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The Reality Of Governments Racing To Spend On Cybersecurity

The Reality Of Governments Racing To Spend On Cybersecurity

Submitted by • February 14, 2020 www.cybersecasia.net

Our Philippines correspondent reports how governments are now spending big money on cybersecurity as the norm, not as an exception.

In the Philippines, the use of confidential funds amounting to $5,894,297.00 for surveillance on possible cybersecurity threats is front-page news. A commentary published in a leading broadsheet asked why the DICT even has “confidential funds.” The real question, though, is whether cybersecurity merits that amount of money.

In truth, in terms of other governments spending on cybersecurity, $5,894,297.00 is small potatoes.

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