Connect with us

TECHNOLOGY

Majority of business execs in SEA anticipate data theft, APT, ransomware attacks  

August 3, 2022 8:04 p.m.

With the many news reports highlighting the damages of cyberattacks against businesses and countries as a whole, Kaspersky’s fresh study revealed the heightened awareness of business executives in Southeast Asia (SEA) about the sophisticated risks online.

Data theft, alongside Advanced Persistent Threat (APT) attacks and ransomware infections, are the highest on their list of concerns.

The study titled “How business executives perceive ransomware threat” surveyed a total of 900 senior non-IT management (such as CEOs, VP, and Director level) and business owners or partners at companies with 50—1000 employees. Conducted last April, the study was done globally with 100 executives from SEA.

When asked to assess the possibility of different types of cybersecurity incidents, data theft, also known as data breach, is the threat that the respondents from SEA are most concerned about (77%).

This does not come as a surprise as news about data breaches across the region were being reported almost regularly with wide victimology from e-commerce companies, digital services provider, hotel chains, insurance and health companies, and even government agencies.

Data theft – the illegal transfer or storage of personal, confidential, or financial information – is closely followed by an APT attack (75%), and a ransomware attack (73%).

An APT attack uses continuous, clandestine, and sophisticated hacking techniques to gain access to a system and remain inside for a prolonged period of time, with potentially destructive consequences.

Because of the level of effort needed to carry out such an attack, APTs are usually leveled at high-value targets, such as nation states and large corporations, with the ultimate goal of stealing information over a long period of time.

Ransomware, as the name suggests, is malicious software designed to block access to a computer system or encrypt its data until a sum of money (a ransom) is paid.

These attacks have been carried out on individuals or corporations.

The anticipation for these three damaging attacks is higher among SEA-based business leaders as compared to the global average by more or less double-digit margins.

However, the same study revealed that while the majority of the respondents anticipate a ransomware attack, almost 7 in every 10 (65%) of them believe that “the possibility of my organization being exposed to a ransomware attack is too small to worry about”.

A majority (81%) of the surveyed non-IT executives in SEA also trust that the security measures they have in place are enough to protect them from a ransomware attempt.

“At first glance, it is good to see that the business executives here are confident about their security posture to defend their organizations against damaging online attacks such as ransomware. We should, however, be careful about not letting confidence breed complacency because the reality is a ransomware attack is not something too small for enterprises to be worried about,” comments Yeo Siang Tiong, General Manager for Southeast Asia at Kaspersky.

“Even though 72% of our respondents from SEA believe that ransomware attacks are being shown as a bigger threat than they actually are by the media, this type of threat is actually evolving and is transforming into a bigger menace that our security systems and IT staffs should be ready for,” adds Yeo.

Since 2020, Kaspersky experts have been warning about “Ransomware 2.0”. Almost always a “targeted ransomware”, Ransomware 2.0 refers to cybercriminal groups who moved from hostaging data to exfiltrating data coupled with blackmailing.

The aftermaths of a successful attack include significant monetary loss and damaging reputation loss.

This type of attack goes beyond kidnapping a company’s or an organization’s data. These groups are utilizing the increasingly valued digital reputation to force their prey to pay a hefty ransom.

As of 2020, at least 61 entities from the region were breached by targeted ransomware groups including companies from light industry – including the manufacturing of clothes, shoes, furniture, consumer electronics and home appliances; public service, media and Technology, heavy industry – including oil, mining, shipbuilding, steel, chemicals, machinery manufacturing; finance, and logistics.

The infamous ransomware groups Kaspersky experts closely monitor include REvil, LockBit, Conti, and more.

To help organizations protect their systems from ransomware and other sophisticated attacks, Kaspersky experts recommend the following:

  • Always keep up-to-date copies of your files so you can replace them in case they are lost (e.g. due to malware or a broken device). These should be stored not only on a physical device but also in cloud storage for greater reliability. Make sure you can quickly access your backups in the event of an emergency.
  • Keep your OS and software patched and up to date.
  • Train all employees on cybersecurity best practices while they work remotely. 
  • Only use secure technologies for remote connection.
  • Carry out a security assessment on your network.
  • Enterprise companies are recommended to use anti-APT and EDR solutions, enabling capabilities for advanced threat discovery and detection, investigation and timely remediation of incidents, as well as to have access to the latest threat intelligence. An MDR provider could help to effectively hunt any advanced ransomware attack. All of the above is available within Kaspersky Expert Security.
  • Follow the latest trends via premium threat intelligence subscriptions, like Kaspersky APT Intelligence Service.
  • Know your enemy: identify new undetected malware on premises with Kaspersky Threat Attribution Engine.
  • If you become a victim, never pay the ransom. It won’t guarantee you get your data back but will encourage criminals to continue their business. Instead, report the incident to your local law enforcement agency. Try to find a decryptor on the internet – you can find some of these available at nomoreransom.org.
  • Never follow the demands of the criminals. Do not fight alone – contact Law Enforcement, CERT, security vendors like Kaspersky.  

