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DICT eyes WB, South Korea financial aid for cybersecurity
The Philippine Star
|March 18, 2024
The Department of Information and Communications Technology (DICT) is eyeing getting a World Bank (WB) loan or overseas development assistance (ODA) from South Korea to embark on an aggressive buildup of the country’s cyberspace defense, connectivity and data center infrastructure.
Jeffrey Ian Dy, ICT undersecretary for cybersecurity, connectivity and upskilling, said that for the year, they have an allocation of approximately P300 million to pursue initiatives on improving the country’s cybersecurity posture.
“But we are also being offered ODA of $20 million by (South) Korea. We are also studying a $40 million loan by World Bank for our cybersecurity requirements,” Dy told The STAR over the weekend.
यह कहानी The Philippine Star के March 18, 2024 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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