Only 27% of companies in the Philippines are capable of warding off cyber attacks, according to a report by Cisco. The report also revealed that 60% of companies have experienced a cybersecurity incident in the past year. The country's score is based on its ability to detect, defend against, and respond to cyber threats.
The report further stated that the Philippines has a score of 0.58 out of 1 in terms of cybersecurity readiness, which is below the Asia-Pacific average score of 0.66. This means that the country is less prepared than its neighbors in terms of cybersecurity.
The report recommends that companies should prioritize cybersecurity and invest in training their employees. It also suggests that companies should have a cybersecurity strategy in place and an incident response plan.
The report comes as more companies are moving their operations online due to the pandemic. Cybersecurity experts warn that this trend could lead to an increase in cyber attacks.
You can read the full report here:
https://inq.news/Tech032320231* * *
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