The Philippines is experiencing a digital revolution. From e-commerce and online banking to cloud-based services and social media, Filipino businesses are increasingly embracing technology to reach new markets, improve efficiency, and enhance customer experience. However, in today’s digital age, success hinges not just on great ideas, but also on robust cybersecurity measures.
Cybercrimes, such as scams, hacks, and viruses, can negatively impact the progress of Filipino businesses–sometimes even causing greater harm by stealing valuable resources or personal information. It’s not uncommon to see businesses lose their websites or social media pages through hacks or have scammers use their information to solicit funds from random individuals.
Such threats can be avoided through cybersecurity. It refers to the practices and technologies utilized to protect computer systems, networks, and data from unauthorized access. Simply, it safeguards digital assets from cyberattacks.
“The primary reason for the necessity of Cybersecurity is our increased dependence on technology. Whether it be in communication, business operations, financial transactions, or even personal activities, we must now always be connected. This dependence makes us vulnerable to cyber threats,” said Jon Clairmond Siy, Chief Security Officer of Shellsoft..
Why should entrepreneurs consider cybersecurity?
Filipino businesses, regardless of size, are likely to possess valuable information like customer details, financial records, and intellectual property. A data breach can be devastating. It can lead to financial losses and even legal repercussions. These reasons alone should encourage entrepreneurs to invest in various cybersecurity efforts.
However, there are other reasons why businesses should invest in cybersecurity.
A fortified cybersecurity system can protect a brand’s reputation. Customers trust businesses that safeguard their data since it demonstrates their commitment to protecting their information.
It can also ensure business continuity. Cyberattacks can cripple operations. For example, malware can render systems unusable, and ransomware can lock owners out of their valuable data. Investing in cybersecurity minimizes downtime and ensures their business continues to run smoothly.
Nowadays, victims of cyberattacks, whether meant or otherwise, can complain to authorities about brands or platforms where the attack occurred. It’s why many industries have regulations regarding data privacy and security. Cybersecurity measures ensure businesses comply with these regulations and avoid potential fines or penalties.
Lastly, a cybersecurity system can assist entrepreneurs to gain and maintain a competitive edge in their respective industries. By prioritizing cybersecurity, they can demonstrate a commitment to innovation and responsible business practices, potentially attracting new customers and investors.
How to start the cybersecurity journey
Becoming cyber secure doesn’t require a significant budget. Filipino entrepreneurs can take small yet significant steps to protect their digital assets.
For example, enforcing strong and unique passwords for all business accounts and implementing multi-factor authentication for added security can add extra layers of protection for their platforms.
Investing in antivirus and anti-malware software is another ideal step to take as it schedules regular scans to detect and remove suspicious items. They can also implement firewalls and secure their Wi-Fi networks with strong encryption to limit access to sensitive data based on employee roles and responsibilities.
Another approach is to regularly back up relevant information to a secure offsite location so business owners can recover data in case of a cyberattack.
In the meantime, regularly educating employees about best cybersecurity practices, including phishing scams and social engineering tactics can help them identify and avoid potential threats.
Those who have extra resources can also engage cybersecurity companies to help them secure their digital assets and become proactive in implementing cybersecurity within their brands or businesses. One cybersecurity company they can tap into is Shellsoft.
“Shellsoft Technology Corporation has been in business since 1988. We are recognized as one of the leading IT reseller and systems integrator in the Philippines with expertise in cybersecurity, productivity and data center solutions. Aside from providing cutting edge products, Shellsoft has a wide range of service offerings, ranging from consultancy, to maintenance and support and managed services,” said Jon Clairmond Siy, Chief Security Advisor @ Shellsoft Technology Corporation.
“Shellsoft’s expertise and excellence has been recognized time and again by industry giants. We strive for excellence in every solution that we carry,” Siy said.
Building cybersecurity knowledge
The cybersecurity landscape is constantly evolving and some people struggle to stay updated with new processes or regulations. Fortunately, the Philippines and the Internet have various sources to keep the public well-versed in cybersecurity.
For example, the Department of Information and Communications Technology (DICT) offers resources and advisories on cybersecurity: https://dict.gov.ph/.
Meanwhile, several reputable organizations offer free online courses and resources on cybersecurity basics. Look for courses from the SANS Institute, National Institute of Standards and Technology (NIST), or Cybrary.
“We make sure that we align with our customers in terms of seeing the bigger picture, we make sure they understand their problems and why certain solutions are needed. While we are known as a go-to partner when it comes to security technologies, we also guide our customers on how to cascade security awareness across all ranks in the organization. With that approach, we don’t only fortify their network but also help them build a culture of security among the people in the organization,” Siy elaborated.
He added that the Philippines can take further steps toward cybersecurity by combining strategies through various channels and initiatives, like integrating cybersecurity awareness into school curriculums starting from primary education. Institutions can offer courses, workshops, and seminars on cybersecurity in universities.
Meanwhile, government support will also play a big role. The government can launch campaigns to raise awareness about cybersecurity risks and provide resources for individuals and businesses to protect themselves. Collaboration with the private sector, especially those in the tech industry, to develop and deliver cybersecurity training programs.
“These partnerships can also facilitate the sharing of best practices and resources. By leveraging a combination of these approaches, Filipinos can gradually improve their cybersecurity literacy and become more adept at protecting themselves and their communities from online threats,” he said.
By taking a proactive approach to cybersecurity, Filipino entrepreneurs can safeguard their businesses, their data, and their customers’ trust. Remember, investing in cybersecurity is an investment in a business’s future. It allows owners to focus on what they do best – building their dreams and contributing to the vibrant entrepreneurial landscape of the Philippines.
