The deputy governor of the State Bank of Viet Nam (SBV), Nguyen Kim Anh, noted at a conference on information security in the banking sector on Wednesday that the Vietnamese banking system has always prioritised investment in resources for IT infrastructure security.

In order to improve the quality of banking services and e-banking products, and in order to protect assets of customers and banks from hi-tech crime, the sector will continue to invest.

The conference aims to assess the status of online crime and cyber security issues in Viet Nam and discuss network security trends in the banking sector to set out measures to protect the banks in Viet Nam against new threats and strengthen the management of e-banking activities.

"However, work on ensuring security and confidentiality is becoming more complicated. Thus, the exchange of information and experiences between experts and relevant agencies working in the field is critical to develop best practices," said the deputy governor.

Delegates attending the conference also focused on assessments of works of information security in the banking operations, risk of information security in e-payment and card payment around the globe.

The delegates also discussed coordination in preventing, detecting and remediating incidents on information security in order to actively cope and reduce impacts of new cyber attack methods. The delegates also gave many practical solutions to ensure high information safety and effectively prevent e-banking security risks.

Based on the results of the conference’s discussion, the deputy governor has instructed relevant agencies to actively coordinate with other agencies and international organisations to actively deploy specific tasks to ensure information safety, boost the development of e-bankings and contribute to the implementation of the non-cash payment plan approved by the Vietnamese Government. — VNS