EY, a global leader in assurance, tax, transaction and advisory services, recently announced the launch of its frontline cybersecurity center in Manila.
This multimillion facility sits out of EY’s Global Delivery Services (EY GDS) and would be a revolutionary expansion of the global cybersecurity services, playing an important role to reaffirm EY’s leading position in helping organizations mitigate cyber risks and strengthen cyber resilience.
“We operate in a vast digital landscape and cyber risks are evolving. Attackers could hit us on machine speed, while many organizations are still responding on human speed. Our new GDS Manila cybersecurity center is strategically built to continue to raise awareness and defences through the latest technology and innovation against emerging threats as we develop forward-looking cybersecurity services for EY clients,” said Maria Elizabeth de Guzman, GDS cybersecurity location leader.
The facility offers highly automated security services that are supported by intelligent automation. Examples include triaged incident response services, threat hunting and threat protection powered by security orchestration, automation and response, said EY GDS.
“EY continues to invest significantly in the buildout of its Manila Center. The launch of our state-of-the-art Manila Cybersecurity Operations Center would help us address the security needs of both Global and APAC (Asia-Pacific) clients of EY,” said Arun Batra, EY GDS advisory leader. “ This is closely linked to the GDS cybersecurity facilities in India, Poland and China and other EY cybersecurity centers like Singapore, Melbourne and Dallas.” With increasing digitization and a highly networked global world, and the continuous talent gap, our Manila center would play a key role in helping bridge the demand-supply gap of cybersecurity professionals.
EY pointed to its own security survey which found 77 percent of organizations operate with limited cybersecurity and resilience, while 87 percent say they do not yet have sufficient budget to provide the levels of cybersecurity they want.
“Philippines and cybersecurity are two of our biggest growth drivers within EY GDS. The new state of the art center would help us generate more employment opportunities in Manila. It is completely equipped to defend security threats for EY clients in the digital world,” said Vinod Jayaprakash, GDS cybersecurity leader.