Money News PH | In today’s hyper-digital world, businesses are innovating faster than ever—but this growth also opens the door to rising cyber risks. To help companies strengthen their defenses, Globe Business has partnered with Blackpanda, Asia’s leading cyber first responders, to bring affordable, enterprise-grade cybersecurity to organizations across the Philippines.
This partnership introduces AI-ready, fixed-cost Incident Response (IR), continuous vulnerability scanning, dark web monitoring, and cyber insurance access—essentially giving enterprises their own dedicated “cyber fire department” to detect, contain, and neutralize threats before damage escalates.
“Cyber threats continue to challenge businesses of every size, and AI is amplifying both their frequency and sophistication. Through our partnership with Blackpanda, immediate and expert incident response, once prohibitively expensive, is now accessible. By leveraging our ICT ecosystem, we provide organizations with a practical and affordable way to stay secure, remain prepared, and build lasting customer trust,” said KD Dizon, Head of Globe Business.
Rising Cyber Risks in the Philippines and ASEAN
The need for stronger cybersecurity has never been more urgent. In the past year alone:
- 85% of Philippine firms faced AI-related cyberattacks
- 84% experienced supply chain breaches
- Nearly a third failed to detect these breaches in time
Across ASEAN, the numbers are just as alarming. The average cost of a data breach hit USD 3.23 million in 2024, with the financial sector facing the steepest losses at USD 5.57 million. The region also saw a 29% increase in cyber incidents, including a surge in ransomware and phishing campaigns.
Making World-Class Cybersecurity Accessible
Traditionally, incident response services have been costly, with hourly rates reaching USD 500 or retainer fees ranging from USD 25,000 (~PHP 1.5M) to USD 100,000 (~PHP 6M). For many local businesses, this made professional cyber defense unattainable.
Blackpanda’s flagship subscription, IR-1, changes the game. It combines:
- Cyber insurance – Automated quotes with coverage up to USD 10 million, covering financial, regulatory, and reputational risks.
- Readiness tools – Continuous vulnerability scanning (ASM) and Dark Web monitoring to detect threats early.
- Local expertise – Cyber responders based in Singapore, Tokyo, Hong Kong, and Manila.
- Vendor-agnostic EDR support – Works with any Endpoint Detection and Response solution, unlike competitors tied to specific software.
This integrated model reduces costs, improves preparedness, and gives Philippine enterprises a reliable way to respond to incidents 24/7.
“Globe’s reach and trust in the Philippine market make them the ideal partner to scale our IR-1 cyber assurance subscriptions nationwide. By delivering always-on access to expert response and extending into full-service incident response and cyber insurance for enterprises, we’re setting a new standard for how cyber solutions should work after an attack,” said Gene Yu, CEO of Blackpanda.
Building Cyber Resilience for the Future
By combining Globe Business’s trusted ICT ecosystem with Blackpanda’s digital forensics and incident response expertise, enterprises now have access to world-class, AI-ready cybersecurity that fits the local market.
For Philippine companies navigating digital transformation, this collaboration offers a clear path to reduce cyber risk, protect customer trust, and maintain business continuity, without breaking the bank.
To learn more about strengthening your cybersecurity posture, visit www.globe.com.ph/business
