Network security services – Cybersecurity solutions in
the new situation
Information technology is existing in almost
all areas of life, contributing to increasing work efficiency, saving time and
costs. Besides these advantages, users also face many risks from loss, leakage
of personal data, and organizational information and invasion of privacy when
accessing the network. Therefore, network security service has becoming a
necessary solution. Accordingly, Vietnam Ministry of Public Security proposed
to consider cybersecurity protection services as business lines which are subject
to conditions in the Vietnam Investment Law.
According to statistics in 2021, the Ministry
of Public Security has recorded and analyzed nearly eight million warnings
related to cyberattack activities, thereby detecting and verifying 2,763
cyberattacks targeting portal sites in the country (up 26% compared to 2020).
In addition, cyberattacks tend to increase, causing political influence and
greater economic losses. In addition, the situation of illegally collecting and
infiltrating information and data of organizations and individuals for illegal
purpose are increasingly complicated. The participation of network security
services will contribute to strengthening the protection of the network
security environment, especially important economic organizations such as
banks, securities, state agencies, which are organizations that have vital role
of the country.
On the other hand, the development of network
security services is in line with the development policy of the country.
Specifically, in Resolution No. 30 of the Politburo on the National
Cybersecurity Strategy, the ultimate goal has been determined to reduce the
risk of national security and social order and safety being compromised.
Moreover, the Government has also issued Resolution No. 22 on the action plan
to ensure national cybersecurity. Accordingly, the Ministry of Public Security
shall assume the prime responsibility for formulating a Decree stipulating
conditions for trading in cybersecurity products and services. Therefore,
making network security services a business line is consistent with the current
context and development orientation.
In addition, approving network security
services will guide specific regulations and conditions for businesses.
Businesses and organizations and individuals providing cybersecurity products
and services will need to actively comply with regulations. The business
conditions for network security services will ensure that network security
products and services to be provided by reputable and capable service
providers. Accordingly, improving policies and laws and improving the
effectiveness and efficiency of state management of information, communication
and network security will be a solid basis for cybersecurity services to
demonstrate their functions and roles its important role in the overall
development of the country.
Moreover, developing quality and effective
cybersecurity services will create more opportunities and attract more foreign
investors to participate in the Vietnam market. Most business activities now
have involved the Internet connection, and therefore the risks such as
information security and data security will be an issue of concern to investors
making investment, setting up
company in Vietnam. If network security services that support risk
reduction and data recovery to help run business well, it will create
confidence and motivation for investors.
The Ministry of Public Security expects
network security products and services to include: (i) Confidential products to
collect information (devices where hardware and software have the function of
collecting information, documents, and data) via cyber – spyware; (ii) Security
control products for network traffic (in which specialized hardware and
software equipment for competent state agencies are designed with specific
features to protect targets, systems, etc.) information system to warn, detect
and prevent cyber security violations; (iii) Network security monitoring
services, network security testing, knowledge training, network consulting,
standards assessment. These are services and products that have practical
applications and are capable of meeting the needs of individuals and
organizations using cyberspace.
Therefore, although cybersecurity services
have not yet been officially approved, in the current context, network security
services will be an effective solution to work with the Government to build a
digital environment and develop digital technology secure and sustainable
information technology in line with the speed of global development. It is
expected that when cyber security services are specified, it will promote a
healthy, safe and effective cyber environment and hence promote the business and
investment in Vietnam.
ANT Lawyers is a network security
law firm in Vietnam located in
the business centers of Hanoi, Danang, Ho Chi Minh city. We provide convenient
access to our clients. Please contact our lawyers in Vietnam for
advice via email ant@antlawyers.vn or call our office at +84 28 730 86 529.
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