PT&T partners with cybersecurity firm

PHILIPPINE TELEGRAPH and Telephone Corp. (PT&T) is boosting its enterprise business by teaming up with security solutions firm 5G Security, Inc. (5GS) to offer cybersecurity services to its customers.

In a statement over the weekend, the listed company said it recently signed a partnership with the solutions provider in support of the government’s National Cybersecurity Plan 2022.

“The DICT’s (Department of Information and Communications Technology) Cybersecurity Plan of 2022 outlined the need to make government, business and individual information secure and available. A true end-to-end security setup is realized with the 100% fiber network of PT&T and the cybersecurity expertise of 5GS,” it said.

One of the goals of the government’s cybersecurity plan is to establish cyber resiliency measures that would prepare the country for any cyber attack.

PT&T named a few of the hardware and software solutions 5GS offers, such as a multidimensional security system, ground security, medium and low airspace protection, computer network and online protection, security visualization and security operations center.

“PT&T’s partnership with 5GS couldn’t be more timely. Cybersecurity is essential in today’s world where the number of transactions in the web are increasing,” PT&T President and Chief Executive Officer James G. Velasquez said in the statement.

For 5GS, its senior vicepresident and chief operations officer, Leuvino Valencia, was quoted as saying, “The strength and reliability of our services will complement PT&T’s products and services.”

Last year, PT&T announced it wants to transform into a digital services provider that offers telecommunications and information technology (IT) services.

In line with this objective, the company appointed last week Ella Mae Ortega as new General Manager for IT Services. Ms. Ortega was country manager of Teradata Philippines for five years prior to joining PT&T.

The listed firm posted a 193% increase in net income at P25 million for the full year ending June, driven by a 62% growth in revenue to P201 million. —