Fintech Philippines Association’s Post

In the digital-first era, cybersecurity in Southeast Asia is more than a buzzword—it's a steadfast commitment for businesses evolving in cyberspace. 🌐💻 The recently uncovered trend shows that majority of the region's firms view cybersecurity as a investment, focused on shielding their digital growth from cyber threats【29†source】. Here's why they are doubling down on IT safety: - The surge in digital tool adoption and business application modernization opens floodgates to new attack vectors. - Modernized infrastructure, while propelling businesses forward, also magnifies risks. - Enterprises are actively seeking robust partnerships with security experts for strategic and operational defense. This underscores a crucial narrative: As businesses sprint towards digital innovation, fortifying the cybersecurity framework is not just mandatory—it's survival. Emphasis on IT security has become emblematic of a forward-thinking, resilience-oriented organization. So, here's to building a fortified digital realm where innovation thrives protected—like a citadel in the cyber terrain!🔒🛡️ #Cybersecurity #DigitalInnovation #ITSecurity #SoutheastAsia

What is the biggest challenge facing the IT services industry? We have witnessed first-hand the rapid evolution and growth of our field. However, with this growth comes new challenges that we must navigate in order to stay ahead of the game. So, what is the biggest challenge facing the IT services industry? In our opinion, it's the constant need to adapt and innovate in a fast-paced environment. Technology is constantly evolving and with it, the demands and expectations of our clients. As IT professionals, it is crucial for us to stay updated and continuously learn new skills in order to meet these demands and provide the best services to our clients. This requires a proactive mindset and a willingness to embrace change.⭐️ Moreover, the competition in the IT services industry is fierce. With new companies and startups emerging every day, it is important for established businesses to stay relevant and differentiate themselves from the competition. This means constantly improving our services, investing in new technologies, and staying ahead of industry trends.🚀 Another challenge we face is cybersecurity. With the rise of cyber threats and data breaches, IT service providers must have a strong focus on security and data protection. This not only ensures the safety of our client's sensitive information but also builds trust and credibility in our services. 🤝 #ITChallenges #TechIndustry #ITServices #TechIssues #ITProblems #IndustryChallenges #ITFuture #TechTrends #ITInnovation #DigitalTransformation #ITSecurity #ITManagement #TechSupport #ITGrowth #TechSolutions

Cybersecurity isn't just a buzzword; it's an everyday battle against invisible opponents aiming to infiltrate and compromise our digital lives. As the world hurtles towards a digital-first era, Southeast Asian businesses are acutely aware that the chain is only as strong as the weakest link. Here's a nugget of wisdom for all aspiring cyber guardians: 🔐 Invest in cybersecurity, not as an afterthought, but as a cornerstone of your digital strategy. This isn't merely about setting up firewalls. It's about creating a culture of awareness, with regular vulnerability testing and robust data protection systems. 🌏 Embrace collaboration. Whether it's through public-private partnerships or cross-sector alliances, sharing cybersecurity intelligence is crucial. By harnessing collective knowledge, we can outmaneuver threats and enhance our digital sovereignty. 💡 Innovate locally. As cybersecurity spending is set to soar, there's an opportunity for local players to grow and meet the burgeoning need for secure digital infrastructures. Remember, the greatest opportunities often lie within the challenges. 💼 Join the league of cyber-savvies! Your proactive stance today will determine the security of our digital frontiers tomorrow. Let's safeguard our cyber realm with vigilance and visionary action. #CyberSecurityAwareness #DigitalTransformation #CollaborativeStrength

The increase in cyber-attacks in recent years can be attributed to three main causes: failure to update software, flaws in some systems, and human naivety. Unfortunately, cyber security is often viewed as a non-essential cost rather than a critical investment. This perception is further compounded by a shortage of skilled cybersecurity professionals. To tackle these challenges, it is crucial to promote a culture of cybersecurity that highlights the tangible benefits of investing in such an essential measure in our digital world. Such a culture will also attract new talent to specialized cybersecurity training courses. The need for experts who can build secure devices from the outset, develop robust software, and handle emergencies is greater than ever. A good starting point is to stay current with the evolution of the cybersecurity industry. To get started, you can download a free report published on DeltalogiX that provides an in-depth analysis of the challenges, benefits, and strategies needed to protect valuable business data. Download the free report > https://lnkd.in/dfvEFuHH DeltalogiX is an emerging startup dedicated to deciphering the intricate dynamics that drive Digital Business Transformation. In this ambitious venture, I'm involved as an advisor. #CyberSecurity #CISO #CyberResilience #CyberCrime #strategy

🌐 Key Findings from Akamai's Asia-Pacific Financial Cybersecurity Survey: 📊 Threat Landscape: 36% surge in cyber attacks on financial services in Q2 2022 to Q2 2023. 🌐 Top Concerns: Data theft, API security, and rising DDoS attacks. 🛡️ Recommendations: Emphasize collaboration, innovation, and adaptability; adopt Zero Trust architecture. 🔒 Regulatory Landscape: Fragmented; institutions urged to build resilient cybersecurity programs. #Cybersecurity #Finance #AsiaPacific #AkamaiSurvey https://lnkd.in/djkGDGRj

