Hanoi, April 2 -- Cybersecurity threats in Vietnam are escalating at an alarming rate, with attacks becoming more sophisticated and widespread, according to a cyber threat situation report 2024 released by Viettel Cyber Security under the Viettel Military Industry and Telecoms Group.

The report provides a comprehensive overview of the country's cybersecurity situation over the past year, warning of increasingly complicated threats and offering key recommendations for businesses to strengthen their defences.

Cyberattacks, data breaches, and security vulnerabilities on the rise

The report, based on data from Viettel Threat Intelligence, reveals a sharp rise in ransomware attacks, with 10 terabytes of encrypted data and estimated financia...