Recent data breaches have cast a spotlight on the vulnerabilities of Philippine businesses and raised concerns about their cybersecurity preparedness.
Despite the alarming rise in sophisticated cyberattacks worldwide, only 1% of Filipino companies are considered well-equipped to defend themselves. This vulnerability stems from a reluctance to adopt advanced cybersecurity measures, often perceived as complex and daunting. Businesses must overcome this hesitation and prioritize robust data security for themselves and their customers, according to cybersecurity firm Yondu.
“Threat intelligence has to grow in a certain community,” says Dennis Sanchez, Chief Information Security Officer at cybersecurity firm Yondu.
“In our country, there’s no one source for all the knowledge of the threats that happen. Somehow, we are not united. That’s one thing that we want to build,” Sanchez explains. He emphasized the need for a collaborative community where experiences and threat patterns can be shared, enabling better prediction and prevention of future attacks.
Leveraging the expertise of innovative technology partners can be crucial to bolstering cybersecurity for Philippine businesses. Yondu offers comprehensive Managed Security Services (MSS) that cover various security domains, including monitoring, detection, and incident handling.
“Traditionally, you set up defenses to detect and respond to attacks quickly,” Sanchez explains. “But beyond that, you need proactive measures like vulnerability assessments, penetration testing, and staying informed about the latest threats. Instead of just waiting for attacks, you should test your own systems and use up-to-date techniques. Understand what hackers are doing and apply those methods to your own defenses.”
Sanchez adds, “A notable success story highlights this effectiveness: during Christmas season, our early threat intelligence gathering and proactive threat hunting enabled clients to remain secure and enjoy their holidays without interruption.”
Yondu’s tailored approach ensures that each business receives solutions that meet its unique needs, simplifying technology and making its implementation more effective. For proactive measures such as penetration testing and vulnerability assessments, they deploy a specialized VAPT team. To understand and predict future attacks, they utilize advanced threat intelligence capabilities and conduct threat hunting to uncover potential threats that existing security systems might miss.
Adopting these cybersecurity solutions provides businesses with immediate and long-term benefits, including enhanced protection, reduced risk of data breaches, and improved operational continuity. Customized cybersecurity helps businesses feel more secure online and protect their valuable assets from cyberattacks.
