An illustration shows a scammer in hoodie working on a computer. Image by Dannie Agacer
At the 15th Media Seminar by the United States Embassy Manila, titled ‘Building Blocks: The US-Philippine Partnership for a Prosperous and a Cyber-secure Digital Economy’, it was revealed that the number of skilled cybersecurity professionals in the Philippines is insufficient to counter the huge volume of cyberattacks it faces.
But three out of four companies in the Philippines experience cyberthreats, said Carlos Ely Tingson, senior vice president at cyber risk advisor Kroll.Critical Infra Threatened Citing the 2021 PSEI financial report, the cost of cyber attacks made on all CIIs can go up to P6.15 billion in revenue losses, she said.
Source: Tech Daily Report (techdailyreport.net)
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