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Subscribe to
The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

AUTOMATIC RENEWAL REMINDER

  • Your payment method will then be automatically charged ₫ 899.000 every 365 days thereafter.
  • Your subscription will continue until you cancel.
  • You can cancel by using My account. Under My account, select "Unsubscribe" and then follow the instructions to cancel.
  • You can notify us of your intent to cancel at any time during your billing period. Cancellations take effect at the end of your current billing period.
28.9 C
Ho Chi Minh City
Monday, January 13, 2025

Cybersecurity risks rise as digital transformation gathers pace

The Saigon Times

Must read

HCMC – Vietnam’s digital transformation is accelerating, which will put the nation’s digital infrastructure at risk, said cybersecurity experts.

During the recent CIO CSO Summit 2023 in Hanoi, Nguyen Son Hai, CEO of Viettel Cyber Security (VCS), warned that many organizations and businesses are often unaware that they might be attacked by hackers.

Data from Viettel Threat Intelligence showed that, so far this year, 12 million accounts in Vietnam have been compromised, and 48 million data records belonging to individuals and organizations have been leaked and sold on the internet. VCS also identified 5,800 domains engaged in financial scams to steal user assets.

Tran Dang Khoa, deputy director of the Authority of Information Security under the Ministry of Information and Communications, stressed the importance of responding to cyber threats swiftly and effectively. Cybersecurity is vital and mandatory in the operations of businesses and organizations, he noted.

Khoa also recommended addressing identified risks as a priority before investing in protection against emerging threats, and equipping staff members with cybersecurity knowledge and skills to effectively safeguard information systems.

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