As the Philippines accelerates digitalization and expands critical infrastructure, the British Chamber of Commerce of the Philippines (BCCP) is urging faster movement on cybersecurity reforms while highlighting growing market opportunities for both local and international players in the sector.

The push comes alongside the rollout of the National Digital Connectivity Plan (NDCP) and the implementing rules and regulations (IRR) of E-governance Act.

Executive Vice Chairman Chris Nelson said the chamber still continues to push for the passage of the bill, saying that “it needs to move forward,” highlighting the need to institutionalize a national cybersecurity framework, especially as geopolitical tensions increasingly spill into the digital space.

The chamber’s recent event also gave its attention to the conflict in the Middle East not only as a geopolitical concern but also an issue in the digital space. This highlights how cyberattacks can disrupt essential services.

At the same time, cybersecurity is increasingly being recognized as a key investment driver.

The Department of Information and Communications Technology noted that it is no longer just a technical requirement but a core consideration in infrastructure development, project risk assessment, and public-private partnerships.

The chamber underscored that strengthening cybersecurity will not only protect critical infrastructure but also sustain investor confidence and enable the country’s transition toward a secure digital economy.

See original article here.