PSSLAI Teams With IBM Security to Deal With Cyber Threats

With increasing cyber-attacks, the Public Safety Savings and Loan Association, Inc. (PSSLAI) has collaborated with IBM Security to give security services and safeguard investments and financial transactions for over 280,000 members from cyber fraud and digital criminal activities.

IBM has stated that PSSLAI is currently serving its constituents through their loan and saving products by leveraging IBM’s innovative Managed Security Services program to aid their threat detection and response readiness.

PSSLAI serves as the leading loan and savings institution in the public safety sector, including the Bureau of Fire Protection,  Philippine National Police, Philippine Public Safety College, and the Bureau of Jail Management and Penology.

PSSLAI has likewise mentioned that IBM Security was approached for its expertise in security, real-time detection, response capabilities, and security solutions.

“Early detection and effective incident response are key to reducing the impact from cyberattacks and the subsequent cost from both business and consumer loss. PSSLAI is delighted to put all these capabilities in place to secure our consumers’ best interests,” states Chief Information Officer of PSSLAI, Warren Herrero.

“Centralized visibility and intelligent security analytics capabilities can help us proactively detect, investigate and respond to critical cybersecurity threats in a timely manner.”

PSSLAI plans on collaborating with IBM in crafting the design, build, and management of a comprehensive security program made to improve security and resiliency.

The Managed Security Service program of IBM gives insights for PSSLAI to hone security through upgraded methods in risk, vulnerability, and threat management.

Source: Manila Bulletin