The fourth industrial revolution is driving digital transformation in all sectors of the economy. The finance – banking industry is one of the leading industries in this inevitable trend. Under the impact of the COVID-19, the need for digital transformation becomes even more urgent for all organizations and enterprises to improve the traditional operating model and quickly adapt to the “New normal”. The epidemic is also accompanied by a sharp increase in cyber attacks in both size and quality around the globe, given that the banking – finance industry has already faced a major problem of information & data safety and confidentiality in the recent years.
With the aim to support the Banking industry in Vietnam to quickly overcome the current uncertainties and seize the opportunities of the post-COVID-19 period for successful digital transformation, IEC Group and Vietnam National Cyber Security Center – NCSC co-organized Banking Tech Vietnam 2020 and DF Cyber Defense 2020 on December 16, 2020 at Melia Hanoi Hotel. The event attracted more than 200 senior leaders from the Finance – Banking sector in Vietnam, along with many highly-regarded experts and solution providers in the region.
DF Cyber Defense 2020 with the participation of technical teams from 30 different financial and banking institutions aims to increase coordination, improve skills, reduce processing and responding time to attacks equipped with new techniques and tactics, and improve cybersecurity capacity of the contingent of information security officials in financial and banking institutions. 30 teams were presented with complicated real-life situations to identify the problems, investigate the causes and response to the cyber attacks. Under 3 hours of intensity and challenges, in the end, the technical team from Techcombank excelled at first place with 1374 points. Ranked second was Vietcombank with 1000 points and the third was VPS with 975 points.
Featuring the theme “Digital transformation journey in the unprecedented banking environment”, Banking Tech Vietnam 2020 conference focuses on discussing digital transformation trends in the banking industry, at the same time analyzing and evaluating opportunities and challenges in the transition from traditional banking services to digital models including system redesign, customer experience personalization and information & data confidentiality.
Banking Tech Vietnam will be hosted annually to exchange experience, update knowledge and discuss solutions to enhance cooperation and improve cyber-security capacity for the Banking – Finance industry. In the context of sustainable digital transformation, an event promises further improvement and innovation in the coming years to raise awareness and capacity to ensure information & data safety for banks and financial institutions.
More information on the Banking Tech Vietnam 2020 and DF Cyber Defense 2020 is available at: https://bankingtech.vn/
ABOUT IEC GROUP
International Events & Consulting Group – IEC Group takes the lead in B2B event management, marketing and consulting services. Over the years, we own, develop and organize a portfolio of brand-name conferences and exhibitions that serve customers across industries and provide connectivity and business-critical insight across communities of buyers and sellers. Apart from running series of market-leading summits and a full spectrum of on-demand event management, we leverage our collective experience and knowledge to deliver the marketing and consulting services that help our clients to transform and grow business in Vietnam.