Singapore Telecommunications Limited (Singtel) and Philippine-based Globe Telecom, Inc has signed a Memorandum of Understanding to better protect Philippine enterprises from cyberattacks.
"The frequency and sophistication of cyber attacks and breaches are on the increase across all industries in the Southeast Asian region. About 39% of observed organisations in the Philippines were targeted with advanced cyberattacks in the first half of 2015, above the global average of 20%," said Bill Chang, Chief Executive Officer, Group Enterprise at Singtel.
As such, it is imperative for businesses to stay a step ahead of such cyber threats, he added.
This partnership will leverage the managed security services of Singtel's latest acquisition - Trustwave. Trustwave will enhance Globe Managed Security Services through delivering its security suite in areas such as Vulnerability Assessment, Network Security, Application Security and Content Security, Endpoint Security and Access Control and Security Management.
"Cybersecurity threats have been constantly evolving and we believe that a more proactive stance against attacks is necessary. Because we recognise that not everyone is capable of implementing a comprehensive solution, the need for Managed Security Services is more apparent," said Gil Genio, Globe Chief Technology and Information Officer and Chief Strategy Officer. "Moreover, security is what most CIOs and CTOs, whom we have been talking to, have been raising as one of their principal concerns."
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