Vietnam International Bank (VIB) has successfully launched a new security solution named MyVIB Smart OTP for online payments, including Internet Banking and Mobile Banking, becoming the first bank in Vietnam to apply the outstanding technology solution. MyVIB Smart OTP makes online payments far more secure According to Decision No.630 issued by the State Bank of Vietnam, from 2019, with high value transactions, banks must provide One-Time Password (OTP) authentication based on advanced security solutions, such as soft OTP, Token, advanced Token, and biometric verification, among others. The regulation aims to improve the security of online banking services and minimise the risks of online payments. In order to satisfy customer demand, VIB has recently launched MyVIB Smart OTP helping to get OTP directly through the MyVIB mobile banking application, instead of SMS or Token. This provides customers with more choices when making online transactions. The outstanding advantage of … [Read more...] about VIB pioneers advanced security solution for online payments
L3 national security solutions
A customer tests VIB’s new secure solution. — VNS PhotoViet Nam News HÀ NỘI — Vietnam International Bank (VIB) has launched a new security solution named MyVIB Smart OTP for online payments, including Internet Banking and Mobile Banking. VIB is the first bank in Việt Nam to apply the technology solution that does not require mobile phone service, enabling customers who travel or work abroad to make quick banking transactions without using roaming plans. With VIB’s Smart OTP application, customers do not need to open the app to get OTP, they just need to enter the PIN of the MyVIB Smart OTP app directly. The OTP will then be automatically filled in. Therefore, customers do not have to move between applications while making transactions as well as remember the OTP, helping them save time. In addition, MyVIB Smart OTP can identify high value transactions and provide appropriate advanced OTP. Hence, the protection ability for transactions is … [Read more...] about VIB pioneers advanced security solution in online payment
Phil Quade, chief information security officer at Fortinet arrived to Vietnam for a working visit to share about cyber security As the 4.0 era is setting in, with a growing momentum in the digitisation of management and manufacturing processes, as well as increasing global connectivity, how would you evaluate the importance of cyber security to prevent cyberattracks? Cyber threats are becoming more complex with new everyday dangers. From the IoT (Internet of Things) network to the cloud, businesses need an architecture that integrates, synchronises, and automates defence measures across their networks. Through its security fabric architecture, Fortinet provides a broad portfolio of advanced solutions for Vietnamese companies to help them grow their business safely. These critical infrastructure systems are also increasingly targeted by cybercriminals, with a reported 51 per cent of critical infrastructure enterprises reporting an OT (Operational Technology)/SCADA (supervisory … [Read more...] about Fortinet offers much-needed comprehensive cyber security solutions
Kaspersky introduces new security solutions Chi Thinh HCMC – Kaspersky Lab, a leading cyber security firm, on December 21 introduced a wide range of new security solutions for small enterprises and individual users in HCMC, which is aimed at combating mobile malware and Internet threats. The security firm launched Kaspersky Total Security, which is designed for households with security software and malware prevention. It is expected to protect those using Windows and MAC or Android operating systems against cyber attacks, fraudulent websites. Users only need to use copyrighted software applicable to all electronic devices, including computers, smartphones and tablets. A representative of Kaspersky Lab said these security solutions would enhance the safety for financial apps, data stored on computers and mobile devices. The software Kaspersky Anti-virus and Kaspersky Internet Security also offer advanced functionality to update the latest real-time risks. The solutions such … [Read more...] about Kaspersky introduces new security solutions
VietNamNet Bridge - The Civil Aviation Authority of Vietnam (CAAV) has announced its findings about inspections of airlines’ compliance with laws on securing customer privacy. The inspections were conducted at Vietnam Airlines (VNA), Vietjet (VJ) and Jetstar Pacific (JPA). Airlines are using different booking systems Inspectors found that air carriers are using different booking, seat reservation and ticket sale systems. VNA is using a system provided by SABRE Airlines Solution, a prestigious booking software provider. VNA has also set up programs to supervise the activities of computer users and control access to the booking and reservation system. However, the national flag air carrier still cannot fully prevent exposure of passengers’ information. The problem is that some regional branches of VNA have the right to run API programs connected with SABRE ticket booking and seat reservation programs. These include software informing passengers about … [Read more...] about Are airline security solutions reliable?