Speaking at the Security Trends 2018, Dhanya Thakkar, Vice President in Asia-Pacific, Middle East and Africa of Trend Micro, a global leader in enterprise data security and cyber security solutions, said losses caused by each data leak resulted in a loss of USD 4 million in 2017, the highest ever number.
The incidents have also threatened stock value, corporate prestige and customer trust, he said.
Jaruwan Roekphichayayothin, Trend Micro Director in Vietnam, said in the face of global cyber security risks, the symposium aims to help those working in information security get updates on methods to safeguard digital technology infrastructure and administer technological risks facing organizations and enterprises.
Participants pointed out that Vietnamese firms have become the target of cyber attacks during its digitalization of data.
At the same time, they have to face a shortage of personnel in high-level IT administration, especially those with international certificates in this field.
However, the businesses’ investments in information security remain low due to their financial difficulties as well as their limited awareness of the importance of information safety, delegates said.
According to Trend Micro, Vietnamese firms should prioritize ensuring information safety for clients, servers and the network.
The company’s latest statistics revealed that 94 percent of cyber security threats in Vietnam are found in email and most ransomware attacks aim at online banks. Ransomware threats in Vietnam account for 8 percent of the global number.
Source: VNA