Cyber Magazine May 2022 | Page 97

“ The capabilities and resources of each company within the group can be leveraged for the benefit of the other , so that ’ s the beauty of it – recognising that each company is contributing to the overall fulfilment of the direction and profitability of the parent company ”
MERALCO
Combining Meralco ’ s overlapping enterprises The company ’ s operations cover such areas as construction and logistics , telco , energy , and FinTech – but how exactly do each of these tie together ?
“ The capabilities and resources of each company within the group can be leveraged for the benefit of the other , so that ’ s the beauty of it – recognising that each company is contributing to the overall fulfilment of the direction and profitability of the parent company ,” explains Migriño .

“ The capabilities and resources of each company within the group can be leveraged for the benefit of the other , so that ’ s the beauty of it – recognising that each company is contributing to the overall fulfilment of the direction and profitability of the parent company ”

MEL MIGRIÑO VP AND GROUP CISO ,
MERALCO
“ An example would be Bayad , which is actually our Payments and FinTech arm within the group ,” says Migriño . “ So the integration there is practical , providing a seamless experience where customer payments are processed through digital platforms , which can be processed in real-time .”
When discussing securing the combination of the Internet of Things ( IoT ) with the industrial side of the business , Migriño goes on to explain the use of a smart grid .
“ It consists of digital substations , numerous sensors – even on your controller – and an advanced metering infrastructure for
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