Globe wins HR Asia ‘Best Companies to Work For in Asia’
GLOBE has once again been recognized as one of the HR Asia Best Companies to Work For in Asia, The Philippines Chapter (2024). This is the fourth consecutive year Globe has received this award, highlighting their dedication to creating a positive and empowering work environment.
This award underscores Globe’s commitment to employee well-being and development, with a focus on providing comprehensive wellness, learning, and growth opportunities for their workforce.
Renato Jiao, Globe’s Chief Human Resource Officer, expressed his pride in the company’s achievement, stating that this recognition validates their efforts to build a workplace where innovation flourishes, diversity is celebrated, and employees feel valued. He emphasized Globe’s belief that empowering their people leads to better customer service and meaningful contributions to nation-building.
Globe’s commitment extends beyond the workplace, demonstrating a strong dedication to sustainability and active participation in nation-building initiatives. The company has unique customer programs that allow their employees to give back to the communities they serve.
Globe is also dedicated to fostering a diverse and inclusive work environment. By offering trainings on gender and disability sensitivity, and celebrating the individuality of each employee, Globe reinforces a culture of unity and respect.
As Globe continues to evolve and adapt, they remain dedicated to creating a work environment that fosters growth, innovation, and social responsibility, for both their employees and customers.
RCBC detects new e-commerce fraud schemes, leveraging past data breaches
SECURITY experts at the Rizal Commercial Banking Corporation (RCBC) has observed the emergence of new fraud types, including scams perpetrated by fraudsters masquerading as legitimate merchants on e-commerce platforms.
These criminals create deceptive profiles offering popular products at heavily discounted prices to lure unsuspecting buyers. Once payment details are submitted, victims receive nothing in return and often have their personal and financial information stolen for future fraudulent activities.
These evolving fraud tactics are increasing the risk for consumers, businesses, and financial institutions. RCBC’s Chief Information Security Officer, Carlos Tengkiat, has raised concerns about the potential for substantial financial losses as online commerce continues to grow.
Tengkiat emphasized the increased use of data breaches in social engineering and account takeovers. He highlighted that fraudsters are exploiting past data breaches, taking advantage of individuals who reuse usernames and passwords across multiple platforms.
This enables them to gain unauthorized access and carry out fraudulent transactions.
Jericho Konrad Uy, Head of RCBC Enterprise Fraud Risk, noted that phishing remains a primary attack vector, but cybercriminals are adapting their tactics to gain trust more quickly. They are capitalizing on bank promotions and system migrations to deceive their victims.
To counteract these emerging fraud types, RCBC has implemented various protective measures. They have added controls to prevent continuous fraud-like behavior on their apps and websites and are collaborating with Bancnet for faster tracing and alerting among member banks. Uy reiterated that RCBC continually updates its security measures to stay ahead of current and emerging fraud trends, and clients are informed about new threats through various channels.
RCBC also utilizes advanced technology like AI and machine learning to analyze account activity data and identify potential fraud. By staying vigilant and employing cutting-edge technology, RCBC is actively working to protect its clients and combat the ever-changing landscape of online fraud.
Trend Micro hits 10K customers, platform expands with artificial intelligence
TREND Micro, a global leader in cybersecurity, is taking significant steps to address the evolving threat landscape and empower small and medium-sized enterprises (SMEs) to strengthen their cybersecurity posture. The company’s AI-powered platform, Trend Vision One, has surpassed 10,000 enterprise customers worldwide and is now being extended to serve the SME market.
The platform has been enhanced with new management and operational tools specifically designed for Managed Service Providers (MSPs), streamlining risk management for enterprises and enabling MSPs to optimize their operations, expand their service offerings, and tap into new market opportunities.
Trend Micro’s focus on SMEs is particularly significant in the Philippines, where 99.59 percent of established businesses fall into this category, highlighting the crucial role they play in the economy. Recognizing the challenges SMEs face in managing cyber risk, particularly with the increasing sophistication and volume of threats, Trend Micro aims to bridge this gap and offer enterprise-grade protection tailored to their needs.
“This is a major growth period for SMEs in the Philippines, and it’s important to build on secure foundations,” stated Ian Felipe, Country Manager at Trend Micro Philippines. “We see a critical need to address growing attack surface risk while enterprises are facing a significant lack of cybersecurity talent–that’s a valuable opportunity for the channel.”
Trend Vision One for Managed Service Providers offers partners a comprehensive suite of proven, enterprise-grade capabilities from a single platform, with integrations designed for efficient operations management.
A groundbreaking feature allows MSPs to deliver end-to-end cyber risk management for their customers in a multi-tenant platform, leveraging a broad range of security capabilities for endpoint, email, network, identity, and cloud, combined with powerful built-in modules like XDR and Attack Surface Risk Management (ASRM).
This expansion reflects Trend Micro’s commitment to proactive cybersecurity solutions, enabling SMEs to protect their businesses and navigate the increasingly complex cyber threat landscape with confidence.
