Over 70% of businesses pay more than $100,000 for additional training annually to keep skills of their cybersecurity employees up to date, a recent Kaspersky study has revealed. However, the surveyed companies also highlighted that there was a lack of relevant courses covering new challenging spheres in the educational market,...
As the holiday season approaches, the urge to unwind and kick back is natural. And it’s all too common for people to let their guard down completely when connecting to the Internet too– but shouldn’t. Recently, the Philippine National Police (PNP) Anti-Cybercrime Group shared their findings on identity theft cases...
Manila, Philippines, March 22, 2024. Caltex, marketed by Chevron Philippines Inc. (CPI), closed 2023 with numerous milestones which includes opening several Caltex service stations and branded workshops across the country and sealing successful institutional partnerships. Caltex continued to expand its network in the Philippines in 2023 with 37 new service...
Kaspersky has assisted an INTERPOL-coordinated action, which has led to Brazilian authorities arresting five administrators behind a Grandoreiro banking trojan operation. According to conservative estimates, the banking trojan operators are believed to have defrauded victims of more than 3.5 million euros (more than PHP 214 million). Grandoreiro is a Brazil-originated...
An important step in the company’s goal to transform its entire parcel pickup and delivery fleet to all electric, zero-tailpipe emission vehicles by 2040 Metro Manila, Philippines– FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and one of the world’s largest express transportation companies, has set a record for...
The latest Kaspersky survey found that 48% of companies require over half a year to find a qualified cybersecurity professional. A lack of proven experience was cited as one of the biggest challenges, along with the high cost of hiring and global competition in talent acquisition. With global labor markets...
In 2023, Kaspersky anti-phishing technologies detected nearly 500,000 attempts to follow a phishing link on businesses’ devices in Southeast Asia (SEA). Interestingly, this number only refers to phishing links related to finance matters – e-commerce, banking, and payment systems. Phishing persuades users to take action which gives a scammer access...
Vulnerabilities in a popular smart toy robot could make children potential targets for cybercriminals, Kaspersky researchers have discovered. The weaknesses could enable hackers to take control of the toy’s system and misuse it to secretly communicate with kids through video chat without parental consent. The risks associated with the robot...
The Center for International Trade Missions and Expositions (CITEM) has been a primary proponent for the country’s SMEs as major players in the export industry. As the Department of Trade and Industry’s (DTI) lead promotions arm for export, CITEM continues to develop its platform for...
In 2023, Kaspersky observed a steady increase in the number of attacks on mobile devices, reaching almost 33.8 million attacks, marking a 50% increase from the previous year’s figures. The most prevalent threat to mobile devices was adware, constituting 40.8% of all threats detected. As the international mobile industry leaders...
MOD Factory Mar 08, 2024 With the Philippine e-commerce market poised to soar to $24 billion by 2025, the sector is ripe with opportunities, boasting an impressive annual growth rate of 17%. This growth opens doors for aspiring entrepreneurs eager to carve out their space in the e-commerce domain. Yet,...
A recent Kaspersky study has revealed that nearly 2 in every 3 (61% and 64%) companies in Asia Pacific (APAC) have implemented Artificial Intelligence (AI) and Internet of Things (IoT) in their businesses’ infrastructures. Additionally, 28% and 26% are planning to adopt Artificial Intelligence (AI) and Internet of Things (IoT)...
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