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Last updated: Monday, June 26, 2017

 

Ensuring Information Security in 4th Industrial Revolution

Posted: Wednesday, April 12, 2017


In addition to the benefits and opportunities, the 4th Industrial Revolution is also paving the way for threats of cybersecurity, especially in the context of cyber attacks increasing and becoming more complicated.

This is information provided at the workshop "Security World 2017" themed "Information and Cyber Security Strategy in the 4th Industrial Revolution” taking place on April 4 in Hanoi. The event was organised by the Department of Cyber Security, and Authority of Information Security and the International Data Group (IDG Vietnam), under the chairmanship of the Ministry of Public Security and sponsored by the Ministry of Information and Communications.

Speaking at the seminar, Deputy Minister of Public Security Bui Van Nam affirmed that the 4th industrial revolution, with strong development in science and technology, is expected to create great opportunities for Vietnam to push IT application. However, beside the benefits and opportunities, this revolution is also posing to Vietnam the immense danger of cyber security and information security.

As evidence of this, Deputy Minister Bui Van Nam said that the recent crime using high technology to attack banks, telecommunications, transportation has become increasingly serious; making the preventing of cyber-attacks the task of all countries.

Statistics from the Vietnam Computer Emergency Response Team (VNCERT) also show that more than 134,000 network security incidents occurred in 2016 (including Phishing, Malware and Deface), a fourfold increase compared to 2015. VNCERT also warned the level of rapid development and spread of malicious code Ransomware in the past year. Bkav Technology Group also noted that 2016 was the explosive year of ransomware, when an average of 1.6 among 10 emails received contains ransomware.

According to the report, Vietnamese users have suffered losses of up to VND10,400 billion, an increase of nearly VND9 trillion compared to losses in 2015. However, it is worrying that while the risk of cyber security is increasing, Vietnamese users still have not enough knowledge to protect themselves.

According to cyber security expert Ngo Viet Khoi, the current security knowledge of Vietnamese users remains as modest as that of 20 years ago when the Internet was new to Vietnam. These are alarming security issues with organisations, businesses and individuals. At the same time, it poses challenges for security leaders and experts to find solutions to enhance user awareness and to apply effective information security measures to their clients under the current risk.

Sharing his views with the expert, Lt General Hoang Phuoc Thuan, Director of Ministry of Public Security’s Department of Cyber Security, said that besides Vietnam's weak telecommunications and information technology infrastructure, which increases the risk of cyber-attacks, a bigger problem is that the majority of users have not strictly enforced the rules, regulations on security, lack of skills to deal with situations that violate national security.

Many experts at the conference also asserted that all advanced security solutions will not work when users do not know how to protect themselves. The reality requires every citizen and organisation to raise awareness about information security, find effective cyber security solutions and work closely with network security forces and foreign organisations to handle risks and incidents.

Parallel to the Conference is 2017 Security Technology Expo bringing together modern security solutions and products related to cyber security, cloud computing security, large data encryption and virtualization, with the participation of leading technology companies like Cisco, Microsoft, Huawei, Jupiter Networks, MobileIron and CMC .

Ms Luong Thi Le Thuy, CEO, Cisco Systems Vietnam
In the context of the current industrial revolution 4.0, with the explosion of the IoT and the rapid development of science and technology, the dangers and risks of cyber security are growing to be more sophisticated and unpredictable.

In order to protect ourselves in the digital age with so many threats, businesses and organisations need to improve their information security capabilities in three key areas: people, processes, and Technology Solutions. These solutions include training people, improving knowledge, raising awareness of information safety; developing procedures to ensure information safety and handling when problems occur; and developing comprehensive security solutions.

Mr Robert Yang, Regional Director, LogRhythm Asia Pacific & Japan
In order to detect new and sophisticated attacks, there must be a strategy different from the traditional security approach that focuses on the prevention of threats.
The traditional model is like a coconut. The outside is solid, the inside is soft (even empty). Organisations should be well trained on deploying firewalls, Web proxies, antivirus and other prevention technologies. A modern enterprise needs to understand that cyber security is like an onion with many layers of covers, the innermost layer is the core.

Information security is not only an urgent requirement for small and medium enterprises, but also for large enterprises ; not only for Vietnamese businesses, but also for all other businesses in the world. Vietnamese businesses, especially young start-up businesses, need to pay special attention to information security, information security, where they need to look at their capital and to choose priorities to have the right investment decision.

Thu Ha

 








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