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FPJ Panday Bayanihan Partylist first nominee Brian Poe Llamanzares has sounded the alarm over the Philippines’ seemingly low cybersecurity readiness despite ongoing efforts to bolster defenses.\u00a0<\/p>\n
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He cited stark statistics from recent reports, highlighting the country’s vulnerability to cyberattacks and the urgent need for increased investment and decisive action.<\/p>\n
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“While we’ve made some progress, the harsh reality is that we are still not ready,” Poe stated in a recent address.<\/p>\n
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“The statistics paint a sobering picture, revealing a significant gap between our aspirations and our actual capabilities,” he added.<\/p>\n
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Poe pointed to the 2024 Cybersecurity Readiness Index by Cisco, which reported that a mere 1% of Philippine organizations have sufficient readiness to withstand cybersecurity risks. The figure is significantly lower than the global average of 3%.<\/p>\n
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Adding to the urgency of the situation, Poe cited the 2024 State of Omnichannel Fraud Report by TransUnion, revealing that 8.3% of all digital transactions by consumers in the Philippines were suspected of being fraudulent in 2023. This alarming rate is a staggering 66% higher than the global digital fraud rate of 5%.<\/p>\n
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Further highlighting the gravity of the issue, Poe referenced the APAC State of Incident Response 2022 report by Kroll, which revealed that a staggering 75% of organizations in the Philippines experienced a cyber incident. The figure far exceeds the Asia-Pacific region average of 59%.<\/p>\n
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“These statistics are not just numbers on a page. They represent real-world consequences for individuals, businesses, and our national security,” Poe emphasized. <\/p>\n
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He pointed to the prevalence of scams and phishing attempts targeting Filipinos, with almost everyone owning a cellphone experiencing unsolicited calls and text messages from scammers. This reality has led to the Philippines being dubbed “Asia’s epicenter for online shopping scams” by Nikkei Asia.<\/p>\n
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“We cannot afford to be complacent. We need to redouble our efforts to strengthen our cybersecurity infrastructure, promote digital literacy, and enhance legal frameworks to deter cybercrime,” Poe urged.<\/p>\n
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“Cybersecurity is not just about protecting our data. It’s about protecting our democracy, our economy and our future,” Poe said.<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
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