Cybersecurity is no longer the sole responsibility of the Chief Information Security Officer but of all organization members across divisions and departments, as cyberattacks are reported almost daily, according to Scam Watch Pilipinas Co-Founder and Co-Lead Convenor Jocel de Guzman.
“The increasing frequency of cyberattacks highlights the need for a company-wide cybersecurity commitment,” De Guzman said during the recent Women in Security Alliance Philippines -Beyond Trust cybersecurity forum entitledThe Deep Web Konek Facebook Page, a group of anonymous cybersecurity enthusiasts who frequently scan the dark web, reports a local cybersecurity breach of a private company or a government agency almost daily.
“We need to understand that most CEOs, presidents, agency heads, and other C-Level executives don’t have a cybersecurity background, which is why cybersecurity is not prioritized,” De Guzman revealed. De Guzman highlighted that many companies and government agencies in the Philippines continue to view cybersecurity as a cost rather than a strategic investment, leaving their systems susceptible to cyberattacks and, more importantly, their stakeholders vulnerable to cyber fraud.