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Title of Article: Cybersecurity

The tech-savvy Filipino population with few data protection mechanisms makes the Philippines
extremely vulnerable to cyber-attacks and incidents. The COVID-19 pandemic has changed the
Philippines’ digital landscape. A February 2020 survey declared that 43% of Philippine private
companies had increased allocation towards cybersecurity solutions investment. Eighty six percent
(86%) use anti-malware and antivirus tools, 59% uses next-generation firewalls, and 47% are starting to
invest in cloud-native security. Due to the continued adoption of cloud storage and solutions, software-
defined area network security is gaining market popularity.

Market Opportunities: Philippine Government, the business process outsourcing (BPO) industry,
education sector, financial sector, health sector, and the telecommunications industry are key vertical
markets for IT. There is also growth in e-payment and fintech platforms. BMI forecasts the Philippines
software and software sales will reach $95 million by 2025.

The National Cybersecurity Plan 2022 of the Philippine Department of Information, Communications,
and Technology (DICT) is now on the rollout of cybersecurity infrastructure, including the capability-
building program for all the national agencies and local government units. The Philippine Government
continues to amplify the Data Privacy Act (RA 10173), set data protection standards, and recommend
that all entities register with its online portal and hire a Data Privacy Officer. The rollout with the
allocated budget indicates opportunities for U.S. software and hardware solutions providers.

Reaction: it's about Cybersecurity means protecting data, networks, programs and other information
from unauthorized or unattended access, destruction or change. In today’s world, cybersecurity is very
important because of some security threats and cyber-attacks. For data protection, many companies
develop software. This software protects the data. Cybersecurity is important because not only it helps
to secure information but also our system from virus attack.