Vietnam 

Rapid growth foreseen for security equipment market – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Security equipment on display at Secutech Vietnam held in HCM City in August. Demand for such equipment is expected to grow rapidly in the coming time. — Photo courtesy Secutechvietnam HCM CITY — The development of residential urban areas, malls, industrial smart factories, hotels, and banks has increased the demand for security equipment and technology, according to experts. A report by Grand View Research Inc, an India- and US-based market research and consulting company, said the size of the global security market is expected to reach US$167.12 billion by 2025.…

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Vietnam 

New security breaches found with Windows OS – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Attendants visit booths displaying computing and internet security solutions at a seminar on August 14. Việt Nam is one of the top 10 countries in terms of internet attacks in the first half of the year. — Photo ictvietnam.vn HÀ NỘI — The Authority of Information Security under the Ministry of Information and Communications has warned of two security breaches that exist in Remote Desktop Services of the Windows operation system (OS). According to the authority, the two breaches may allow hackers to attack from distance, install malware…

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Vietnam 

Security, fire safety, rescue exhibition opens in HCM City – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  A booth at the Fire Safety and Rescue – Secutech Vietnam expo that has opened at the Saigon Exhibition and Convention Centre. — VNS Photo HCM CITY — The International Fire Safety and Rescue and Security Technology and Equipment Exhibition and Conference opened in HCM City yesterday (August 14). Fire Safety and Rescue – Secutech Vietnam has 530 booths set up by over exhibitors from 21 countries and territories including the UK, India, Taiwan, Germany, the US, South Korea, Japan, Singapore, mainland China, and Việt Nam. The products and…

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Vietnam 

Lai Châu hydropower plant holds national security importance – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  A view of Lai Chau hydropower plant. VNA/VNS Photo  HÀ NỘI The Lai Châu hydropower plant, a major facility on the Đà River, has been listed as an important installation related to national security. The plant, located in Nậm Nhùn District of the northwestern province of Lai Châu, consists of three turbines with a total capacity of 1,200 MW, producing 4.67 billion kWh of electricity annually on average. Since its inauguration in late 2016, the plant has generated more than 15.1 billion kWh for the national grid. Dương Quang…

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China's Beijing Kunlun to revisit Grindr IPO plan after US national security panel drops opposition

Chinese gaming company Beijing Kunlun Tech Co said on Monday it would revive plans for an initial public offering (IPO) of popular gay dating app Grindr, after a US national security panel dropped its opposition to the plan.Kunlun said in May it had agreed to a request by the Committee on Foreign Investment in the United States (CFIUS) to sell Grindr, setting a June 2020 deadline to do so and putting preparations for an IPO of Grindr on hold.A source familiar with the matter said on Monday that… Source link

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DJI hit by American technology supplier’s ban on Chinese-made drones over security concerns

A supplier of drone technology to dozens of state and local law enforcement and public safety agencies, located in the United States and a handful of other countries, will stop working with Chinese drone manufacturers, citing security concerns.Cape Productions, a Redwood City, California-based start-up, plans to tell customers on Wednesday in the US that it will stop selling software compatible with Chinese drones to its clients, most of whom use the tools to remotely dispatch and operate the… Source link

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Europe's 5G roll-out is being delayed by trade war, Huawei pressure and security reviews, says Tele2 CEO

The roll-out of 5G services across Europe has been slowed by US sanctions against Huawei Technologies and as European governments review the impact of using Chinese network equipment, the head of Swedish telecommunications group Tele2 said.US President Donald Trump’s administration had targeted Huawei on security grounds, but a partial lifting of restrictions was a key element of a weekend agreement to reopen stalled trade negotiations with China.Tele2 chief executive Anders Nilsson said the… Source link

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Vietnam 

Banks starts to adopt advanced authentication method to enhance security – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Vietcombank from July 1 started to apply advanced authentication method to increase security for customers. — Photo thebank.vn HÀ NỘI – A number of banks are introducing smart technology to tighten security and make customer transactions safer. They have started to apply enhanced authentication methods for online transactions since the beginning of this month to comply with the central bank’s regulations on improving security for customers. It means standard text messaging will be replaced with a new system that can send passwords to devices even if the recipient has…

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Vietnam 

HCM City moves closer to setting up Information Security Centre – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  HCM CITY – The HCM City Information Security Centre will be set up at the High-tech Park in District 9, according to People’s Committee vice chairman Trần Vĩnh Tuyến. The Sài Gòn Industry Corporation has been assigned to work with High-Tech Park management to lease land for the centre, he said. The corporation has also been tasked with drafting policies to attract potential investors in the proposed HCM City Information Security Management Centre Joint Stock Company. The centre, together with the Open Data and Data Ecosystem Development Warehouse, HCM…

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Taiwan halts NT$1 billion investment by Hong Kong firm with ‘extreme deep connections’ to Beijing on security grounds

A part of the largest property development project in Taipei has been halted, after Taiwan’s ministry of economic affairs blocked a key investor citing national security concerns.Hong Kong-listed Nan Hai Corporation had bid through a wholly-owned subsidiary, Nan Hai Development, along with Malaysian property developer Malton Berhad to develop a property worth NT$1 billion (US$32.2 million) connecting metro stations, office buildings and shopping malls near the Taipei railway station. The… Source link

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