Rezbin clinched the grand prize in the Philippine search for the local KPMG Global Tech Innovator during the recently concluded 4th KPMG in the Philippines Innovation Summit at the Fort in Taguig City. Rezbin’s Chief Executive Officer Mari Martirez impressed the judges with how he turned a common dilemma into a strategic and profit-generating enterprise. He is bound for Lisbon in November to represent the Philippines at the KPMG GTI finals.
Delivering the keynote address, Peter Maquera, CEO of Microsoft Philippines remarked that the integration of AI can significantly enhance the principles of transparency, accountability, and fairness, ultimately improving performance and shareholder value of companies. According to Dr. Erik Capistrano of the University of the Philippines Diliman, people need to feel confident that their personal information is safe from cyber threats such as hacking, data breaches, and identity theft, and from negligence such as lax practices. Organizations must implement strong encryption, secure authentication methods, and regular security audits to protect user data.
Panelist Carlos Tengkiat, Chief Information and Security Officer RCBC said that breaches in security happens because even if a company is careful of its privacy measures, it becomes vulnerable if it works with third party contractors that don’t have the same level of care to one’s data. That is why companies should ensure security measures and protocols and extend its standards to its business partners.