Blackpanda Unveils Alarming Cyber Security Vulnerabilities

Blackpanda Unveils Alarming Cyber Security Vulnerabilities in Asia Pacific SMEs, Launches Upgraded IR-1 Solution

Taguig City, Philippines – Blackpanda, a leading digital forensics and cybersecurity firm in Asia, raises a red flag with the release of its first-ever study on cyber security vulnerabilities plaguing small and medium-sized enterprises (SMEs) across the Asia Pacific region.

Blackpanda unveils study on SME cyber risks across Asia Pacific. Blackpanda, Asia’s leading digital forensics and cyber security firm, unveils its inaugural study on cyber security vulnerabilities in SMEs across the Asia Pacific. The study, utilizing in-house ASM scans, highlights critical risks demanding urgent resolution to thwart potential attacks, signaling a call to action for businesses to fortify their digital defenses against evolving threats. Blackpanda team shown from left to right: Ruck Del Rosario, Digital Forensics and Incident Response Specialist; Pauline Ong, Director of Customer Success; May Tan, Marketing Manager; Evelyn Del Monte, Managing Director – Philippines , Gene Yu, Founder & CEO; Valerie Koh, Marketing Analyst.

Blackpanda’s ASM Scan Reveals Critical Security Gaps

Utilizing their in-house external attack surface management (ASM) scan, Blackpanda identified three major vulnerabilities posing significant threats to regional cybersecurity:

  1. Compromised Assets (71.68%): Email breaches top the risk list, highlighting a major vulnerability to phishing attacks and information leaks. This widespread issue underscores the need for advanced threat detection and incident response strategies.

  2. Exposed Web Services (69.92%): Vulnerabilities in web services create openings for web-based attacks, potentially disrupting operations and compromising customer data.

  3. Known Software Vulnerabilities (59.96%): Unpatched software vulnerabilities pose a medium-risk but require immediate attention to prevent data breaches with severe financial and reputational consequences.

Blackpanda CEO Emphasizes Prevention and Collaboration

Blackpanda Group CEO, Gene Yu, emphasizes the crucial role of proactive measures: “Most cyber incidents stem from unpatched vulnerabilities. Just like unlocked doors or windows, these gaps invite attackers in. Blackpanda addresses emergencies through incident response, but through Pandamatics Underwriting, we also aim to significantly reduce attacks across the market.”

Beyond the Top Three: Additional Security Risks Highlighted

The study delves deeper, highlighting other security concerns:

  • Database and remote access vulnerabilities necessitate robust access controls.
  • System services and DNS configuration issues require improved security practices.
  • Underlying software misconfiguration and SSL/TLS configuration gaps can lead to severe breaches.

Blackpanda Philippines: Local Focus on Addressing Vulnerabilities

Evelyn Del Monte, Managing Director for Blackpanda Philippines, sheds light on the local situation: “The Philippines sees a concerning number of high-severity vulnerabilities allowing attackers to steal credentials, access emails, or disrupt servers. Robust security measures and proactive threat management are no longer optional – they’re critical.”

Blackpanda Offers Comprehensive Solutions with Upgraded IR-1

Blackpanda’s study not only identifies vulnerabilities but also offers solutions. By implementing these recommendations, companies and government agencies can significantly reduce cyberattack risks and strengthen defenses against evolving threats.

IR-1: A Robust Cybersecurity Solution for SMEs

Blackpanda’s flagship solution, IR-1, empowers SMEs in the Asia Pacific region with a comprehensive cybersecurity package:

  • 24/7 Incident Response: Ensures immediate expert assistance in case of cyberattacks, minimizing downtime and damage. The fixed-cost model offers budget predictability.
  • Continuous Vulnerability Scanning: Proactively identifies and addresses vulnerabilities, reducing attack exposure and enhancing overall security posture.
  • Streamlined Cyber Insurance Access: Simplifies acquiring cyber insurance through Pandamatics Underwriting (available in Singapore and Hong Kong), ensuring businesses have the right coverage for their needs.

Blackpanda Philippines: Committed to Continuous Improvement

Evelyn del Monte elaborates on Blackpanda’s commitment to innovation: “IR-1 equips clients with essential tools for cyberattack prevention and mitigation. We’re constantly upgrading. Subscribers can expect even more advanced, technology-driven solutions this year.” Blackpanda Philippines leverages strong partnerships with channel network partners Exclusive Networks (EN) and iSecure Network (ISN) for wider reach.

About BLACKPANDA GROUP

Blackpanda is Asia’s leading local cyber incident response firm, dedicated to delivering world-class digital emergency response services to businesses in the region. We help businesses strengthen their cyber resilience and secure their digital operations by supporting them with incident response delivered by local experts.

Our 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

Blackpanda Unveils Alarming Cyber Security Vulnerabilities

Fluffy

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