BMI: Cybersecurity threats rise with digitalization push

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RECENT efforts of the Philippine government to push for greater digitalization is expected to lead to greater use of electronic commerce and information communication technology services, according to an international think tank.

Tangonan said based on their estimate, the glitch affected 0.002 percent of all fraudulent transfers reported to the BSP as of 2023.

At a time of widespread digital insecurity it turns out that the oldest and simplest computer fix there is — turning a device off then back on again — can thwart hackers from stealing information from smartphones.

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Article Details

Author / Journalist: Cai U. Ordinario

Category: BusinessStartups

Markets: Philippines

Topics: Threats Percent Services Payments Digital Growth Financial Tangonan Transactions Government Cybersecurity

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-21 @ 21:07:54 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 761 words

Reading Time: 5 minutes read

Sentences: 28 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 23744931

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About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 64 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 18 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

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