personal data decree poses compliance challenges

Personal data decree poses compliance challenges

Robert Trong Tran, partner, EY Vietnam Cybersecurity Services Co., Ltd.; and Thach Thi-Cam Tran, senior manager, EY Law Vietnam Limited Liability Company, delve into the challenges businesses are facing over enforcement of Decree 13 on personal data protection, and suggest recommendations to cope with compliance challenges.
few organisations prepared for cyber threats cisco

Few organisations prepared for cyber threats: Cisco

Only 6 per cent of organisations in Vietnam have the ‘Mature’ level of readiness needed to be resilient against modern cybersecurity risks, according to Cisco’s 2024 Cybersecurity Readiness Index released on March 28.
fortinet and samsung heavy industries sign mou on maritime cybersecurity

Fortinet and Samsung Heavy Industries sign MoU on maritime cybersecurity

On March 27, Fortinet, the global cybersecurity leader driving the convergence of networking and security, and Samsung Heavy Industries, a global leader in maritime shipbuilding, announced the signing of an MoU for cooperation in the maritime cybersecurity of ships.
empowering women in tech shattering cybersecurity ceilings in vietnam

Empowering women in tech: shattering cybersecurity ceilings in Vietnam

In a discussion with VIR's Celine Luu, Deepa Kuppuswamy, director of security at ManageEngine, highlighted the evolving landscape of cybersecurity and the increasing role of women in tech.
truong my lan family sells hong kong building for 820 million

Truong My Lan family sells Hong Kong building for $820 million

The family of Truong My Lan – the founder of Van Thinh Phat Group, has reportedly sold a prime Grade A office building in the heart of Hong Kong to an entity associated with Taiwanese technology magnate Steve Chang, founder and chairman of Tokyo-listed cybersecurity firm Trend Micro Inc.
rules for localisation of data need clearer guidance

Rules for localisation of data need clearer guidance

In past years, we witnessed the great efforts Vietnam has put into building a regulatory framework for digital technologies. Less than two years ago, the government issued Decree No.53/2022/ND-CP guiding the implementation of the Law on Cybersecurity (LoC), detailing regulations on data localisation in Vietnam.
asean japan to beef up ai cybersecurity cooperation

ASEAN, Japan to beef up AI, cybersecurity cooperation

The Association of Southeast Asian Nations (ASEAN) and Japan are planning to work together on cybersecurity and systems for managing and operating artificial intelligence (AI), based on a draft plan on deepening their relationship.
banks grasp practicalities of open api

Banks grasp practicalities of open API

Some Vietnamese lenders are increasingly adopting open API technology to enhance the customer experience and streamline services, amidst rising concerns over cybersecurity in the open banking ecosystem.
opswat signs strategic partnership with cmc cyber security

OPSWAT signs strategic partnership with CMC Cyber Security

OPSWAT, a global leader in critical infrastructure protection and cybersecurity solutions, on December 7 opened a new office in Hanoi, and signed a strategic partnership agreement with CMC Cyber Security Co., Ltd., making new moves to expand its footprint in Vietnam.
vbex 2023 conference drives interest in innovation and digitalisation

VBEx 2023 Conference drives interest in innovation and digitalisation

Technological innovation, AI, AR, VR, digital payments, cross-border data flows, and cybersecurity were discussed in relation to various industries at the Vietnam Business Exchange (VBEx) Conference 2023.
plan approved to develop national data centre

Plan approved to develop National Data Centre

The Government on October 30 approved a development plan on the National Data Centre, expected to help Vietnam reach higher positions in the global e-Government, information technology, and cybersecurity rankings.
fortinet expands its global sase points of presence with google cloud

Fortinet expands its global SASE Points-of-Presence with Google Cloud

Fortinet, the global cybersecurity leader driving the convergence of networking and security, on October 16 announced the expansion of its SASE Points-of-Presence (POPs) to new locations through a partnership with Google Cloud.
three advanced cybersecurity technologies for banks financial services

Three advanced cybersecurity technologies for banks, financial services

Three zero-trust security technologies for banks, financial service organisations, and insurance companies were introduced at the Smart Banking 2023 international conference and exhibition held in Hanoi on October 6 to help them comply with stringent information security regulations.
fortinet shares ransomware prevention best practices

Fortinet shares ransomware prevention best practices

Data is often the most valuable asset of a company and without proper protection against ransomware, employees and businesses alike are at risk of losing access to critical information. Therefore, it is essential to implement a ransomware protection strategy that includes cyber hygiene best practices.
navigating a stricter data privacy legal landscape

Navigating a stricter data privacy legal landscape

As the first comprehensive personal data protection legal framework in Vietnam is about to become effective, businesses are scrambling to comply. Michael Beckman, partner at EY Law Vietnam, and Robert Tran, partner at EY Vietnam Cybersecurity Services, discover the impact of the regulations on the financial sector and what to do to build a culture of personal data privacy.
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