BUSINESS groups should invest in developing a proficient cybersecurity workforce to address cybersecurity challenges, a Cabinet official said on Tuesday.
“To resolve these issues [on cybersecurity], good security governance of every enterprise or organizational level is the key,” Information and Communications Technology (DICT) Secretary Ivan John Uy said during the Management Association of the Philippines ICT Summit.
Uy emphasized the need for business owners and executives to prioritize bolstering the cybersecurity safeguards for their respective information systems.
He also pointed out that although the task forces consider cybersecurity risks with the same level of concern, the Organization for Economic Cooperation and Development approximated the global expense of cybersecurity breaches to be $3 trillion.
“At the national level, we are enhancing cybersecurity governance to the promulgation of the National Cybersecurity Plan for 2023-2028, and this has been discussed intensively among the different government agencies and stakeholders,” said the DICT chief.
Uy said that the DICT seeks to advance local cybersecurity by leveraging the talent and skilled workforce with education, training and other capacity-building initiatives.
“We partner with different industry leaders to provide scholarships to government employees that want to start a career in the cybersecurity sector, providing them with the skill set to identify and mitigate calls on cybersecurity risks and threats,” he said.
The DICT’s National Computer Emergency Response Team recently reported 50,000 cyberthreats and 5,000 resolved incidents.
Moreover, Uy said that they have noticed patterns where cybercrime traffickers would be working together, exchanging technologies and information, and maximizing economies of scale to form an illegal industry of scamming ransomware.
“This is why the DICT will operationalize the capacity organizational level, as well as government Computer Emergency Response Teams, providing them with cyberthreat advisors, real-time updates and cybersecurity best practices,” he said.
“I encourage our business leaders and CEOs (chief executive officers), as part of securing your company’s critical information and infrastructure, to develop a talent pool for cybersecurity, adapt good cybersecurity governance at every level and collaborate with the government, which is here to help you for a more unified response against these cyberthreats,” Uy added.
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