05/16/2021 01:40:45 PM
As digital money transactions soaring high during this ongoing pandemic period, the financial sectors need to take a critical look at their integrated security and improve their threat intelligence capabilities.
Cybersecurity company Kaspersky told the statement in their recent press release.
“For the large majority of cybercriminals, easy money is the prime motivator. And the financial sector is uniquely positioned to be a target of attacks regardless of season because it’s always where the money is. The growth of digital financial services in the Philippines, like in other parts of the region, is creating new and heightened risks for both service users and service providers. In this case, technology will be the game-changer,” said Yeo Siang Tiong, General Manager for Southeast Asia, Kaspersky.