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Mar 16 2021 
Banks urged to boost guards vs cyber threats
BANKS MUST NOT let their guards down despite beefing up their cybersecurity measures as attacks get increasingly sophisticated, internet security firm Kaspersky said.
“They’ve (Philippine banks) tried to build up security operations but this is never enough because they (attackers) are always trying to catch up,” Kaspersky Southeast Asia General Manager Yeo Siang Tiong said in…
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Mar 16 2021 
Corporate tax-reform bill’s bicam version elates PEZA
AFTER having some reservations before, the Philippine Economic Zone Authority (PEZA) threw its support behind the corporate tax reform bill, which was recently approved by the bicameral conference.
PEZA Director General Charito B. Plaza said she was “happy” with the final version of the Corporate Recovery and Tax Incentives for Enterprise (CREATE) bill, supporting its passage…
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Mar 16 2021 
‘Financial sector most targeted by cybercriminals’
THE financial industry was among the most targeted segments by the cybercriminals in the past year in Southeast Asia, cybersecurity and anti-virus provider Kaspersky Lab said.
In a virtual event on Tuesday, the Russian company shared that banks are dealing with numerous cyber threats because of the potential financial gain through phishing tactics.
“The financial industry is…
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Mar 16 2021 
Alibaba-backed robo adviser Aqumon targets to tame China’s day traders
KELVIN Lei and Don Huang spent several months huddled in a corner of a Hong Kong university library, but they weren’t cramming for any exam. Back in 2015, the former DBS Bank Ltd. colleagues were looking to launch their robo-advisory startup and wanted to scrimp on office costs.
“We were in the library for nine months,”…
