PHILIPPINE Businesses are starting to see a major shift into digital-centric operations, with this trend being more of a necessity rather than a preference. The rapid development of the cyber landscape has made connecting to one another virtually seamless. However, this brings its own set of hurdles, mainly in the area of Cybersecurity.
In the past year, cybersecurity breaches have remained a prevalent issue, ranging from identity theft, online banking accounts being hacked, and even breaches of government websites. Notably, the Philippines ranked fifth among all Asian countries in terms of the highest number of reported data breaches spanning from 2004 to 2023.
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