Palo Alto Networks, one of the world’s top AI cybersecurity companies, hosted the 'Ignite on Tour Vietnam 2025' event in Hanoi on May 22, focusing on the transformative role of AI in Vietnam’s cybersecurity landscape.
The event brought industry leaders and cybersecurity professionals together to explore how Palo Alto Networks is revolutionising digital defence to ensure stronger protection against AI-driven attacks.
"AI is redefining the competitive landscape for businesses across the region, unlocking innovation at unprecedented speed. However, it is also transforming the threat landscape, enabling faster, more sophisticated, and more targeted cyberattacks," said Simon Green, President, Asia-Pacific and Japan, Palo Alto Networks.
"To stay ahead, organisations must make a shift towards smarter, AI-driven platforms that can anticipate and neutralise threats in real time. This pivot is essential to keep pace with the constantly evolving threat landscape."
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Simon Green, President, Asia-Pacific and Japan, Palo Alto Networks |
According to the 2025 Unit 42 Global Incident Response Report by Palo Alto Networks, 86 per cent of 500 major cyber incidents last year caused operational downtime, reputational damage, or financial loss, with 70 per cent involving three or more attack surfaces, including endpoints, networks, and cloud environments.
Green revealed over 659,000 cyber incidents were reported in Vietnam in 2024 alone, with nearly half of organisations experiencing at least one cyberattack. Alarmingly, 14.6 per cent of these organisations faced ransomware attacks, highlighting the escalating sophistication of cyber threats. As Vietnamese firms increasingly adopt multi-cloud strategies, securing complex attack surfaces has become more urgent.
"Vietnam’s rapid digitalisation, especially in sectors like fintech, e-commerce, and manufacturing, is creating exciting new growth opportunities, but it also presents a broader attack surface for cyber threats," said Hoang Quang Huy, country manager, Vietnam, Palo Alto Networks.
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Hoang Quang Huy, country manager, Vietnam, Palo Alto Networks |
"Many Vietnamese organisations are still in the early stages of their digital transformation and require strong, intelligent security foundations. At Palo Alto Networks, we’re committed to supporting Vietnam’s digital economy with AI-powered cybersecurity that is both proactive and adaptive. Our 'Precision AI' technology reflects this commitment by delivering autonomous, predictive security that enhances threat detection, prevention, and response to help build a safer digital future," he added.
Minister of Finance Nguyen Van Thang held a meeting with Palo Alto Networks on May 21, where Minister Thang spoke of how the Ministry of Finance (MoF) is currently operating numerous large-scale, nationwide digital applications, many of which are classified at Level 4, the second-highest level on a five-tier national information security scale.
Looking ahead to the 2025-2030 period, the MoF plans to tackle major digital transformation challenges across the financial sector. These efforts will follow a unified architectural framework, encompassing digital infrastructure, digital applications, and digital data, all underpinned by strong cybersecurity.
"The MoF comprises a wide array of departments and affiliated units, each with significant demand for digital technology solutions. This presents an excellent opportunity for the Ministry and Palo Alto Networks to deepen cooperation through specific projects that serve our shared interests. Importantly, cybersecurity products and services for the ministry are not only crucial to internal operations but also to public service delivery for citizens and enterprises nationwide," said Minister Thang.
In response, Green reaffirmed Palo Alto Networks’ commitment to bringing the most advanced and up-to-date cybersecurity solutions to the Vietnamese market, particularly to the MoF, via ETC Technology Systems Corporation. He also expressed a strong desire to contribute to balanced trade relations between Vietnam and the US.
"Drawing on our experience working with countries such as Japan and Australia, Palo Alto Networks is fully capable of providing the Ministry of Finance with the most effective solutions to build secure and resilient systems for tax, customs, treasury, and statistics agencies," Green said.
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