Tag: cybersecurity

  • PLDT Enterprise, Nabstract Partner to Combat OTP Fraud Through Smart Safe Silent Access

    PLDT Enterprise, Nabstract Partner to Combat OTP Fraud Through Smart Safe Silent Access

    Recently, PLDT Enterprise and Nabstract has announced of their partnership to combat OTP Fraud through Smart Safe Silent Access and to support the United Nations SDGs.

    PLDT Enterprise and Nabstract seal their partnership to deliver smarter, intent-based network API solutions that empower businesses across industries.

    As part of its commitment to strengthening digital security, PLDT’s corporate arm, PLDT Enterprise, has partnered with Nabstract, a global technology company that helps telecom providers and cloud platforms deliver safer digital services, and a certified Open Gateway Channel Partner, to deliver a safer and more secure alternative to one-time passwords (OTP) through SmartSafe SilentAccess.

    SilentAccess, the flagship solution in the upcoming SmartSafe fraud management API suite, enables real-time, direct user authentication through Smart Communications, Inc. (Smart) allowing seamless logins and transactions without the need for OTPs sent via text message, which are often targets of phishing and other scams.

    By leveraging Nabstract’s expertise in network exposure capabilities, PLDT Enterprise offers real-time fraud detection that empowers businesses in banking, e-commerce, and even SMEs to protect their customers from cyber-attacks, reduce financial losses, and build stronger digital trust.

    “Our collaboration with Nabstract reinforces PLDT Enterprise’s mission to drive innovation and security in the digital space, for institutions across industries. With our GSMA Open Gateway API Certification, we are taking bold steps toward future-proofing businesses with seamless, fraud-resistant solutions – enabling them to serve their customers with confidence,” said Nico Alcoseba, First Vice President and Head of Product Management, PLDT Enterprise.

    Future-Proofing Network Security with Open Gateway APIs

    Nabstract brings its expertise in secure network connections and API-based tools to help enterprises easily integrate anti-fraud systems, network performance management, and quality control solutions. This partnership provides businesses with access to next-generation network intelligence that enhances security and user experience.

    Through the Service Exposure Platform (SEP) built into Smart’s network infrastructure, this partnership gives businesses access to next-generation security tools. Whether it’s banks preventing unauthorized access, e-commerce platforms reducing cart abandonment by removing OTP friction, or SMEs ensuring secure customer logins, these API-based innovations are helping build a stronger and more secure digital economy for the Philippines.

    Strengthening Cybersecurity and Digital Trust

    With the GSMA Open Gateway API Certification, PLDT Enterprise continues to lead in developing new ways to protect digital transactions, ensuring businesses can proactively defend against digital fraud while optimizing network performance.

    “We trust PLDT Enterprise as a key player in delivering secure and innovative digital solutions. Through this partnership, we aim to empower businesses with scalable, efficient, and highly secure network API integrations,” said Vaibhav Mehta, Founder and Director, Nabstract.

    From left to right: Mark Dommel Geronimo, Head of Wireless Product Development at PLDT Enterprise; Mickey Ruiz, Senior Manager and Head of Enterprise Innovations and Product Development, PLDT Enterprise; John Gonzales, First Vice President & Head, Enterprise Consulting & Strategic Business Development, PLDT Enterprise; Vaibhav Mehta, Founder & Director, Nabstract; Nico Alcoseba, First Vice President and Head of Product Management, PLDT Enterprise; Amet Zalameda, Head of Network Transformation Strategy Office, Smart Communications Inc.; Noemi Santos, Assistant Vice President and Head of Enterprise Wireless Platforms, PLDT Enterprise; Maria Elizabeth Soriano, Product Manager, PLDT Enterprise

    This milestone builds on PLDT Enterprise’s ongoing efforts to support the United Nations Sustainable Development Goals (SDGs) by enabling businesses to thrive in a digitally safe and inclusive economy.

    For more information about Smart Safe Silent Access, visit https://bit.ly/pldtenterpise-nabstract-partnership-pr

    Reference:

    PLDT PR

  • Six Considerations for Business Continuity in the Age of Telecommuting

    Six Considerations for Business Continuity in the Age of Telecommuting

    Across industries, organizations are now relying on telecommuting more than ever. While it has its short-term benefits, business leaders must also leverage the technology in a way that will lead to new opportunities and advancements down the line. In the world of cybersecurity, telecommuting is not considered to be a catalyst for revolutionary change in how organizations architect the security of their networks. Instead, it is seen as a catalyst for evolutionary change that could lead organizations and security leaders to an advanced position. In other words, the security decisions intended to support telecommuting could also help to build resiliency to defend against future cyberattacks.

    Leveraging Available Technology to Enable Telecommuting
    Below are six considerations for business leaders as they work to execute workforce-enabling goals, allowing their organizations to flourish securely when outside of traditional headquarters while avoiding substantial capital costs for new buildings.