For companies looking to improve the expertise of their in-house digital forensics and incident response teams, as well as for IT security practitioners looking to upgrade relevant skills, Kaspersky has also expanded its online expert training portfolio

The Windows Incident Response training was developed by experts from the company’s Global Emergency Response Team (GERT) with more than 12 years’ experience in the field. 

The self-guided training course includes 40 video lessons and 100 hours of virtual lab time for hands-on learning. The estimated training duration is 15 hours, but participants will have six months of access to the platform to finish the traini

More information about the Windows Incident Response course is available via this link.

Continue Reading
Advertisement

Click to comment

Leave a Reply

Your email address will not be published.

TECHNOLOGY

Pre-order vivo V50 Lite until April 25 to enjoy exclusive perks

1:30 p.m. April 18, 2025

There’s a new must-have phone in town and it’s Maine Mendoza-approved. Meet the all-new vivo V50 Lite with features that are perfect for go-getters, creatives, and trendsetters.

Whether you’re a heavy user or someone who’s always on the go like Maine, the massive 6500mAh BlueVolt battery will keep you powered all day. And when it’s finally time to recharge, vivo’s 90W FlashCharge ensures you’re back to full power in a flash. It’s no wonder this is Maine’s latest favorite!

But the vivo V50 Lite isn’t just about battery life. It’s built to impress from the inside out.

What makes the vivo V50 Lite a game-changer?

  • SGS Five-Star Drop Resistance – Engineered for durability so you can stay worry-free even during accidental drops.
  • IP65 Dust and Water Resistance – Ready for unpredictable weather and everyday mishaps.
  • 60-Month Smooth Experience – Enjoy reliable performance that lasts for five years.
  • AI SuperLink – Stay connected even in weak signal areas with this smart, always-on connectivity solution.
  • 50MP Sony IMX882 Camera with Aura Light – Capture vibrant, clear, and well-lit photos even in low light.
  • 120Hz Ultra Vision AMOLED Display – See and scroll with incredible clarity and smoothness.
  • Dual Stereo Speakers with up to 400% Volume – Experience rich, immersive audio whether you’re watching or listening.

Choose the right vibe for you

The vivo V50 Lite comes in three powerful variants to match your lifestyle:

  • 8GB RAM + 256GB ROM (4G) – Php 13,999
  • 8GB RAM + 256GB ROM (5G) – Php 16,999
  • 12GB RAM + 512GB ROM (5G) – Php 19,999

Until April 25, vivo fans who pre-order the V50 Lite will enjoy exclusive perks:

  • Php 1,000 Off
  • Limited Edition vivo Buds
  • vivo VIP Card with 5-year battery warranty and 6 months extended warranty

Visit any vivo store nationwide and secure your vivo V50 Lite today. Don’t miss out as this is your chance to own the phone that’s not only smart and stylish, but also Maine Mendoza’s top pick for 2025.

The vivo V50 Lite: power meets beauty. Pre-order yours now!

Continue Reading

TECHNOLOGY

Samsung unveils epic screens for the ultimate gaming experience

5:19 p.m. April 8, 2025

As the Philippine gaming community continues expanding rapidly, the urge for top-tier gaming displays has never been greater. Samsung stands at the forefront, unlocking a new phase of gaming for Filipinos through its Odyssey lineup that is set to take users beyond reality.

Samsung’s gaming monitors deliver unparalleled speed, precision, and immersion from the revolutionary glasses-free Odyssey 3D to the ultrawide Odyssey G9 and the industry-first 4K, 240Hz OLED G8

A New Dimension in Gaming with the Odyssey 3D

The 27-inch Odyssey 3D (G90XF model) monitor introduces a next-level 3D experience, without the need for special glasses. By combining advanced eye-tracking with a lenticular lens, it delivers vibrant, lifelike 3D visuals through Samsung’s Reality Hub app. 

Samsung has collaborated with top developers like Nexon (The First Berserker: Khazan) and Neowiz (Lies of P, Overture DLC) to ensure seamless 3D optimization. The built-in AI-powered 3D conversion enhances both gaming and video content, supported by a 165Hz refresh rate and 1ms Gray-to-Gray (GtG) response time for fluid, responsive performance on its 4K screen. AMD FreeSync™ Premium and NVIDIA G-SYNC compatibility eliminate choppiness and lag, even during fast-paced action.

For deeper immersion, Edge Lighting adapts to in-game visuals, illuminating the gaming space with synchronized ambient colors that amplify the 3D visuals and bring game environments to life. 

