Coreware Technology News Today

In the Philippines, Utimaco is working with several stakeholders, such as Securemetric and Coreware Technology, to ensure a guarded digital future

As consumers continue to embrace the convenience of digital transactions, cybersecurity provider Utimaco warned banks and financial service institutions of a riskier environment that may affect a larger number of consumers if not properly addressed.

Banks and financial service institutions (FSIs) are responsible for protecting consumers' critical data to avoid economic and reputational loss in today's digital world. However, the existing infrastructures continue to evolve due to industry’s digitalization, and more consumers are now utilizing digital platforms for their daily transactions.