Cyber Crime’s Unsung Victims – Vietnam is a case study in how hacking drives up costs for businesses-even when they aren’t the targets.

Cyber crime is emerging as a major threat to businesses everywhere, with the number of companies reporting various attacks rising rapidly. Yet the nature of the damage done by such attacks remains poorly understood — and is much broader than many imagine. For an example, consider the way Vietnamese businesses often become a hybrid between unwitting accomplice and collateral damage in cyber attacks.Vietnam probably isn’t the first country that comes to mind when considering the cyber-crime problem. It is hardly a high-tech center. Only 31% of the population regularly uses the Internet, and only 1.9% of those users connect via broadband. In contrast, in developed economies such as South Korea more than 82% of the population are regular Internet users and broadband accounts for 88% of all connections.
http://online.wsj.com/article/SB10001424127887324747104579024250558251702.html

Leave a Reply

Your email address will not be published. Required fields are marked *