Reinforcing defenses for Industry 4.0
According to Bkav Corporation’s latest summary on cybersecurity in Vietnam, in 2018 the country suffered VND14.9 trillion ($647 million) in damages from computer virus attacks, equal to 0.26 per cent of GDP and 21 per cent more than in 2017.
In addition, the survey also showed that 60 per cent of local agencies and businesses were struck by ransomware. Specifically, malware seized control of an average of six out of every 10 enterprises and agencies.
The figures show that even with the Law on Cybersecurity coming into effect, improving information security remains a major problem for the local government.
More than 1.6 million computers lost data in 2018, according to Bkav’s survey, clear evidence for gaps in the local government’s security system. Moreover, in 2017 and 2018, a total of 15,700 cybersecurity vulnerabilities were discovered, 2.5-times higher than in previous years. Many serious attacks were against popular software like Adobe Flash and Microsoft Windows.
Even as security patches are issued swiftly, it takes up to five days to deal with security gaps, according to the Cisco 2018 Asia-Pacific Security Capabilities Benchmark Study.
In fact, information security in Vietnam is weak. The latest Global Cybersecurity Index stated that Vietnam ranked 101th, much lower than neighbouring countries like Singapore (first), Malaysia (third), Thailand (20th), and Laos (77th).
Discussing the issue with VIR, Ha The Phuong, deputy CEO and Information Security Service director of CMC InfoSec, said, “Lacking synchronisation and no strategies to develop long-term technology investment have brought too many suppliers to the market, which makes it more complicated to deal with cybersecurity violations.”
A VietnamWorks survey calculated that if the growth rate of IT personnel stays at 8 per cent in the next years, Vietnam will be short of 78,000 employees more every year. By 2020, this shortage will exceed 500,000.
According to Phuong, cybersecurity legislation has yet to be completed and remains a novelty. Specifically, the Law on Cybersecurity came into effort only this year and the Law on Information Security has only been effective for three years.
Bkav experts forecast that AI malware may appear in 2019 under the initial form of Proof of Concept (PoC). Accordingly, hackers will use software applying AI to attack severs instead of manually attacking, as before. In the future, AI may be created to learn and improve on its own and attack servers by itself.
According to Nguyen Minh Duc, founder of cybersecurity company CyRadar, in 2019 attacks on local authorities and organisations will keep increasing. The attacks not only target computers, but other Internet of Things (IoT) devices, smartphones, and other connected devices.
“Once IoT, which is used to build smart houses and smart devices, develops to a sufficient extent, the scale of the attacks will be much larger,” Duc said.
In addition, ransomware, data deleting malwares, cryptocurrency mining malware, and advanced persistent threat (APT) attacks will remain a threat to Vietnamese people in 2019.
According to Bkav, authorities and enterprises need to improve security policies to ensure computers are fully updated with patches to avoid the risk of being exploited.
Furthermore, the e-government security system needs to change to reach Industry 4.0 standards.
Phuong from CMC InfoSec said that Vietnam cannot reach this without integrating 4.0 features into its information security system, like automation and AI to offer swift and accurate decisions, collect and process huge amounts of security data to discover and deal with risks on short notice.
In the short-term, the government needs to enter into co-operation with enterprises specialised in security that can supply technology and human resources, according to Phuong.
Related News
Shrimp industry optimises advantages for development
20:32 | 01/04/2023 Import-Export
Wood industry strives to regain growth momentum
15:21 | 23/03/2023 Import-Export
Breakthrough policies needed to develop electronics industry
15:05 | 24/02/2023 Import-Export
Room for industrial real estate development remains high due to short supply
19:39 | 19/02/2023 Headlines
Latest News
Saigontex 2023 attracts over 1,300 domestic, foreign businesses
14:01 | 06/04/2023 Import-Export
Mong Cai international border gate sees strong recovery
16:15 | 05/04/2023 Import-Export
Vietnam a potential market for French businesses, investors: experts
16:12 | 05/04/2023 Import-Export
Import and export turnover across Cao Bang prospers but still exists difficulties
10:25 | 05/04/2023 Import-Export
More News
Cashew industry strives to "get on the shelves of world supermarkets"
10:24 | 05/04/2023 Import-Export
HCM City’s industrial production index down 0.9% in Q1
14:47 | 04/04/2023 Import-Export
Fisheries exports estimated at 1.85 billion USD in Q1
14:45 | 04/04/2023 Import-Export
Quang Ninh aims to attract quality FDI inflows
14:43 | 04/04/2023 Import-Export
Exports face many difficulties
13:29 | 04/04/2023 Import-Export
Manufacturing enterprises increase their competitiveness thanks to digital transformation
13:28 | 04/04/2023 Import-Export
32nd Việt Nam Expo promises to boost business linkages
14:19 | 03/04/2023 Import-Export
Prevention of price risks before news that Indonesia increases rice imports in reserve
09:52 | 03/04/2023 Import-Export
Japanese investors highly appreciate Vietnamese property market
17:41 | 02/04/2023 Import-Export
Your care
The system has not recorded your reading habits.
Please Login/Register so that the system can provide articles according to your reading needs.
Saigontex 2023 attracts over 1,300 domestic, foreign businesses
14:01 | 06/04/2023 Import-Export
Mong Cai international border gate sees strong recovery
16:15 | 05/04/2023 Import-Export
Vietnam a potential market for French businesses, investors: experts
16:12 | 05/04/2023 Import-Export
Import and export turnover across Cao Bang prospers but still exists difficulties
10:25 | 05/04/2023 Import-Export
Cashew industry strives to "get on the shelves of world supermarkets"
10:24 | 05/04/2023 Import-Export