TAGUIG, Philippines – When we little kids, back when the internet was still on it’s crawling ages, our parents always have told us to be careful with everything we do on the internet, as the whole world is watching. They’re not wrong, though – www literally stands for world wide web!
Today, as technology rises and became the top of the hierarchy of needs, the chances of us being unsafe while using the internet is not far from possible. As we become more comfortable in front of the camera where we are looking at the whole world and when we exchange messages to one another, do you believe we are really safe?
The Problem
Blackpanda, Asia’s premier digital forensics and cyber security firm released its first proprietary study, analyzing cyber security vulnerabilities in SME companies across the Asia Pacific region. This study utilizes in-house external attack surface management (ASM) scan to identify top vulnerabilities that represent significant risk level where threats are recommended to be resolved as soon as practicable or within a matter of days to prevent potential infiltration by attackers to launch an attack.
“The majority of the cyber incidents we encounter can be traced back to fundamental vulnerabilities that remain unpatched. Just as a burglar can easily enter through an unlocked door or opened window, cyber attackers exploit these open vulnerabilities to breach systems. As part of our commitment at Blackpanda, and through our Pandamatics Underwriting arm, we are not only focused on responding to these emergencies but also on significantly reducing the occurrence of such attacks across the entire market. This data isn’t just a collection of statistics; it’s a roadmap showing us where the industry needs to direct its attention and resources to fortify its defences effectively.”
Gene Yu, CEO of Blackpanda Group
In addition to the top three vulnerabilities, the study also draws attention to other significant security risks, including:
- Database and remote access services vulnerabilities, emphasizing the importance of robust access controls.
- System services and DNS configuration issues, highlighting the need for improved security practices.
- Underlying risks from software misconfiguration and SSL/TLS configuration gaps, which can lead to severe breaches if not addressed promptly.
“In the Philippines, we see a significant number of high severity vulnerabilities that allow attackers to compromise administrative credentials, gain unauthorized access to email accounts, or disrupt server operations. Given this context, robust security measures and proactive threat management aren’t just advisable—they are critical. Our incident response capabilities are tailored to address these challenges head-on, ensuring that businesses can safeguard their digital environments effectively.”
Evelyn Del Monte, Managing Director for Blackpanda Philippines
Then, what do we do with this problem? Will we ever be safe with our digital footprints lying around? What can we do to solve the undeniable risk of being a victim of those who seek to do harm with our identities and conversations?
The Solution
Blackpanda’s flagship solution, IR-1, integrates top-tier incident response, continuous vulnerability assessments, and seamless access to cyber insurance—all in one SaaS platform. IR-1 is a yearly subscription designed for small and medium sized enterprises in the Asia Pacific region, combining proactive cyber security tools and hassle-free incident response.
What’s amazing about this IR-1 is its 24/7 fixed-cost incident response serivce. Fell like something is off? You have immediate access to expert support in the event of a sudden cyber incident! Now, you have the power to have a quick and swift solution for threats.
With IR-1, its strategy is to also look unto what’s vulnerable by its capability to scan. This service will montior and detect vulnerabilities within an organization’s digital environment. Thus, when we acknowledge the problem, we can find solutions for it. This also allows business firms to be confident with their digital security.
Another innovative aspect of IR-1 is its automated cyber insurance access, available specifically in Singapore and Hong Kong through Pandamatics Underwriting, an entity of the Blackpanda Group. This feature simplifies the process of obtaining cyber insurance, allowing businesses to quickly secure coverage that aligns with their risk management strategies.
“IR-1 equips our clients with robust tools and resources essential for both preventing and mitigating cyberattacks,” explains Evelyn del Monte, Blackpanda’s Managing Director for Philippines. “We are not resting on our laurels; rather, we have several significant upgrades scheduled for this year. Our subscribers can look forward to rolling out even more advanced, technology-driven solutions tailored to their needs.”
“What comes with great power is great responsibility” as Uncle Ben said in Spider-man. With the technology we use every single day, it is important to stay safe and become a wise internet-user. Because, we will never know who we truly are with when we sit infront of the screen.
Thanks to Blackpanda’s IR-1, we are never alone to ensure our own cybersecurity!
Blackpanda’s mission is to make cyber resilience achievable for all, with services and solutions designed for the Asian market. For more info, please visit https://www.blackpanda.com
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