FILE PHOTO: A hooded man holds a laptop computer as cyber code is projected on him in this illustration picture taken on May 13, 2017. REUTERS/Kacper Pempel/Illustration

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In the coming year, companies must ensure their firewalls are strong enough to fend off digital attacks targeting their cloud where they store critical corporate and employee data, cybersecurity firm Fortinet warned.

In its 2025 Cyber Threat Predictions Report, Fortinet said the cloud was “increasingly piquing the interest of cybercriminals.”

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“Given that most organizations rely on multiple cloud providers, it’s not surprising that we’re observing more cloud-specific vulnerabilities being leveraged by attackers, anticipating that this trend will grow in the future,” it added.

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Cloud technology has been supporting hybrid work setup, a trend that has risen during the pandemic after mobility was heavily curtailed. It makes documents, files and applications readily available for employees via devices like laptops, smartphones and tables.

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“While fundamental safeguards like multi-factor authentication can help prevent unauthorized access to data in cloud application environments, cybersecurity measures like these are sometimes overlooked as organizations rush to embrace digital evolution,” Fortinet explained.

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The disruption in operations caused by cyberattacks is detrimental to the business due to spending related to retrieval of their data or system, in addition to opportunity costs because of the down time.

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In the Philippines, companies dealt with 846,837 web threats in the first half, according to a report by Kaspersky.

Southeast Asia saw a total of over 26 million web attacks for the period. Most of these were logged in Malaysia with 19.6 million threats, followed by Indonesia with 3.2 million. INQ

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Based on data from the Department of Trade and Industry (DTI), 511,819 new business registrations and renewals were from wholesale and retail trade followed by accommodation and food service with 129,615, manufacturing with 52,316, and real estate with 45filiplay,997.