    Enable Snoop-Resistant Connectivity

    Teleworkers can connect to their organizations remotely with virtual private network (VPN) software. This software, which is likely already included on the employee’s endpoint computer, will enable snoop-resistant connectivity to remote company applications and data, ensuring maximum protection of assets.

    Employ Multi-Factor Authentication (MFA)

    Considering the lack of security controls in place when employees are working remotely, multi-factor authentication (MFA) is critical to protecting data. MFA could come in the form of combining something the remote user possesses – like a “token” on a cell phone – with something this person knows – like a password. This strategy will provide an extra level of security that ensures the user is the authorized employee he or she claims to be.

    Leverage Wireless Access Points and Firewalls

    Business leaders looking to enhance their telecommuting strategies further should consider leveraging easy-to-deploy wireless access points and firewalls to remote worksites. Pre-configured before they are shipped, these solutions can be automatically set up on-site via zero-touch deployment functionality, ensuring business continuity and support for those remote workers who need additional performance and functionality.

    Increase Agility of Communication Paths

    Centralized offices typically feature always-on, dedicated communication links at their headquarters to accommodate the large number of users seated there. With SD-WAN, companies can agilely and securely choose the best communication path for their users at any given time. This strategy supports the changing communications patterns of remote workers, especially as telecommuting becomes more commonplace.

    Get the Most Out of the Cloud

    Teams that no longer have access to their headquarters’ desktop computers can deploy software applications in the cloud that look and perform like those on their computers in the office. The addition of cybersecurity solutions, such as the ability to support secure SSL connections from any browser to the cloud, enable users to securely access these applications and related data stored in the cloud without increasing complexity for the users or the security operations team.

    Focus on Self-Improvement

    One benefit of telecommuting is the extra time that comes from not having to drive into the office every day. Business leaders and their employees should take the time to learn something new or simply refresh their knowledge – one example is taking an online cybersecurity training course to get ahead of the game. By taking the time typically spent commuting to expand their knowledge, individuals can build skills that could be extremely useful down the line.

    Final Thoughts

    By focusing on the six considerations noted above, organizations can achieve a more effective and secure remote workforce model. These evolutionary steps toward the future combine core networks with the agility of the cloud and other connectivity solutions to extend the network’s edge beyond the traditional office environment. When combined with appropriate cybersecurity strategies across the edge, core network, and cloud, organizations can ensure business continuity from remote locations while laying the foundation for people and architectures of the future.

    About Fortinet

    Fortinet (NASDAQ: FTNT) secures the largest enterprise, service provider, and government organizations around the world. Fortinet empowers its customers with intelligent, seamless protection across the expanding attack surface and the power to take on ever-increasing performance requirements of the borderless network – today and into the future. Only the Fortinet Security Fabric architecture can deliver security without compromise to address the most critical security challenges, whether in networked, application, cloud or mobile environments. Fortinet ranks #1 in the most security appliances shipped worldwide and more than 400,000 customers trust Fortinet to protect their businesses. Learn more at http://www.fortinet.com, the Fortinet Blog, or FortiGuard Labs.

    FTNT-O

    Copyright © 2019 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, FortiGate, FortiGuard, FortiCare, FortiManager, FortiAnalyzer, FortiOS, FortiADC, FortiAP, FortiAppMonitor, FortiASIC, FortiAuthenticator, FortiBridge, FortiCache, FortiCamera, FortiCASB, FortiClient, FortiCloud, FortiConnect, FortiController, FortiConverter, FortiDB, FortiDDoS, FortiExplorer, FortiExtender, FortiFone, FortiCarrier, FortiHypervisor, FortiInsight, FortiIsolator, FortiMail, FortiMonitor, FortiNAC, FortiPlanner, FortiPortal, FortiPresence , FortiProxy, FortiRecorder, FortiSandbox, FortiSIEM, FortiSwitch, FortiTester, FortiToken, FortiVoice, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLCOS and FortiWLM.

    Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments. This news release may contain forward-looking statements that involve uncertainties and assumptions, such as statements regarding technology releases among others. Changes of circumstances, product release delays, or other risks as stated in our filings with the Securities and Exchange Commission, located at www.sec.gov, may cause results to differ materially from those expressed or implied in this press release. If the uncertainties materialize or the assumptions prove incorrect, results may differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Fortinet assumes no obligation to update any forward-looking statements, and expressly disclaims any obligation to update these forward-looking statements.

    REFERENCE:

    Alvin A. Marayan

    External & Media Relations

    PRC, Inc.

    Unit 206 State Condominium IV, Ortigas Ave., Greenhills, San Juan M.M.

    CP # 0998-9613729 Telefax# 02-7250237 * 02-4708535

    Email: alvin.marayan@teamprcinc.com.ph