FPT’s digital ecosystem co-protects data with businesses

Recently, FPT IS and FPT Smart Cloud jointly organized the workshop “Business Resilience and Continuity Risk Management Strategy and Effective Operations”, aimed at co-strengthening enterprises’ information security. The event was joined by representatives, including CFOs, CMOs, COOs, IT Managers, and Regional Managers, of more than 40 businesses.

Speaking at the event, Ms. Bui Nguyen Phuong Chau FPT IS Chief Operations Officer stated: “The digital economy boom has significantly enhanced the role of technology in smoothening business operations and creating new competitive advantages for companies. It, however, also entails information security risks as cyber and ransomware attacks become increasingly sophisticated. Through this workshop, FPT wishes to share our knowledge, solutions, and experience to help organizations and businesses proactively protect their data, meet the latest security policies, as well as operate safely and sustainably in a digital environment.”

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Ms. Bui Nguyen Phuong Chau – FPT IS Chief Operations Officer shared her views at the event.

According to the IBM® Cost of a Data Breach 2023 report, the global average cost of a data breach is USD 4.45 million. The four most breached industries include Finance Banking (14%), Services (12%), Technology (11%), and Industrial Production (11%).

Presenting the topic “Data Security in the Digital Age Risks and Solutions” at the event, Mr. Nguyen Xuan Phong Senior Consultant of Information Security, FPT IS, gave this assessment: “Cyberattacks are currently taking place on various environments, targeting both traditional On-Premises systems and Cloud-based services, such as Private Cloud and Public Cloud. Owing to its simplicity and effectiveness, phishing remains one of the most popular and dangerous methods of attack. As cyberattacks are increasingly larger in scale and becoming more complex, businesses and organizations are facing tough challenges in protecting their data and systems. In addition, damage from cyberattacks is also on the rise for small and medium-sized businesses.”

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Mr. Nguyen Xuan Phong presented the topic “Data Security in the Digital Age – Risks and Solutions” at the event.

Accordingly, the FPT IS expert advised companies to focus on three key factors to ensure data security: people, processes, and technology. The application of data security solutions, as a result, needs to tackle companies’ major problems, including defense capacity improvement; proactive detection and prompt handling; effective data management and safe product development; risk mitigation and compliance; and information security awareness enhancement.

With the goal of co-fighting cyber security fraud with organizations, businesses, and banks, FPT IS has been developing an ecosystem of security solutions, forming a closed circle to fully protect the digital assets of organizations, companies, and individuals participating in transactions in the digital environment. Key solutions in FPT IS’s ecosystem encompass the FPT.EagleEye solution suite (including Managed Security Operations Center – FPT.EagleEye mSOC, Managed Detection and Response Solution– FPT.EagleEye MDR, PCI DSS Consulting, Assessment, and Certification services, Penetration Testing services – FPT.EagleEye Pentest, Proactive Phishing Awareness Training service – FPT.EagleEye Phish-Training) and Anti-fraud Solution for Digital Identity Verification – FPT.IDCheck.

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Experts shared their views and answered questions from workshop attendants.

Also at the event, FPT experts provided a panoramic view of cybersecurity trends in the digital era, answered participants’ questions, and discussed information security issues with business representatives.

 

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