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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.

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TECHNOLOGY

HONOR is launching world’s thinnest foldable phone in PH 

January 6, 2024 1:00 a.m.

Leading smart devices provider HONOR Philippines has yet again teased its fans with what seemed to be the launch of its much-anticipated foldable smartphone of the year.

It was just recently that the tech giant released its newest viral smartphone HONOR X9b 5G. While its reign is far from over, HONOR Philippines is highly excited to introduce the world’s thinnest foldable smartphone in the market. 

“HONOR fans asked for it and now, we’re finally bringing it! This is by far the most anticipated launch we have and we are very proud of it. What we’re unveiling in the coming weeks is the world’s thinnest foldable smartphone to date so tech enthusiasts and alike really have to watch for it,” said HONOR Phlippines Vice President Stephen Cheng. 

As seen on its social media pages, HONOR Philippines hinted the launch of its first foldable smartphone in the Philippines. More updates will be shared in the coming days that HONOR fans should definitely monitor very closely! 

For more information and announcements, you may visit HONOR’s website www.hihonor.com or social media platforms: Facebook (Facebook.com/HonorPhilippines), Instagram (Instagram.com/honorph/) and TikTok Shop: (Tiktok.com/@honorphilippines). To check out HONOR’s complete list of retail stores, go to https://www.hihonor.com/ph/retailers/

In the meantime, check out HONOR’s wide array of mobile phones, tablets, and laptops at any HONOR Experience and Partner Stores nationwide or online via Shopee (https://bit.ly/HONORPHShopee), Lazada (https://bit.ly/HONORPHLaz) and TikTok Shop (https://bit.ly/HONORTikTokShop). 

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TECHNOLOGY

LG’s commitment to innovation recognized with numerous awards at CES 2024

January 29, 2024 6:35 p.m.

LG Continues Long-Standing History of Honors at World’s Preeminent Consumer Technology Show With More Than 200 Awards & Accolades

At this year’s CES®, LG Electronics (LG) was honored with more than 200 awards and recognitions for a wide range of innovations and technologies across the home appliance, home entertainment and B2B categories.

The LG SIGNATURE OLED T – the world’s first 4K wireless transparent TV – led the way with countless honors as the Best TV or Best in Show from a wide range of press outlets.

With LG’s reputation as the global leader in OLED technology – the company continues to assert its dominance at CES, taking home the industry’s top awards and honors for its latest OLED TV lineup including the aforementioned LG SIGNATURE OLED T and the LG OLED evo M4, G4 and C4 TVs. Utilizing the wireless technology introduced in last year’s M3 TV, LG’s 77-inch LG SIGNATURE OLED T is considered the next step in the evolution of OLED TV technology and was honored by major tech publications including CNET, Digital Trends, TechRadar, Tom’s Guide, Forbes, The Verge, Wirecutter, PCMag and Mashable.

The LG OLED evo series featuring a new 144Hz refresh rate and LG’s Alpha 11 AI processor was also applauded by CNETTechRadar ProPCGamer and BGR. Additionally, Digital Trends highlighted the LG UltraGear OLED gaming monitor 32GS95UE in its lineup of best monitors seen at CES 2024 noting its one-of-a-kind ability to toggle between 4K at 240Hz and FHD at 480Hz with the press of a button.

LG also garnered accolades from top publications such as USA Today and Tom’s Guide for its new LG Wash Combo™ All-In-One with Heatpump™ Technology. Marking LG’s commitment to a greener world – the new Wash Combo uses 60 percent less energy than a vented model.The cutting-edge home appliance was widely recognized for its compact ventless design and ability to complete a wash-and-dry cycle in under two hours.

Named as a winner of Reviewed’s Accessibility Awards for CES 2024 –  LG’s Universal UP Kit – a collection of innovative home appliance accessories and add-ons embracing universal design has been crafted to enhance usability for individuals facing physical challenges. It was also recognized in Apartment Therapy’s Best Home Design Products from CES 2024.

From the Consumer Technology Association’s (CTA) CES Innovation Award program alone, LG won 34 CES Innovation Awards including two Best of Innovation Awards given to the LG 4K Transparent OLED T and the 83-inch 4K OLED Zero Connect TV (M4).

Highlights from LG’s over 200 awards and recognitions earned at CES 2024 include:

LG SIGNATURE OLED T (77-inch)

·   CNET: Best TVs of CES 2024

·   Digital Trends: Top Tech of CES 2024 Awards

·   PCMag: The Biggest (and Coolest) TVs at CES 2024

·   Engadget: Best of CES 2024

·   Reviewed: The Reviewed Awards: CES 2024 – Home Theater

·   TechRadar: Best Gadgets of CES 2024 – Best TV

·   The New York Times: Wirecutter: Best of CES 2024

·   Tom’s Guide: Best of CES 2024 Awards – Best Design

·   The Verge: The Verge Awards at CES 2024 – Best in Show

·   CNN Underscored: Best of CES 2024 – Best TV

·   NBC News: Best of CES 2024

·   Fox News: Top 10 Tech of CES 2024

·   The Hollywood Reporter: Best of CES 2024 – Best OLED TV

·   Variety: Best of CES 2024 – Best 4k TV

·   Popular Science: Best New Gadgets and Tech from CES 2024

·   Rolling Stone: Best of CES 2024

LG OLED TVs (M4, G4, C4 and B4)

·   Tom’s Guide: Best TVs of CES 2024 – LG OLED evo G4

·   Reviewed: The Reviewed Awards: CES 2024 – LG OLED evo G4

·   TechRadar Pro: 2024 Pick Awards – LG OLED evo M4

·   Tech Advisor: Best of CES 2024 – LG OLED B4

·   Gear Patrol: Coolest TVs and Monitors Revealed at CES 2024 – LG OLED evo G4, C4, and OLED B4

