3 8 billion years ago

Organisations in Vietnam are facing longer downtimes caused by cybersecurity breaches.(Photo: Cisco) Hanoi (VNS/VNA) — Organisations in Vietnam are facing longer downtimes caused by cybersecurity breaches, compared to the regional and global averages, according to a recent Cisco study. The Cisco’s 2019 Asia Pacific CISO Benchmark Study was released this week. Almost a third of companies in Vietnam were offline for 24 hours or more after their most severe breach in the past one year, compared to just four percent globally and 23 percent in the Asia-Pacific region. The Vietnam number is a huge rise from last year, when only 15 percent of organisations in the country suffered downtime of 24 hours or more. The study is based on a survey of almost 2,000 security professionals from across the region. It highlights that security practitioners in Vietnam are being kept busy. According to the study, 36 percent of respondents reported receiving more than 10,000 threat alerts a … [Read more...] about Vietnamese companies facing longer downtimes from cyberbreaches

Mobile World (MWG) as a new player in the market this March, opening its first watch outlet in Ho Chi Minh City, emerging has a competitor to gold and jewelry chain Phu Nhuan Jewelry (PNJ), which has been selling watches since 2012. MWG, a major seller of smartphones and household electronics products, as of September has displayed watches in 134 outlets, outnumbering 22 outlets of PNJ. The two companies are now major competitors in Vietnam’s watch market which observers say is showing greater potential as rising incomes of the middle class prompts spending on luxury accessories. Analysts from stock brokerages say Vietnam’s watch market has not seen a dominant player accounting for than 20 percent of share. Both PNJ and MWG are looking for a new revenue sources on top of their core business which is showing signs of slowing down. Both companies are offering discounts of 20-40 percent to attract customers. They both sell the watches mostly in their existing stores. PNJ has … [Read more...] about Electronics, jewelry chains locked in wrist watch sales race

At a workshop themed “Policy Aspects for Vietnam Digital Economic Development,” jointly held by the Ministry of Industry and Trade (MoIT) and the World Bank Group in Hanoi, he described cyber security and its crucial role in protecting online customers as important factors to develop Vietnam’s digital economy. Enhancing digital skills for local residents should be priorities in the Government’s policies to ensure that equal opportunities from the digital economy are offered to all, the official suggested, adding that the education system must be improved to well meet the market requirements. The digital age offers opportunities for the economy of Vietnam. Photo: sapo.vn According to Dang Hoang Hai, head of the MoIT’s Department of E-commerce and Digital Economy, Vietnam has a total population of more than 96 million people, 64 million of whom get access to the Internet and 57 percent of the population have social accounts. Last year, … [Read more...] about Workshop seeks to boost Vietnam’s digital economic development