Indeed Identity took an interview of Mr Leo Querubin, the Executive Director for Business Development of Pointwest Technologies Corporation, the trusted partner of Indeed Identity and the leading cybersecurity company which provides enterprise-grade solutions for its customers.
1. Dear Leo, please share your opinion about the cybersecurity situation in the Philippines. What challenges can you name?
There is a high awareness of cybersecurity in the Philippines, both in the public and private sectors. From a legal perspective, the Philippines has passed cybersecurity-related laws to protect both users and suppliers.
Due to the very secretive nature of cybersecurity, the exact number of public and private companies that have had cybersecurity exposures is not known. But there are a number of well-publicized hacks, such as the Bangladesh Bank cyber heist which happened in February 2016. US$81 million was illegally transferred to a Philippine bank from the central bank of Bangladesh account at the Federal Reserve Bank of New York.
In the public sector, a much-publicized hack was the breach of the Philippine Commission on Elections voters’ data. Also in 2016, information on 55 million registered voters, which included passport numbers and expiry dates were exposed to the public.
These incidences have heightened the public’s awareness of cybersecurity in the country. Unfortunately, the awareness stops at the ground level. High management may be fully aware and follow cybersecurity protocols but the urgency and importance sometimes do not cascade down to the employees. There still needs to be behavioural changes in cybersecurity attitudes. The products of Indeed Identity, like Indeed Access Manager, a software for strong and multi-factor authentication (MFA), can provide the structural changes that force everyone to follow necessary cybersecurity procedures.
2. How does Pointwest help organisations to strengthen their cybersecurity?
Pointwest is one of the accredited VAPT providers of the Department of Information and Communications Technology (DICT) and it has conducted VAPT services to several organizations in the country. Pointwest leverages this extensive experience and shares this knowledge by organizing webinars on various topics, including cybersecurity.
3. Could you please tell us about your impression from the partnership with Indeed Identity?
Indeed Identity has unique products and solutions that augment the services offered by Pointwest. This synergy provides more value to our clients.
4. How do you address the cybersecurity challenges together with Indeed Identity?
We will have joint go-to-market strategies with Indeed Identity to establish thought leadership in the market. These can include webinars and joint demo presentations to the clients.
Pointwest and Indeed Identity will also have joint account engagements, strengthening Indeed Identity’s position as a global cybersecurity partner, with Pointwest as the local implementor.
5. What benefits can the company gain due to the Pointwest and Indeed Identity collaboration?
Customers get the best of both worlds – the world-class cybersecurity products of Indeed Identity and the experience and expertise of the local cybersecurity landscape of Pointwest.
Indeed Identity CEO, Mr Alexey Baranov:
I would like to express my thanks to Mr Leo Querubin for this interview and the warm words about Indeed Identity. I deeply appreciate the partnership with Pointwest and believe that our tandem will benefit Philippine companies and organisations and protect them from external and internal cyber threats.
We are continuing to extend our presence in the region and see a high need for cybersecurity products, such as MFA and KYC in the Philippines, especially from government and financial institutions. Currently, we are involved in a number of large and national-scale projects in the Philippines. Our customers see great value in the quality and reliability of Indeed Identity products. They appreciate the operativity of our technical support and the ability to quickly customize products as well as flexibility in terms of pricing and licensing policies.
Having an office in Singapore, we are close at hand and always ready to provide necessary assistance to our clients and partners.