LG QNED TVs

·   Tom’s Guide: Best TVs of CES 2024 – LG 98 inch QNED TV

·   Residential tech today : CES 2024 Reflections and Superlatives- LG 98 inch QNED TV

LG gram Pro Laptops

·   Digital Trends: Best and Most Exciting Laptops at CES 2024 – LG gram Pro

·   Inverse: Best Laptops Announced at CES 2024 – LG gram Pro 2-in-1

·   Laptop Mag: Best of CES 2024 – Best 2-in-1: LG gram Pro 2-in-1

·   Live Science: CES 2024: Best Laptops for Coding & Programmers – LG gram Pro 2-in-1

LG CineBeam Qube Projector

·   PCMag: Best of CES 2024 – Best Projector

·   WIRED: Best of CES 2024 – Best Home Theater

·   Gizmodo: Best, Coolest, and Weirdest Gadgets at CES 2024

·   Yanko Design: Best of CES 2024

LG UltraGear OLED Gaming Monitor

·   Digital Trends: Best Monitors of CES 2024

·   Inverse: Most Eye-Popping Gaming Monitors from CES 2024

·   The Shortcut: The Shortcut CES 2024 Awards

·   Windows Central: Best of CES 2024 – Best Gaming

LG Wash Combo™ All-In-One with Heatpump™ Technology

·   Reviewed: The Reviewed Awards: CES 2024

·   Tom’s Guide: Best Smart Home Gadgets of CES 2024 – Best Smart Appliance

·   Tom’s Guide: Best of CES 2024 – Best Home Appliance

·   Good Housekeeping: Coolest Gadgets at CES 202

LG Smart Home AI Agent

·   Reviewed: CES 2024 – Top 9 New Gadgets You Need To See

·   Mashable: The Best of CES 2024

·   The Washington Post: The Best (and Strangest) Tech We Found at CES 2024

·   T3: Best of CES 2024 Awards – T3’s Top Tech from This Year’s Show
 

For more information on LG’s CES 2024 awards and honors and additional information about LG’s products announced at CES, please visit LG Newsroom.

Life’s about more than having the latest technology, rather, it’s about the experiences technology creates that impact our lives. LG Electronics Philippines delivers consumer electronics through top-of-the-line home entertainment, home appliances, and air solution products that prepare Filipinos for their greatest moments. LG promises to bring “Innovation for a Better Life” nationwide – from Luzon, to Visayas, and Mindanao. For more details, follow LG Philippines on FacebookInstagramYoutube and Tiktok. LG products are available in all authorized dealers nationwide both in-store and online. Visit lg.com/ph for a complete list of our retail partners. You can also visit LG’s Official Flagship Stores in Lazada and Shopee.

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TECHNOLOGY

GCash, Heart Evangelista collaborate

January 19, 2024 8:30 p.m.

GCash, the country’s leading finance super app, brings a powerful start to 2024 with the launch of its newest endorser — international fashion icon, Heart Evangelista-Escudero.

The unveiling of Heart as the new face of GCash was announced together with the release of the brand’s latest digital film, set to take over our feeds. The film not only showcases Heart’s exciting partnership with GCash, but also demonstrates how GCash has made its way into her heart, being her go-to super app for easy, safe & secure transactions, whether it be online, in-store, or even abroad.

Inspired by her travels and experiences, Heart shared her anecdotes of the moments GCash saved her in times of need –from receiving a sweet gift from her loved ones by using the app’s Send Money feature, to shopping online for cute trinkets for her dog, Panda. She even talked about how the ease of the Scan to Pay feature when it comes to simple things, like buying kwek-kwek when the craving strikes, and of course, who could forget her delighted reaction when she successfully used her GCash Card for the first time to pay for a coffee run in Paris!

“For me, GCash has been a game changer. You can use it for so many things, and literally EVERYWHERE! From my local cravings, shopping finds and even now that I’m getting ready to head out for Fashion Week season, there is no limit when I’ve got my GCash with me. Ang galing diba? ” – Heart Evangelista-Escudero

Much like Heart, there are so many new things to discover and love about GCash! Apart from being able to send and receive money for FREE, and get free vouchers and discounts when paying online, thanks to the GCash Card, its users can transact seamlessly in over 200 countries — with lower foreign exchange rates vs. competitors, it instantly became one of her travel essentials!

The different scenes showcased in the brand’s new film were inspired by the star’s day-to-day life. In fact, Heart was heavily involved in crafting the script, and dressing herself in some of her signature pieces from her personal wardrobe, some of which we’ve seen all over social media!

“In my Heart, GCash is the best way to pay”

Quoting Heart’s ending line in her newest film, GCash invites its users to enjoy the best things life has to offer in the most convenient and secure way possible.

“Heart was really the perfect, and easy, choice for us when it came to developing this campaign. She gave a mountain’s worth of ideas from the very first time we met her and the team was left inspired! Her attention to every detail was key for us to develop a material that was unique but also very personal to her. We loved the way she was able to share her personal experiences with us in highlighting how her GCash has made her transactions easier, not only in the Philippines but all over the globe. ” – Neil Trinidad, GCash Chief Marketing Officer

GCash, the country’s no. 1 finance super app continues its mission to empower Filipinos to move towards financial progress. Through this new collaboration between Heart and GCash, users can only expect more to come in 2024 as they continue to open doors to a brighter future for all Filipinos, so that they too can say that GCash is the best way to pay.

Watch the full GCash short film produced with Heart through the official GCash page @gcashofficial on Facebook and YouTube.

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