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Manila Times Business

Coro and PwC Italy Partner to Help Automate Cybersecurity and NIS2 Compliance for Businesses of all sizes

Strategic alliance combines PwC Italy’s advisory expertise with Coro’s AI-native cybersecurity platform to help organizations democratize cybersecurity and meet evolving regulatory requirements NEW YORK, July 23, 2026 (GLOBE NEWSWIRE) -- Coro, the leading cybersecurity platform purpose-built for organizations with Lean IT teams, today announced a strategic partnership with PwC Italy. The partnership aims to help organizations located in Italy automate and democratize cybersecurity operations whi

Context & Analysis

European regulators have moved cybersecurity from a technical back-office concern to a core compliance requirement. The NIS2 directive expands mandatory security standards across supply chains, meaning any company selling to or partnering with EU firms must demonstrate robust threat monitoring, incident reporting, and risk management. For Philippine exporters, IT-BPM providers, and manufacturers embedded in European value chains, this shift is already reshaping procurement criteria and contract negotiations.

The local regulatory landscape is following a similar trajectory. The Securities and Exchange Commission now requires listed companies to disclose cybersecurity risks, while the Bangko Sentral ng Pilipinas maintains strict operational resilience rules for financial institutions. The Department of Trade and Industry and the Cybercrime Division have also emphasized data protection as a baseline for digital trade. What distinguishes the current phase is the move toward automation. Many Philippine small and mid-sized enterprises still rely on fragmented tools and manual audits, which strain limited IT budgets. Platforms that bundle advisory guidance with automated compliance tracking allow lean teams to meet international benchmarks without hiring specialized security staff.

For Filipino business owners, the practical takeaway is straightforward. European buyers will increasingly treat cybersecurity posture as a non-negotiable vendor qualification, similar to financial stability or ESG reporting. Companies that delay upgrading their security frameworks risk losing tenders, facing higher insurance premiums, or triggering breach liabilities under the Data Privacy Act. This industry shift reflects a broader trend: compliance is becoming standardized, software-driven, and accessible to organizations outside traditional enterprise IT circles.

What to watch next is how Philippine regulators and industry groups respond to these international benchmarks. Expect tighter alignment between local data protection rules and EU standards, more integration of automated security tools in digital business programs, and increased scrutiny from banks and insurers on client risk profiles. Firms that treat cybersecurity as a continuous operational metric rather than a periodic audit will navigate this transition with lower friction and stronger export competitiveness.

Analysis by IJE Software — original commentary on the story above.

This is an excerpt. Read the full article at the original source:

Source: manilatimes.net

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