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Tag Archives: losing information

Vietnamese banks sound alarm over cybercrime

Vietnam has become a hotbed of cybercrime, with criminals becoming increasingly sophisticated while banks still using old, insecure technologies.

Many banks in Vietnam have reported about customers losing information about their accounts to criminals through phishing attacks and other methods. In a recent statement Techcombank said it had detected many cases of fraud and misappropriation of money by faking Western Union transactions. The criminals would send victims fake Techcombank …

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