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Cisco: Cyber threat highest in APAC Companies

Philippine companies overtook regional and global averages on adopting a remote workplace, increasing cybersecurity challenges.
The bulk of local firms, 64 percent, consider cybersecurity as an extremely important component in the remote work setup.
However, secure access – the ability to verify identity and establish trust no matter how, where, or when remote workers log in, paired with enforcing policies, emerged as the top cybersecurity challenge faced by 62 percent of local firms.
Unsurprisingly, data privacy was also a top concern for 56 percent of Filipino businesses.
“Cybersecurity has been a buzz word in the Philippines for years, but this pandemic has really pushed companies to take action within their own organizations,” remarked Karrie Ilagan, Managing Director of Cisco Philippines. ....

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Asian Stock Market: China bucks the downtrend as virus, Brexit woes battle US stimulus update

Asian Stock Market: China bucks the downtrend as virus, Brexit woes battle US stimulus updateNEWS |
12/21/2020 5:59:26 AM GMT
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By Anil Panchal
Most Asia-Pacific shares remain offered amid fears of covid strain, no-deal Brexit.
PBOC keeps benchmark rates unchanged, Hong Kong to join the league that bans UK travels.
Capitol Hill reached stimulus deal, passed one-day stopgap funding to give final touches to the aid package.
Asian equities stay heavy while heading into Monday’s European session as fears of a new strain of the coronavirus (COVID-19) join Brexit deadlock to dim the optimism over the US covid aid package. As portraying the mood, MSCI’s index of Asia-Pacific shares struggles for a clear direction whereas Japan’s Nikkei 225 prints 0.23% intraday losses by press time. ....

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