Invest more in cybersecurity, firms urged

The growing threat of cybercrime should prompt firms to reassess their digital security measures, increase awareness among employees and raise capabilities to global standards, according to the head of an IT security solutions provider.

Exclusive Networks Philippines country manager Renato Garcia said that in the Philippines, the importance of securing citizens against cyber threats was strongly emphasized in the “National Cybersecurity Plan 2022”.

This five-year strategy from the Department of Information and Communications Technology (DICT) seeks to raise the country’s cybersecurity awareness and capabilities to global standards.

In crafting the plan, DICT recognizes the importance of protecting every single internet user and the Philippines’ critical information infrastructure (CII), government networks, small and medium enterprises (SMEs) and big businesses.

Last week, Exclusive Networks—which touts itself as a value-added security and technology company—announced new partnerships with Imperva and LogRhythm that were formed in response to the growing cybersecurity maturity of Asian markets.

The company also recently acquired Transition Systems Asia, a value-added distributor, as part of its expansion into Asia, including the Philippines.

By expanding its operations in Asia and the Philippines, in particular, Exclusive Networks is using its unique capabilities to enhance the region’s cybersecurity posture and foster its own transformative strategy through traditional distribution channels.

“Our expansion into Asia and the Philippines, is part of our overall strategy to be a global leader for various areas of information technology, including cybersecurity,” Garcia said. “We believe this presents an excellent opportunity for us to promote and establish our disruptive distribution strategy in new markets.”