Soon we will be paying more for digital services, even internet identifier like domain names can be included, and that's a definitive VAT. In PH it's equivalent to 12%. Although, we still have to see invoice for domain names registration and renewal fees being added with VAT. You should be getting reminders from your local and international service providers to key-in your tax details, if you haven't yet done so. We must say, this is especially for those who had to directly acquire digital services with the source and not through local resellers. If you've been dealing with local resellers, your digital services may probably have been subjected with, and had added, VAT included in your payment ever since. You should be, but you have to check it. For online local retailers, you may have been VAT registered and paying your taxes with or without that digital tax. Don't take this as an advice and ascertain it with your accountant to be sure.
Anybody can learn what this means. Even if they are employed or not by an organization. But those employed should have known as soon as they have become susceptible to incidents, or from external and foreign actors, cyber attacks. Those from outside of the organization, who can realized, as soon as they see or visited, say a website, would tell themselves, this is about to unfold trouble, big time. The word big time is that privacy regulators in many jurisdictions have become very active in their campaign asking, no they are requiring, organizations to protect their systems most especially if it contains personal and sensitive data. And when they failed, there is that penalty. But what organizations must consider on top of everything is its reputation to uphold and protect privacy of systems (production wise) and the data that contains in it. When IT/OT have become vulnerable, it would show that these devices or systems are lacking with the following: No functioning SSL/TLS for website...