Over 95 pct of online fraudulent reports in Vietnam target banking, finance sectors

0 Comment(s)Print E-mail Xinhua, October 19, 2023
Adjust font size:

HANOI, Oct. 19 (Xinhua) -- Over 95 percent of online fraudulent reports in Vietnam in the first half of this year target the banking and finance sectors, Vietnam News reported Thursday, citing the Ministry of Information and Communications.

The ministry received more than 4,000 reports from internet users about fraudulent activities during the cited period.

According to CDNetworks Vietnam, more than 87 percent of attacks combine two or more attack methods.

The banking system also faces the risk of slow connectivity with global applications, which greatly affects the customer experience.

The ministry's Authority of Information Security has advised organizations and businesses in banking and finance to constantly enhance multi-layer security capabilities and be equipped with modern technologies.

The banks must also regularly issue warnings about new fraud techniques to protect customers' accounts.

The ministry forecasted that forms of online fraud, network attacks and targeted advanced persistent threats will continue to occur in the coming months.

According to the National Cyber Security Centre, Vietnam reported 9,519 cyberattacks in the first seven months of this year, causing incidents to information systems. Enditem

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter