Boonthida Somchai, Deputy Minister of Digital Economy and Society, has instructed the Personal Data Protection Committee Office to work with the National Cyber Security Agency (NCSA) to verify the authenticity of the claims and determine whether a data breach has occurred.
According to Dr. Le Minh Nghia, Chairman of the Vietnam Financial Consulting Association (VFCA), AI has become a key driver reshaping the global financial industry. In Vietnam, the technology is already widely used in banking and finance for credit analysis, electronic customer identification (eKYC), risk management, service personalisation and real-time transaction processing.
Vietnamese authorities handled more than 30 cases involving the illegal sale and theft of personal data between 2023 and 2025, affecting over 160 million data records across sectors including health, education, finance, banking and telecommunications.
The Ministry of Public Security has called for strong legal sanctions to prevent a black market for personal data, warning that treating such information as a commodity could fuel widespread cybercrime.
The Vietnam Data Security Joint Stock Company has unveiled the DataTrust platform, the first platform to comply with personal data protection regulations in the country.
Decree 13 on the protection of personal data has officially been promulgated in Vietnam. However, many organisations and businesses are facing difficulties in implementing it.
Personal data is the property of every individual and organisation, therefore personal information protection will contribute to diminishing risk for one’s self, experts have warned.
Thai police are investing a hacker who threatened to release data stolen in an alleged security breach affecting 55 million Thais, according to Thailand’s Digital Economy and Society (DES) Minister Chaiwut Thanakamanusorn.
Mastering the cyberspace has been considered one of the most urgent and important tasks for Vietnam to protect national sovereignty amid the challenges from cyber security.
Only 32 percent of consumers in Vietnam believe their personal data will be treated in a trustworthy manner by organisations offering digital services, according to a study recently released by Microsoft and IDC Asia Pacific.
The Bkav Technology Group said on July 26 its virus monitoring system had discovered malware called BrowserSpy that is able to track users’ actions and steal their personal data, such as bank account information, and Gmail or Facebook passwords.
The health records of 1.5 million Singaporean patients, including that of Prime Minister Lee Hsien Loong, have been hacked in the worst cyber attack in the country, said local authorities on July 20 .
The Philippine government launched an investigation into the breach of data of its citizens who use Facebook, after a massive leak of user information to British political consultancy Cambridge Analytica.
Malaysia is investigating an alleged attempt to sell the data of more than 46 million mobile users upon information about the largest data leak so far in the country.
Personal data of about 46.2 million mobile phone numbers in Malaysia could be in danger upon the information about the largest data leak so far in the country.
