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Mar 28 2025 Cyber losses hit P5.82 billion in 2024 — BSP
FINANCIAL INSTITUTIONS supervised by the Bangko Sentral ng Pilipinas (BSP) lost P5.82 billion from cyberattacks in 2024, up 2.6% from the previous year, according to an official.
“Technological innovation, while it may have plenty of positive results, also has its fair share of negative externalities (which) take shape in the form of cybersecurity risks,” BSP Deputy…
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Mar 28 2025 UK-Southeast Asia Tech Week 2025 in Manila
His Majesty’s Ambassador Laure Beaufils (second from right) and His Majesty’s Trade Commissioner Martin Kent (rightmost) sign a Strategic Partnership with Fintech Alliance Philippines, represented by Martha Borja and Lito Villanueva, to enhance UK-Philippines cooperation in the fintech sector, driving financial inclusion and technological advancement.
Under the theme “Bridging Boundaries, Building a Resilient, Innovative, and Inclusive…
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Mar 28 2025 UK tech firms eye Philippine collaborations
The United Kingdom (UK) government successfully hosted the UK-Southeast Asia Tech Week in Manila, a two-day event that brought together leaders from the UK and Philippine tech sectors.
The event aimed to drive innovation, collaboration, and investment under the theme “Bridging Boundaries, Building a Resilient, Innovative, and Inclusive Tech Ecosystem.” It showcased British cutting-edge technology and…
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Mar 28 2025 Strong data security a must for firms adopting open-source AI
PHILIPPINE COMPANIES looking to adopt open-source artificial intelligence (AI) solutions like DeepSeek must fortify their data handling policies and infrastructure, analysts said.
“DeepSeek AI’s emergence is expected to expand AI accessibility for Philippine businesses by offering cost-effective and localized capabilities, which could accelerate AI adoption across industries,” Matthew Hardman, chief technology officer for Asia-Pacific at Hitachi…