The lack of cybersecurity protection is hindering the growth of online businesses in Vietnam, according to experts from Viettel Cyber Security (VCS). They addressed challenges and strategies for the retail, e-commerce, and logistics sectors at a recent seminar, warning participants about the severity of ransomware attacks. VCS advised firms to partner with specialized cybersecurity businesses to understand threats and develop appropriate countermeasures.
US charges suspected LockBit ransomware developer
The US Department of Justice has charged Rostislav Panev, alleged developer for the LockBit ransomware group, with 41 counts including wire fraud and extortion. Panev,