hia said.
