With the steady increase of internet users in the Philippines, now standing at 73.91 million or 67% of its total population, global cybersecurity firm Kaspersky urged Filipinos to be on the lookout against the top five most prevalent malware targeting their smartphones and their data and money online.
Identified as the most common malicious software (malware) detected in mobile devices of Filipinos are Trojans. Trojans are malware disguised as legitimate software that hackers and cyber thieves use to get into a user’s system to spy on them or steal from them. An internet user is usually tricked by some form of social engineering to install Trojans into their system. Once activated, attackers can easily delete, block, modify, and copy sensitive data of the user. Trojans can even disrupt the performance of computers or computer networks or in the case of Filipino users, their mobile devices such as smartphones and tablets.
Cloud, AI expected to amplify fintech growth for 2021
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The coronavirus pandemic introduced a whole new era that challenged how several industries adapt to a more digitized model from manufacturing all the way to banking. This rapid transition has seeped its way across several age groups, regardless of previous behavior, and forced technological adoption.
Whether its online classes, remote working setups, or even bills payment, technologies backed by the cloud and artificial intelligence (AI) propagated a more inclusive and empowering economy. In the Philippines, the same can also be said with financial technology.
During the recently concluded Philippine leg of the World Fintech Festival organized by GeiserMaclang Marketing Communications and co-presented by Globe Telecom, Huawei announced a virtual road map that revolves around its partnerships with local businesses especially in the fintech industry.