Increase in cyber attacks; Philippines urged to rethink their strategies

Richmond Mercurio – The Filipino Star

November 29, 2021 | 00h00

MANILA, Philippines – The country is urged to rethink its cyber defense strategies, as cyber attacks are not expected to slow down anytime soon and are expected to increase further in the years to come.

Angel Redoble, chief information security officer for PLDT and Smart, said the number and size of data stolen every year is increasing, leading to greater financial losses.

“This despite the fact that our technology is getting smarter and more expensive. However, it is inversely proportional to the increase in the number of successful cyber attacks, so there must be something wrong somewhere, ”Redoble said in a virtual forum.

Redoble, who is also president and founding president of the Philippine Institute of Cyber ​​Security Professionals, said cyber defense is becoming more and more important every year, which is why the country needs to reconsider and create new strategies.

“This game of cyberattacks and cyber defense will continue to increase. The attacks will continue to improve and I don’t think they will decrease or slow down over the next five years or even the next 10 years, ”he said.

Redoble noted that defenders are not improving at the rate at which forwards are improving.

“What is very alarming about this scenario is that the defenders aren’t improving or we are improving, but we are not improving like the cyber attackers are improving,” he said.

“We used to say many years ago that hackers are always a step or two ahead of us, but now I think it’s more. I think it’s 10 or even a hundred. Defenders are always stuck with frames, stuck with standards, stuck with so many things like our vacations, our family time, while the enemies are not sleeping, ”said Redoble.

Telecom giants such as PLDT and Globe have stepped up their anti-spam and anti-scam capabilities through their respective cybersecurity teams, while constantly reminding the public to be extremely vigilant of suspicious text messages and news. cyber fraud methods.

They are also working with agencies such as the National Telecommunications Commission, the Ministry of Trade and Industry, and the National Privacy Commission to put an end to SMS phishing scams and other types. cyber attacks.

Scammers have taken advantage of the ongoing pandemic to engage in SMS phishing, specifically targeting job seekers who are desperate for earning opportunities.

PLDT and Smart urge mobile users to observe fraud prevention measures to protect against the risk of hoaxes.

“The first line of defense is awareness. Recognizing a scam and its warning signs helps users stay ahead of digital scammers. With the growing threat of cybercrime activity, it is very important that we remain paranoid about suspicious emails, links or text messages across all of our communication channels, ”said Redoble.

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