CAMBODIA: E-commerce firms should strengthen their systems against cyberattacks since criminals see them as a “huge target” due to their large databases, cybersecurity experts said. He said that his home soil, South Korea, had a mature e-commerce market but “they suffer from cyberattacks because they have a lot of consumer information.”“These customers’ information can be [turned into]money…. The same could happen in the Philippines’ e-commerce sector given the growing demand for digital transactions among Filipinos, he added. Just this year, the industry witnessed data breaches and vulnerabilities involving online delivery and online shopping sites of fast-food chains and a broadcast giant. An e-commerce [transaction]is done from one PC to whatever e-commerce website.

Source: Manila Times September 21, 2018 16:37 UTC