News » BPO, gaming sectors “big investors” in Philippine cybersecurity

BPO, gaming sectors “big investors” in Philippine cybersecurity

BPO, gaming sectors “big investors” in Philippine cybersecurity

The business process outsourcing (BPO) and gaming sectors are “big investors” in cybersecurity, investments, services, and activities in the Philippines, according to an IBM executive. Malcolm Rowe, IBM business unit executive for Southeast Asia, said the two industries are important in cybersecurity in the country. Rowe said the BPO industry contributes significantly to big business in the Philippines. He added that its 24/7 operations depend on the internet, and that thus it has invested and continues to invest hugely in cybersecurity software and services. Rowe also said that the gaming sector is constantly subject to attacks for ransomware, theft, and exploitation. He pointed out that when it comes to cybersecurity attacks, there are already good investors in cybersecurity, detection, protection, and recovery, as well as financial services, infrastructure, and government. The Philippines took the 37th spot among 165 countries in the 2017 United Nations Global Cybersecurity Index and the 58th place among 175 countries in the 2018 International Telecommunication Union index.

Read more here.

Start your
journey today

  • Independent
  • Free
  • Transparent

About OA

Outsource Accelerator is the trusted source of independent information, advisory and expert implementation of Business Process Outsourcing (BPO)

The #1 outsourcing authority

Outsource Accelerator offers the world’s leading aggregator marketplace for outsourcing. It specifically provides the conduit between Philippines outsourcing suppliers and the businesses – clients – across the globe.

The Outsource Accelerator website has over 5,000 articles, 350+ podcast episodes, and a comprehensive directory with 900+ BPO companies… all designed to make it easier for clients to learn about – and engage with – outsourcing.

About Derek Gallimore

Derek Gallimore has been in business for 20 years, outsourcing for over eight years, and has been living in Manila (the heart of global outsourcing) since 2014. Derek is the founder and CEO of Outsource Accelerator, and is regarded as a leading expert on all things outsourcing.