Legalizing Privacy: Users Are Data Owners
Speaking at the conference, experts agreed that the digitalization process of the finance and banking industry requires a solid legal framework and a comprehensive security strategy.
Two important documents, Circular 50, 64/2024 of the State Bank and the Draft Law on Personal Data Protection, are not just “technical guidelines” but are reshaping the way businesses operate.
Mr. Nguyen Viet Ha - Director of Information Security Planning at Techcombank commented: "We are not just talking about information but data rights. Users have the right to request that their data not be processed or deleted. That is the foundation of a digital society that respects individuals."
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Mr. Nguyen Viet Ha emphasizes that user rights and data sovereignty are clearly defined in Vietnamese and international legal frameworks. |
Experts also emphasize that when data becomes a strategic asset, the responsibility for protection and transparency in processing is no longer optional but mandatory.
Why security must always be one step ahead?
At the conference, Mr. Athit Worasawad - Director of Southeast Asia, Mobile Application Security and Digital Identity Company V-Key gave a remarkable statistic: "88% of Vietnamese people have switched to cashless transactions in 2023". This convenience also opens the door to a series of new risks such as fake banking applications,...
Virtual Secure Element technology is introduced as an effective alternative to hardware, helping to enhance authentication and protect applications from reverse attacks or unauthorized interference.
Security Automation – A New Lever in Data Governance
Mr. Vu Thanh Cong – Product Director at Nessar – brings a comprehensive approach to the modern cybersecurity problem. According to him, businesses cannot fight automated attacks with manual solutions.
Nessar has therefore developed an “all-in-one” information security platform that integrates AI technology, virtualized data and real-time data obfuscation, helping to monitor and protect systems from the application level to the operations center.
“We aim to automate up to 80% of our security processes to reduce the workload on our staff and speed up incident response,” he shared.
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The solutionMr. Vu Thanh Cong proposed stands out in its multi-layered defense approach like "wearing many thin layers of clothing" to help spread risks and increase the ability to detect attacks early. |
Nessar's solution stands out for its multi-layered defense approach, like “wearing multiple thin layers”, integrating technologies such as Interflow, MISA and AI/NLP. This approach not only helps detect risks early but also supports businesses in complying with Circular 09, 50 and international standards such as GDPR, ISO 27001.
Education is the foundation for developing a sustainable cybersecurity ecosystem
In addition to technology and legal framework, the issue of training high-quality human resources in the field of cybersecurity is also a top priority. According to Dr. Hoang Viet Ha - Director of Swinburne Vietnam - FPT Corporation, the conference is an effort to connect universities, businesses and international organizations to cooperate in in-depth training on cybersecurity.
“Without effective support from educational institutions, the digital transformation process – especially in the financial sector – will be fraught with risks,” he stressed.
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According to Dr. Hoang Viet Ha, to successfully transform digitally, education and businesses must act together. |
At Swinburne Vietnam, Cyber Security is currently one of the majors that receives strong investment, with a training program that is closely linked to practice and the business ecosystem. Students not only have access to basic knowledge but also have the opportunity to practice and participate in professional events.
Workshop opens up expectations for interdisciplinary cooperation
Cyber Law Compliance Summit 2025 shows that close coordination between schools - businesses - managers is a prerequisite for building a safe digital ecosystem. The event is the first step in forming a network of cybersecurity experts, creating conditions for Vietnam to be more proactive in responding to cyber threats.
In the future, digital transformation will be inseparable from cybersecurity. Compliance and upgrading security systems are no longer options – they are vital to ensure stability, trust and sustainable growth for Vietnamese financial and technology organizations.
Source: https://tienphong.vn/khong-co-an-ninh-mang-chuyen-doi-so-se-la-con-dao-hai-luoi-post1758057.tpo
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