“The Philippines GDP currently stands at about $305 billion. With our economy on a continuous upward growth trajectory, many of us remain optimistic in the business landscape of today,” said Vic Tria, first vice president for PLDT ALPHA, at the 30th Bankers Institute of the Philippines Inc. (BAIPHIL) Convention held last March at the Baguio Country Club. Tria, however, cited a recent study by Frost and Sullivan for Microsoft, in which 1.1% of the GDP may be lost due to threats on cybersecurity.
Local government units (LGUs) are in the position to help prevent cybercrime, particularly in monitoring of suspicious activities and conduct of information drive.
The former police commander of the Bangsamoro Autonomous Region in Muslim Mindanao is now the country’s top cybercop.