Despite hacks, Philippine cyberspace still ’safe’ but for how long?

The Philippines has been slowly sliding from the list of most vulnerable countries against cybercriminals, according to at least two separate reports from Internet security companies.

A report by Kaspersky Labs for the second quarter of 2010 indicated that the Philippines was knocked off the 19th place for being the most attacked country in the world by cybercriminals, replaced by Bangladesh.

Cybercriminals have somewhat lost some interest in using the Philippines as a host for their Internet attacks lately. Kaspersky ranked the Philippines in 18th place in the second quarter this year for hosting malicious applications, up from eighth place in the first quarter.