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fake news
TEN hours and 27 minutes. This is the average time Filipinos ages
16 to 64 years old spend browsing the internet and staying online.
According to social media management firm Hootsuite and
creative agency We Are Social's Digital 2022 Global Overview
Report, Filipinos are among those who spend the longest time
connected online.
The results are not surprising. It is not hard to find someone busy
tapping at a phone on a bustling street in the Philippines. When
not messaging friends and family, we resort to taking TikTok
videos or food snapshots for Instagram feeds. These became more
commonplace when the pandemic hit. We relied heavily on mobile
apps to transfer money, pay the bills and satisfy food cravings. No
surprise there and probably the better question to ask is: Just 10
hours? Based on what we see, it does seem like Filipinos spend
more than 10 hours online daily.
Misinformation vs disinformation
Upholding accountability
As the world goes digital, auditing firms are faced with a dilemma:
digital transformation or being left behind by competitors. The
answer is simple: go digital. But along with this comes risks posed
by cybersecurity and falling prey to disinformation and
misinformation. Considering all the harmful effects, knowing is
not enough. Concrete action is needed.
Mai Sigue-Bisnar is the partner for Audit & Assurance and Advisory
Services and head of the Markets Group at P&A Grant Thornton.
P&A Grant Thornton is one of the leading audit, tax, advisory and
outsourcing firms in the Philippines, with 22 partners and more
than 1,000 staff members. We'd like to hear from you! Tweet us at
@GrantThorntonPH, like us on Facebook at P&A Grant Thornton,
and email your comments to pagrantthornton@ph.gt.com. For more
information, visit our website at www.grantthornton.com.ph.