The opportunities from digital innovations were accelerated by the COVID-19 pandemic as limitations on mobility prompted citizens to accelerate migration to digital spaces. In the Philippines, these changes are evident in the growth of digital payment systems, online meeting platforms, electronic health services, online retail, direct delivery services, and many others.
However, with increasing connectivity comes increasing cyber threats.
That’s why efficient solutions and infrastructure are essential in combating cyber threats and ensuring business survival.
Individually, Filipinos are susceptible to data breaches and privacy violations online. On a societal level, cyberattacks by state or non-state actors on critical infrastructure can undermine national security and impact economic activity.
While cyber threats originate online, their consequences can manifest beyond the digital space into our physical lives. These kinds of attacks also have direct economic costs. In fact, firms spend more to repair infrastructure damaged by ransomware attacks. A 2018 study by Frost & Sullivan found that potential economic loss in the Philippines due to cyberattacks can reach USD 3.5 billion or 1.1% of the total Philippine GDP.
Thus, Cybersphere Philippines 2023, held on September 5-6, 2023, at Shangri-La The Fort, was a huge success attended by private and government stakeholders. It was organized by APAC EXPO Pte Ltd with the full endorsement and support of the Department of Information and Communications Technology (DICT), PNP Anti-Cybercrime Group, Cybercrime Investigation and Coordinating Center (CICC), PNP Information Technology Management Service, National Bureau of Investigation (NBI), and the Tourism Promotion Board (TPB).
Among many others, the 2-day conference provided a focused platform for the ICT, international cybersecurity, and cloud solution vendors, experts, and thought leaders to meet, share experiences and views, and explore rapidly growing opportunities with decision-makers and stakeholders in the Philippines, all under the overarching theme, Towards a Resilient ICT Nation.
“The Philippines is at the beginning of the path to build a robust national ICT infrastructure with good cybersecurity resilience and embark on large-scale cloud technologies adoption. The market potential is enormous and the rapid development of these areas of the ICT market is inevitable. That’s why we at APAC EXPO Pte Ltd are here to collaborate and share our know-how,” said Managing Director Andrew Mariott.
“We are happy to note that decision-makers from DICT and related IT agencies plus IT security personnel from the private sector have also congregated at the conference to explore the latest technologies to build their required ICT infrastructures,” he added.
During the opening of the program, the DICT, together with ScamWatch Philippines, the telcos, and several government agencies, yesterday launched the National Scam Watch Movement for a multilayered approach to combat cyber scams in the country.
The two-day program focused on three major tracks on Cybersecurity, e-governance, and ICT Infrastructure and Connectivity discussed by industry leaders and experts. Each track is composed of sub-topics which were further discussed through a panel discussion at the end of each session. Further, attendees met Cybersecurity enthusiasts from around the world and heard firsthand the latest security and ICT trends and innovations.
Participating sponsors/booths include ECQ and ZERO FOX.
For more information, visit www.cybersphere.ph
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