To counter the issues of Data Silos in Legacy Systems, companies should consider integrating their systems and promoting a culture of open data access within the organization. Adopting platforms that facilitate interoperability between different databases and applications can help break down silos, ensuring a holistic and up-to-date view of data, improving operational efficiency, and strengthening cybersecurity. Smooth and controlled access to data allows for a quicker and more effective response to potential threats, reducing the risks of exposing sensitive data. Investing in advanced technologies and training staff on optimal security practices becomes essential to protect the company's digital assets. If you want to learn more about this topic, I recommend you read the report "Cyber Resilience in Modern Times" published on DeltalogiX. Download the free report > https://lnkd.in/dfvEFuHH DeltalogiX is an emerging startup dedicated to deciphering the intricate dynamics that drive Digital Business Transformation. In this ambitious venture, I'm involved as an advisor. #CyberSecurity #CISO #CyberResilience #CyberCrime

The European Commission has incorporated the newly established CYSSME collaboration into its Digital Europe funding programme. CYSSME has been granted a three-year mandate and a substantial subsidy package to aid in enhancing the cybersecurity of European SMEs. CYSSME stands for Cybersecurity and Data Protection for Small, Medium and Micro Enterprises. The CYSSME partners believe that Europe possesses all the technology required to optimally protect SMEs, but there is a lack of awareness and personalised support for these enterprises. In recent years, the number of SMEs affected has doubled annually. Research and development are fully established in Europe: there is ample indigenous technology available. We still need to work on getting these technologies adopted. A one-size-fits-all approach to cyber resilience doesn’t work, and self-assessment by SMEs doesn’t always result in accurate and expert security. We need a more targeted approach with a personalised strategy for each company. https://lnkd.in/eJ-sbsxx Supported by CYSSME-partners Carine Moitier, Paul Roevens, Jan Guldentops, Dan Verbruggen, Luca Gattobigio, Wim Stoffelen, Han Veldwijk, Alex Ongena, Ryan Heartfield, Rohan Karat, Ulrich Seldeslachts, Dries Plasman 🤙, Jimmy Pommerenke, Phil Edelin, Egidija Versinskiene, Tristan Van Poucke, Wim Barthier, Richard Chisnall, Thomas Stubbings, Thomas Hofstätter and many others. Our partners are UNIZO, Cross-Border Commerce Europe, LSEC - Leaders In Security, Lithuanian Cybercrime Center of Excellence for Training, Research & Education, AXS Guard, Lupasafe, Toreon, @BA, NoCode-X, Exalens, Ceeyu.io, @cyber-trust.au. Thanks to the European Commission Digital Europe Program and the European CyberSecurity Competence Centre @cybersec-eccc and the @european-commission

https://lnkd.in/dvmEfCe4 April Friday 26th 10 – 11am UK Cybersecurity and Workplace Innovation Halvor Holtskog, Norwegian University of Science and Technology  Organisations experienced a 435% increase in ransomware in 2022, and the World Economic Forum’s cybersecurity report states that 95% of cyber incidents can be traced back to human errors. So how can organisations prepare themselves for cyberattacks, and what does a people-centred approach to cyber-resilience look like? Norwegian University of Science and Technology (NTNU) leads the national center for research-driven innovation in cyber security for critical sectors. The goal is to make Norway the most secure country in the world. Knowing that 95% of all security breaches are caused by human actions, organizational and innovation studies are important for the center. The talk will ask how a security breach will influence workplace innovation, and how to learn what to do in a critical situation. To illustrate this, the talk will concentrate on a real breach in a multinational company, giving the story more depth and a better understanding of the organisational mechanisms in play.

The increase in cyber-attacks in recent years can be attributed to three main causes: failure to update software, flaws in some systems, and human naivety. Unfortunately, cyber security is often viewed as a non-essential cost rather than a critical investment. This perception is further compounded by a shortage of skilled cybersecurity professionals. To tackle these challenges, it is crucial to promote a culture of cybersecurity that highlights the tangible benefits of investing in such an essential measure in our digital world. Such a culture will also attract new talent to specialized cybersecurity training courses. The need for experts who can build secure devices from the outset, develop robust software, and handle emergencies is greater than ever. A good starting point is to stay current with the evolution of the cybersecurity industry. To get started, you can download a free report published on DeltalogiX that provides an in-depth analysis of the challenges, benefits, and strategies needed to protect valuable business data. Download the free report > https://lnkd.in/dfvEFuHH DeltalogiX is an emerging startup dedicated to deciphering the intricate dynamics that drive Digital Business Transformation. In this ambitious venture, I'm involved as an advisor. #CyberSecurity #CISO #CyberResilience #CyberCrime #strategy

The World Economic Forum's Global Cybersecurity Outlook 2024 report reveals a worrying trend of cyber inequity. Cyber-resilient organisations are becoming rarer, especially among small and medium enterprises (SMEs). Large organisations have made impressive progress in cyber resilience, but SMEs have fallen behind. This puts them at greater risk of failing to meet their critical operational requirements. Read More: https://lnkd.in/ekPkysaR #microsoftcopilot #MicrosoftSecurity #SecOps #MicrosoftDefender