Ensuring information security is increasingly important as more online transactions are made. However, the budgets for information security allocated by financial institutions remain modest. Inappropriate investments Seventy percent of institutions reserved 5-15 percent of their annual IT budgets for information security. However, 30 percent of credit institutions reserved less than 10 percent of budgets. “The figure would increase in the future. When the number of online users booms, the investment cost for the system will have to be higher,” he said. Thang went on to say that ‘security’ and ‘safety’ here not only means preventing intrusion from outside into the internal system, but also means ensuring the smooth operation of the entire system. To digitize, banks must be safe Kim Chi … [Read more...] about How much should VN customers spend on information security solutions?
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A Facebooker in Thua Thien-Hue Province has been fined VND5m (USD217) for posting false information about the Covid-19 infections in the area. Thua Thien-Hue Facebooker fined for spreading false information The inspectorate of the Department of Information and Communication collaborated with the police in Thua Thien-Hue Province to work with the admin of the Hue-S Facebook page. The admin was reported for his posts announcing several Covid-19 cases in the area without locations, time and clear information which caused confusion. "This afternoon, 45 new locally-transmitted Covid-19 cases were confirmed together with 39 imported cases," he wrote in one of the posts. At the police station, the admin admitted to posting information that caused confusion amid a new Covid-19 outbreak. He promised to take down the posts, issue an apology and not repeat such behaviour again. He was fined VND5m following Decree 15 about administrative violations in the field of … [Read more...] about Facebooker fined for spreading false information on Covid-19
Five per cent of active SIM cards in the Vietnamese market are suspected of not having accurate information. — Photo Vietnamplus.vn The number of spam messages and calls have dropped since the Government issued new regulations, but there has been a slight spike of unwanted communications recently. Decree 91/2020/ND-CP was issued to combat spam messages, spam emails and spam calls. But in recent times there has been an increase. The COVID-19 pandemic saw more unscrupulous companies taking advantage of phones, messages and social networks to introduce more scams and fraudulent advertising. Nguyen Doan Son, a security consultant at the Vietnamese Security Network (VSEC), said that one of the reasons leading to spam ads is information of users being revealed. Many users access websites or install unsafe applications, therefore, personal information is easily leaked, he said. Son shared that if users used hi-tech equipment to exploit information, hackers could steal the … [Read more...] about Advertising information mixed with deceptive content
Danang to slap harsh fines on those spreading false Covid-19 information The Saigon Times Police officers summon an owner of a phone repair shop in Danang City for questioning after he was found to have spread a falsified Covid-19 test result on social media. A fine of up to VND30 million will be slapped on those who disseminate fake and incorrect news and information about Covid-19 in Danang City – PHOTO: TNO HCMC – A fine of up to VND30 million will be slapped on those who disseminate fake and incorrect news and information about Covid-19 in Danang City. Nguyen Quang Thanh, director of the Danang Department of Information and Communications, on May 5 signed a dispatch on the use of social media platforms, warning against spreading baseless and incorrect information about the disease. Several organizations and individuals have recently posted and spread information over the situation of Covid-19 in Danang City on social media, violating the prevailing regulations. … [Read more...] about Danang to slap harsh fines on those spreading false Covid-19 information
The event was co-hosted by VAVA President Senior Lieutenant General Nguyen Van Rinh and Deputy Commander of Army Corps 12 Senior Colonel Nguyen Phuc Hau. Speaking at the conference, General Rinh briefed participants on VAVA’s remarkable activities this year and key events to celebrate the 60th anniversary of the Agent Orange disaster in Vietnam, including the 4th congress to honor AO/dioxin victims with outstanding achievements, an international seminar on AO-related diseases and treatment, and a meeting to mark the 60th anniversary of the AO disaster in Vietnam. Also, he added that the leadership of Army Corps 12 should direct relevant agencies and units to boost the dissemination of information about the AO disaster and great efforts of the Party, the State, and Army Corps 12 in overcoming post-war toxic chemical consequences while working with military hospitals and medical establishments to conduct social activities to help AO/dioxin victims, namely providing them with free … [Read more...] about VAVA, Army Corps 12 coordinate to disseminate AO/dioxin victims-related information