Stunning OLED Brilliance with the Odyssey OLED G8

Available in 27” and 32”, the Odyssey OLED G8 sets a new standard for gaming displays. It features the industry’s highest pixel density for a 27” display, paired with the world’s first 4K resolution monitor with 240Hz refresh rate, delivering unmatched fluidity and responsiveness. 

Its quantum dot technology and VESA DisplayHDR™ TrueBlack 400 ensure vivid colors and deep contrasts. Built for long-term durability, it features dynamic Cooling Safety and Samsung OLED Safeguard+ to prevent burn-in and ensure prolonged performance. 

Other standout features include AI image upscaling, customizable Core Lighting+, and a sleek metal design, making this monitor as stylish as it is functional. Glare-free technology, certified by Underwriters Laboratories (UL), reduces screen reflections, while the AI processor optimizes lower-resolution content for the full 4K experience.

Expanding Horizons with the Odyssey G9

With its expansive 49” Dual QHD curved display and Picture-in-Picture features, the Odyssey G9 (G91F model) is ideal for immersive gameplay and multitasking. The HDR10+ GAMING supports optimized brightness and color range for a dynamic picture. A 144Hz refresh rate and AMD FreeSync Premium Pro guarantee smooth, vibrant gameplay. The Odyssey G9 also streamlines gaming access with Auto Source Switch+, automatically detecting connected devices and displaying them as soon as they are powered on, making gaming setups more effortless.

Unleash Victory with your Next Phase of Gaming

The advanced features and seamless connectivity ensure Filipino gamers stay ahead in the rapidly evolving gaming landscape. Each movement is presented with accuracy, giving players a clear competitive advantage, because when it comes to gaming, second best is never an option.

Pre-order Samsung’s Odyssey monitors until April 19, 2025 and enjoy exclusive discounts and perks. Early bird customers receive PHP 3,000 worth of e-vouchers, along with special deals such as up to Php 27,600 on the 32” Odyssey OLED G8,  Php 19,800 off on the 49” Odyssey G9, and Php 45,850 off on the 27” Odyssey 3D. Elevate your gaming setup and seize the victory you’ve been striving for.

To know more about Samsung’s latest gaming technology, visit https://www.samsung.com/ph/monitors/odyssey-gaming-monitor/.

Continue Reading

TECHNOLOGY

DigiPlus bags 7 wins at 2025 Asia-Pacific Stevie Awards

3:56 p.m. April 4, 2025

DigiPlus Interactive Corp. (DigiPlus), the pioneer in digital sports and entertainment in the Philippines and the company behind leading gaming brands such as BingoPlus, ArenaPlus, and GameZone, won seven honors –  including five coveted gold awards – at the 2025 Asia-Pacific Stevie Awards. 

This milestone places DigiPlus among the most awarded companies in the region this year, spotlighting its strategic growth and transformative impact across digital entertainment, social development, and investor relations. 

The Asia-Pacific Stevie Awards are the only business awards program that recognizes innovation across all 29 markets in the region. Widely regarded as the world’s premier business awards, the Stevie Awards represent a prestigious recognition of business excellence. 

DigiPlus bagged five Gold Stevies for ‘Innovative Achievement in Growth’, ‘Innovation in Investor Relations’, ‘Excellence in Social Impact Companies’, ‘Innovation in Annual Reports’, and ‘Innovation in Corporate Websites’. The company also clinched Silver and Bronze Stevies for ‘Achievement in Product Innovation’ and ‘Innovation in Brand Renovation’ respectively. 

At the core of these wins is DigiPlus’ commitment to innovation and digital transformation. From redefining the player experience through localized and immersive content, to launching a refreshed brand identity that resonates with a more connected and tech-savvy user base, DigiPlus has embraced a future-forward mindset. The company’s calculated investments in big data, cutting-edge technologies, and stakeholder engagement have not only fueled business growth, but also opened inclusive pathways to digital participation through its social development arm, BingoPlus Foundation. 

“This momentous victory at the Asia-Pacific Stevie Awards affirms DigiPlus’ emergence as a true powerhouse of innovation and progress, reshaping industry boundaries and redefining digital consumer engagement on a global scale,” said DigiPlus Chairman Eusebio Tanco. “Through consistent growth and business performance, DigiPlus reaffirms its unwavering commitment to creating long-term value.”

Winning entries in the Asia-Pacific Stevie Awards undergo a rigorous, multi-layered evaluation by an esteemed panel of judges composed of business and industry leaders across the region. “The 12th Asia-Pacific Stevie Awards received an impressive array of outstanding entries,” said Maggie Miller, President of the Stevie Awards. “This year’s winners have clearly shown their dedication to innovation, and we commend their resilience and imaginative efforts.”

Continue Reading