FireEye Finds Philippines Organizations Twice as Likely to Face Advanced Cyber Attacks

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FireEye, Inc., the leader stopping today’s advanced cyber attacks, today released new findings showing that 30 percent of organizations observed in the Philippines were targeted with advanced cyber attacks in the second half of 2015.

This rate of exposure is double the worldwide average of 15 percent.

This rate of exposure is double the worldwide average of FireEye has observed at least three advanced persistent threat groups and many other advanced threat actors targeting organizations in the Philippines.

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“The Philippines’ cyber security gap is an urgent economic and national security concern. Organizations here are frequently targeted by advanced attackers. As geopolitical tensions drive rapid militarization in the South China Sea, it’s important we acknowledge the first shots in any conflict will be fired in cyberspace,” said Eric Hoh, President for Asia Pacific at FireEye. “In this new era, nations with weak cyber defenses can expect their infrastructure, services and defensive capabilities to be significantly eroded in armed conflict.”

Top sectors targeted in the Philippines include: government, business services (including outsource service providers), gaming, hospitality, and aerospace/defense/shipbuilding.

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“When organizations fall victim to advanced cyber attacks there can be many negative side effects, including disrupted operations, financial losses, reputational damage and lawsuits. In order to build a stronger security posture, it’s critical that organizations not only put technology in place to detect and respond to these attacks, but that they also bring together expertise and strong threat intelligence,” said Marshall Heilman, Vice President and Executive Director, Incident Response and Red Team Operations at FireEye.

In the wider Asia Pacific region, the industries FireEye most commonly observed to be exposed to APT attacks in the second half of 2015 were: federal governments (45 percent of organizations exposed), entertainment/media/hospitality (38 percent), high-tech (33 percent), manufacturing (29 percent), energy and utilities (29 percent), state and local governments (28 percent), services/consulting (25 percent), and financial services (20 percent).

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In April 2015, FireEye revealed a decade-long state-sponsored cyber espionage campaign by a China-based cyber threat actor. The operation focused on targets—governments, businesses and journalists—which hold key political, economic, and military information about Southeast Asia and South Asia. FireEye’s analysis of the group’s malware yielded clues which suggest the group targeted the Philippines.

 

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FireEye Finds Philippines Organizations Twice as Likely to Face Advanced Cyber Attacks

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