Damage from cyberattacks is increasing rapidly every year.

DNVN - Damages from cyberattacks are increasing rapidly every year. From $9.5 trillion in 2024, this figure could reach $17.9 trillion by 2030. This increase demonstrates the growing danger of cyber threats and the need to enhance security in a complex digital environment.

In support of Vietnamese businesses in building a safe and sustainable digital environment,FPT Group recently collaborated with Aon to organize the seminar "Cybersecurity and Insurance - Two Shields Against Threats from the Digital World".

Speaking at the event, Mr. Dang Truong Thach - Executive Vice President and Deputy General Director of FPT IS, FPT Group, shared: “Cyberattack losses are increasing rapidly every year. From $9.5 trillion in 2024, this figure could reach $17.9 trillion in 2030. This increase shows the growing danger of cyber threats and the need to enhance security in a complex digital environment. Businesses not only face financial risks, but also have to deal with loss of customer trust, business disruption, and reputational damage.”

AI is posing a dual challenge for businesses.

“AI is seen as both an incredibly powerful tool and a dangerous ‘weapon.’ With its analytical capabilities at speeds and accuracy far exceeding human capabilities, AI brings many benefits to businesses. However, alongside these benefits, AI also reveals many weaknesses that malicious actors can exploit, and it also makes ordinary users vulnerable to risks if they are not properly equipped, managed, and used,” commented Dr. Nguyen Thanh Binh, Global Cybersecurity Consultant at FPT IS.

AI poses a dual challenge for businesses, both externally and internally. Externally, this technology empowers hackers to create sophisticated, hard-to-detect malware and carry out scams. Internally, risks arise when employees inadvertently leak data, violate legal regulations, or become overly reliant on AI to replace human workers, harming operations and the company's reputation.

Given this context, Dr. Nguyen Thanh Binh proposed a unified strategy, focusing on coordination between the SOC (Security Operations Center) and the GRC (Governance, Risk & Compliance).

A Security Operations Center (SOC) is likened to a "nerve center," monitoring IT infrastructure 24/7 and detecting even sophisticated AI-generated malware early on, by combining behavioral analysis with traditional signature recognition. Meanwhile, a Gross Regional Control (GRC) focuses on internal governance, policy and process development, data control, and legal compliance, while also raising employee awareness of risks and security principles when applying AI.

This integration will help businesses build a comprehensive shield against the increasingly complex risks of the AI ​​era. For example, if the SOC detects unusual behavior from an employee, this data will be transferred to the GRC for analysis, which can then lead to training, process adjustments, or the implementation of new controls.

According to Andrew Mahony, Senior Director (Asia Pacific Region), Cybersecurity Insurance Solutions, and Dang Ngoc Lien, National Director - Financial Services Insurance Solutions and Professional Group, they provided insights from the insurance market, emphasizing the role of cybersecurity insurance.

An Aon representative stated, “About 10 years ago, when discussing cybersecurity risks or cybersecurity insurance, these were almost entirely theoretical concepts, formalistic and detached from practical operations, especially in Asian countries, including Vietnam. However, since then, we have witnessed significant development in both the cybersecurity and cybersecurity insurance fields.”

To access effective insurance, businesses need to demonstrate their cybersecurity "health" through measures such as MFA, data backup, 24/7 SOC, and collaborate with technology partners like FPT to showcase their risk management capabilities, thereby making it easier to secure contracts with better terms and costs.

Experts at the conference emphasized that, in the digital age, the "double shield"—the combination of FPT's comprehensive security strategy and cybersecurity insurance from Aon—is the optimal measure to protect businesses from all risks. This shield not only ensures technological security, internal risk management, and employee awareness, but also creates a solid financial foundation, helping businesses develop sustainably and confidently integrate into the volatile digital environment.

Phoenix

Source: https://doanhnghiepvn.vn/chuyen-doi-so/thiet-hai-do-tan-cong-mang-dang-tang-nhanh-hang-nam/20251003121855430