17 Jan PT&T secures integral role in ACEN’s cybersecurity enhancement with IBM Security
(L to R): Mico Cornejo – ACES General Manager and Vice President, Miguel de Jesus – ACEN Chief Operating Officer of Philippine Operations, Christine Llanto-Ravelo – IBM Philippines Principal Software Sales Manager, and James Velasquez – PT&T President and CEO
PT&T Corp. (PSE:PTT) assumes a pivotal role in strengthening ACEN’s (PSE:ACEN) cybersecurity as its Infra Security Team initiates the IBM Security implementation project to support the Information and Event Management (SIEM). Utilizing a diverse set of tools for information security, the team prioritizes the enhancement of its security posture.
In collaboration with industry leaders IBM and Technopaq, PT&T, acknowledged as the preferred solution provider by ACEN, successfully navigated and completed the SIEM Proof of Concept (POC) integration list for ACEN. This accomplishment played a decisive role in securing the realization of this transformative project.
Expressing gratitude for this distinction, PT&T President and CEO, James Velasquez, remarked, “We are honored to be chosen for this initiative, underscoring our unwavering commitment to delivering top-notch IT services, especially in the realm of cybersecurity.”
ACEN Chief Operating Officer of Philippine Operations, Miguel de Jesus, highlighted the strategic importance of implementing SIEM solution. “This is a critical step forward in fortifying ACEN’s cybersecurity defenses. IBM’s technological proficiency coupled with PT&T’s expertise during implementation, is integral to safeguard ACEN’s digital infrastructure. Such partnerships are essential for protecting the critical infrastructure of the Philippines, allowing us to continue delivering safe, reliable, and ever-cleaner energy.”
“This collaboration with PT&T underscores our commitment to empower organizations like ACEN in staying ahead of rapidly changing cybersecurity threats with highly-integrated solutions powered by artificial intelligence,” said IBM Philippines Principal Software Sales Manager Christine Llanto-Ravelo. “This IBM Security QRadar SIEM implementation demonstrates how we have invested in enabling ACEN through security capabilities that provide greater speed, scale, and accuracy across its operations in line with its business goals.”
Echoing this sentiment, ACE Shared Services Inc. (ACES) General Manager and Vice President, Mico Cornejo, expressed confidence in the projected security enhancements, saying: “We are confident that PT&T’s seamless integration of IBM’s solution will provide us with an elevated level of protection against emerging cyber threats. This is a testament to our collective diligence in safeguarding our digital assets and maintaining the integrity of our operations.”
This collaborative endeavor positions ACEN as a proactive force in safeguarding digital assets against evolving cybersecurity challenges.
Disclaimer on Forward-looking Statements and Information: This disclosure contains forward-looking statements and forward-looking information in accordance with applicable laws in the Philippines. These statements and information are based on the current expectations, estimates, and assumptions of our management regarding future events. They are subject to certain risk factors and uncertainties, including those beyond our control, which may cause the actual results, financial situation, or performance to differ materially from the estimates or developments implied in these forward-looking statements. We undertake no obligation to update these forward-looking statements to reflect actual results, changes in assumptions, or changes in other factors affecting such statements, as required by Philippine laws and regulations.
About ACEN (PSE:ACEN)
ACEN is the listed energy platform of the Ayala Group. The company has ~4,500 MW of attributable capacity from owned facilities in the Philippines, Australia, Vietnam, Indonesia and India, with a renewable share of 98%, which is among the highest in the region.
ACEN’s aspiration is to be the largest listed renewables platform in Southeast Asia, with a goal of reaching 20 GW of renewables capacity by 2030. ACEN is committed to transition the company’s generation portfolio to 100% renewable energy by 2025 and to become a Net Zero greenhouse gas emissions company by 2050.
About PT&T Corporation (PSE:PTT) Incorporated in 1962, PT&T (previously known as Philippine Telegraph & Telephone Corp.) is a diversified telecommunications and information technology services provider. The Company caters to corporate, small/medium business, and residential segments across the Philippines. PT&T continues to specialize in adapting its services to the needs of enterprise and institutional end users. At present, PT&T’s business activities are categorized into two major businesses: Connectivity and IT Services.
Currently, PT&T has a network reach of 28,200 fiber kilometers in high-growth areas, covering almost 40% of the total Philippine population. The Company holds a 25-year National Legislative Franchise which allows it to establish, maintain, and operate both wired and wireless telecommunications systems for domestic and international communication. PT&T is a publicly listed company in the Philippine Stock Exchange.