Viet Nam’s digital economy has progressed rapidly in recent years, but challenges in network security require the country to build a comprehensive national strategy to address network vulnerabilities.

Representative of a company introduces a security solution to visitors at the Vietnam Security Summit 2019 in Ha Noi. — Photo courtersy of the event organiser

Development of digital economy requires national strategy for network security

23/04/2019

Viet Nam’s digital economy has progressed rapidly in recent years, but challenges in network security require the country to build a comprehensive national strategy to address network vulnerabilities.

SR Vietnam | Content Marketing & Business Solutions

Viet Nam’s internet economy reached US$9 billion in 2018, making up 4 per cent of Viet Nam’s gross domestic product (GDP) and tripling that of 2015, and was heading to $33 billion by 2025, according to the e-Conomy SEA 2018 released by Temasek (Google).

However, the rapid expansion of the digital economy has been accompanied by an increase in network security risks in all respects, including new risks, the number of incidents and the level of damage.

According to a Kaspersky Lab report released last month, Viet Nam was among the most targeted nations for banking malware in 2018, accounting for 3 per cent of global attacks. Russia was in first with 22 per cent, followed by Germany (20 per cent) and India (4 per cent).

In January 2019 alone, Viet Nam suffered more than 800,000 malicious codes on a daily basis. If calculated by the percentage of internet users, 21.5 per cent of users in Viet Nam faced the threat of being attacked.

Kaspersky said cyber security threats had become more and more sophisticated in the digital era.

The latest survey by the Ministry of Information and Communications this week revealed that 63 per cent of 90 State agencies and organisations across sectors, cities and provinces had only paid modest attention to information security (level C). Just 12 per cent had started to look at information security (level D), which included big ministries such as the Ministry of Industry and Trade and Ministry of Science and Technology.

Only 15 per cent of State agencies had adequate measures to ensure information security.

"We have different solutions at a certain level to ensure network security but lack a comprehensive national strategy as well as a specific implementation process. It is clear that information and network security is a weakness in Viet Nam," Vu Quoc Thanh, vice chairman and general secretary of the Viet Nam Information Security Association (VNISA) told vov.vn.

According to Thanh, awareness and capability for safe use of the internet by the majority of Vietnamese users was still limited.

More affordable smartphones and mobile data plans have driven the growth of internet users in Viet Nam. The country has about 64 million internet users (approximately 67 per cent of population), placing it among the top 20 countries with the highest internet penetration.

In particular, 72 per cent of people access the internet through smartphones, statistics from the US-based survey company We Are Social showed.

More and more businesses have applied digital technology to production, business activities and management, which is reflected in the rapidly increasing rate of new technologies such as cloud computing, artificial intelligence (AI) and automation.

A survey of about 5,000 businesses in Viet Nam conducted by the Viet Nam E-Commerce Association revealed that 43 per cent of enterprises used websites, 32 per cent used social networks and 15 per cent used mobile applications to sell their products in 2018.

Advertising has shifted from newspaper and television to social networks, search engines and mobile applications.

Nguyen Quang Dong, director of the Institute for Policy Studies and Media Development, said the complexity, multifaceted and correlation among different subjects beyond the national border made policy-making more complicated without a single solution.

“Viet Nam needs a comprehensive policy and multi-solution system for information and network security that involves all State, business and internet users,” Dong said, adding that more efforts should be spent on communication and education programmes on internet safety to raise awareness and skills among Vietnamese internet users. — VNS

Source: Bizhub.vn

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