Marcos: Managing cybercrimes is a two-way street between government, big tech firms

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Marcos: Managing cybercrimes is a two-way street between government, big tech firms
Philippines Latest News,Philippines Headlines
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President Marcos highlighted this week the need for the government and private companies to effectively collaborate in navigating and averting persistent cybersecurity problems, which he described as “the darker side of technology.”

“We have many instances where there are scams, there is hacking. We, in terms of actual security, we also have been–have fallen victims to great many of these nefarious activities. And so, yes, those were the areas that we worry about,” he said. According to Wang, the Philippines’ digital economy has reached $23-billion since 2023 in terms of its growth merchandising value and has a compound “giga growth” of 16 percent.In line with this, President Marcos encouraged the private sector to help the government in improving the country’s internet connectivity and fortifying critical infrastructures against cyber-attacks.

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Philippines Latest News, Philippines Headlines

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