Orient Commercial Bank (OCB) signed a deal with Trend Micro on Thursday for security solutions to protect its online banking customers from cyberthreats.

It will provide 50,000 customers with the solutions Trend Micro developed on cloud to safeguard users from internet threats, information and data theft and fake digital banks, protect their privacy while they surf the web and find lost devices.

The companies said 59 per cent of Vietnamese have bank accounts and 81 per cent of them use digital banking.

However, the convenience of digital banking notwithstanding, they face threats of personal information leaks or falling victim to cyberattacks, and the need for information security at banks is becoming more and more critical.

OCB told the signing ceremony it prioritised investment in information security systems.

That deal with Trend Micro would protect its system against viruses, ransomware, malware, and zero-day vulnerability exploit, and provide a comprehensive security solution to the server and clients, it said.

Trend Micro Incorporated is a global leader in cybersecurity solutions. — VNS