Phl second most attacked by web threats in 2022 – report 

POPULAR POST

CryptoBilis presents ‘Bitcoin Pizza Day 2024’ in collaboration with...

An event to bring to-gather all fragmented cryptocurrency communities in the Philippines under one roof.

Olympus acceleration platform opens global launchpad for Filipino Web3...

The DFINITY Foundation (DFINITY), a Swiss not-for-profit research and development organization and key contributor to the Internet Computer Protocol (ICP) blockchain, has announced the launch of the Olympus, the first decentralized, on-chain global acceleration platform. 

Parallel TCG Planetfall, A Week After Its Release

The long-awaited expansion to the hit web3 space sci-fi TCG (Trading Card Game), Parallel, Planetfall has launched May 1 and it has been a week since it hit the virtual shelves. Let's see how it has fared on its first week from the perspective of the Parallel TCG players themselves.

Coins.ph’s PHPC Stablecoin Receives BSP Approval, a Game-Changer for...

In a groundbreaking development for the digital asset and fintech industry of the Philippines, Coins.ph, the leading cryptocurrency exchange in the country, announced it...

Illuvium launches Beta 4 with a $25M USD Airdrop...

Illuvium launches their Beta 4 with a $25M USD Airdrop Campaign

Coins.ph, XD Academy Team Up to Bring Global Bitcoin...

In a significant move to raise the bar for crypto education in the Philippines and widen access to innovative web3 learning tools, Coins.ph, the leading crypto exchange in the country, has joined forces with XD Academy, a global pioneer in web3 and cryptocurrency learning and certification.

The Philippines was the second most attacked by web threats worldwide last year, according to global cybersecurity firm Kasperky’s online security monitoring in 2022.

Data from the Kasperky Security Network (KSN) revealed the country had moved two places up, ranking second among countries most attacked by web threats within the period of January to December last year. 

The 2022 global ranking is topped by Mongolia (51.1 percent), followed by the Philippines (49.8 percent), Ukraine (49.6 percent), Greece (49.5 percent) and Belarus (49.1 percent). 

The ranking is based on the number of web-based cyberthreats detected and blocked by Kaspersky products. 

Based on the report, a single device can frequently be targeted by cybercriminals and subjected to multiple attacks.   

Attempts of local malware spread through removable drives such as USB sticks dropped from 35,825,044 in 2021 to 25,060,519 in 2022. This placed the Philippines in the 72nd spot worldwide, two notches down from its 70th rank a year ago. 

According to the KSN report, worms and file viruses accounted for the majority of such incidents that were detected and blocked by Kaspersky products in devices of its Filipino customers. 

The KSN report showed cybercriminals tried to penetrate systems through attacks via browsers.

However, the KSN noted that their detected and foiled incidents plunged from 50,544,908 to 39,387,052. 

Drive-by downloads and social engineering are the favorite attack methods used by cyber attackers to spread malware on their victims. 

A drive-by download attack is when a user visits a website and unintentionally downloads a malicious code while a social engineering attack is when a user downloads malware but was made to believe it’s a legitimate program. If a company employee connects to an unsecured WIFI network or visits a non-work related website, such actions could result in disastrous and costly damage to company data. 

“I would always insist for any business that’s new, or qualifies as a small and medium enterprise to have basic protection from the get-go. Secure the endpoint and then have encryption in place. As you expand, spending on the business and security should be in lockstep. It’s pointless to build a business that is not protected because once you’re compromised, it is costly to repair the damage. At the very least, it could look like losing opportunities for your business because of lost customer trust,” said Chris Connell, managing director for Asia Pacific at Kaspersky.

“In the Philippines, businesses continue to flourish despite the challenges. We have seen how adversity, such as the pandemic, hastened the digital transformation among local businesses and customers alike. In the same vein, cybercriminals saw it as an opportunity to take advantage of the cybersecurity weaknesses of those jumping on the digital wave. As the country moves towards sustaining its recovery, I hope Filipino businesses will be as aggressive in protecting their devices and their data as cybercriminals are persistent in preying on them,” added Connell.  

To help SMBs and midrange enterprises secure their networks against cybercriminals, Kaspersky has launched in Southeast Asia a more affordable program to provide two years of enterprise-grade endpoint protection through their Kaspersky Endpoint Security for Business, Cloud or Kaspersky Endpoint Detection and Response Optimum, with 24×7 phone support. – Rainier Allan Ronda

Subscribe to our newsletter

Its easy to be smart about crypto, allow us to send you weekly updates on digital assets, crypto, NFTs and fintech.

WANT TO KNOW MORE?

CryptoBilis presents ‘Bitcoin Pizza Day 2024’ in collaboration with Satoshi Labs...

An event to bring to-gather all fragmented cryptocurrency communities in the Philippines under one roof.

Olympus acceleration platform opens global launchpad for Filipino Web3 startups 

The DFINITY Foundation (DFINITY), a Swiss not-for-profit research and development organization and key contributor to the Internet Computer Protocol (ICP) blockchain, has announced the launch of the Olympus, the first decentralized, on-chain global acceleration platform. 

Parallel TCG Planetfall, A Week After Its Release

The long-awaited expansion to the hit web3 space sci-fi TCG (Trading Card Game), Parallel, Planetfall has launched May 1 and it has been a week since it hit the virtual shelves. Let's see how it has fared on its first week from the perspective of the Parallel TCG players themselves.

Illuvium launches Beta 4 with a $25M USD Airdrop Campaign

Illuvium launches their Beta 4 with a $25M USD Airdrop Campaign

Coins.ph, XD Academy Team Up to Bring Global Bitcoin Course to...

In a significant move to raise the bar for crypto education in the Philippines and widen access to innovative web3 learning tools, Coins.ph, the leading crypto exchange in the country, has joined forces with XD Academy, a global pioneer in web3 and cryptocurrency learning and certification.