Vietnam is Southeast Asia’s safest country for online banking: Kaspersky | Company


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Hanoi (VNA) – Russian cybersecurity firm Kaspersky recently described Vietnam as the safest country in Southeast Asia against the threat of financial attacks targeting banks, payment systems and online shops.

In an interview with Sputnik news agency, Yeo Siang Tiong, Kaspersky‘s general manager for Southeast Asia, said the company’s statistics showed the rate of scamslinked to banks, payment systems and online shops in Vietnam was lower than in other countries in the region. The fraud rate was 26.36% in Vietnam while it was 40.87% in Indonesia, 46.77% in Malaysia, 64.03% in the Philippines, 51.6% in Singapore and 56.35% in Thailand.

Regarding Vietnam’s efforts to provide security against attacks on the financial sector, Yeo said the increase in online transactions in the country during the COVID-19 pandemic paralleled the rise in fraud through the use of fake pages of popular payment systems such as Visa, Mastercard and PayPal.

We can see that the online transactions and user purchases are increasingly improved, and this can be attributed to the Government of Vietnam’s continued efforts to raise awareness of financial and data security in the context of booming mobile banking and e-wallets in the region. .

According to Backbase’s Fintech and Digital Banking 2025 – Asia Pacific report, mobile transactions are expected to increase 300% in Vietnam by 2025, thanks to the booming digital economy.

Vietnam is definitely ready for rapid digital transformation as well as ensuring a safer financial environment for organizations and individuals through strong infrastructure and threat intelligence sharing, Yeo./ said.


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