• Widening
gap between cashless uptake and lax consumer cybersecurity habits can threaten
businesses and economy with greater risk of financial fraud and economic losses
• Innovation
needs to rest on a robust network architecture built on speed, intelligence and
‘zero trust,’ urges VMware as it announces its networking vision and
next-generation architecture built with pervasive connectivity, intrinsic
security for hyper-distributed apps and data, regardless of cloud environment
According to VMware, Inc. (NYSE: VMW), a leading
innovator in enterprise software, the new VMware Banking Consumer 2020 Study
reveals that more than a third (39%) of consumers in the Philippines surveyed
do not take proper measures to secure their financial data, using the same passwords
for some to all of the services and apps that contain their personal payment
data.