PLDT sets cybersecurity budget at about P1B yearly - BusinessWorld Online

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PLDT sets cybersecurity budget at about P1B yearly - BusinessWorld Online
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“We will continue to invest about a billion a year in cybersecurity,” Alfredo S. Panlilio, president and chief executive officer of PLDT and its unit Smart Communications, Inc., said during a recent press briefing. READ:

“We will continue to invest about a billion a year in cybersecurity,” Alfredo S. Panlilio, president and chief executive o“Knock on wood, our cyber team has done a good job; we will continue to monitor and we will continue to make sure that we remain secure,” he added.

“The budget is strategy-driven. I presented the three-year strategy in 2018, which should have ended last year,” he told“Because of the pandemic, some of the projects were [delayed], so we are completing such projects this year,” he added.In December, the group said it had invested “nearly P3 billion” in cybersecurity infrastructure.

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