The suspected bank statement of comedian Hoai Linh was released. Immediately after receiving the feedback, MB checked and verified the above incident, discovered that an individual working at the bank had leaked customer information, this individual had seriously violated regulations. of the bank. “In the spirit of respecting the law, the Bank is committed to taking strict measures to ensure absolute compliance with the provisions of the law on protecting customer information. The Bank will take appropriate disciplinary measures for individuals who disclose/leave information, do not comply with professional ethics regulations, do not comply with the Laws and regulations of the bank,” the notice stated. Before the above incident, the bank suspended the work of the violating individual and will organize disciplinary action with the highest form, at the same time, the bank has transferred the file to the investigation agency for handling. In addition, the bank confirmed that the above information disclosure was not caused by a breakdown in the bank’s information technology system or a hacker attack. The bank’s IT system is built on the most advanced technology and security platforms in the world today, the bank’s online transaction rate reaches 90% with 100 million safe transactions. According to the bank, for the APP MB product, the bank has brought financial experiences beyond expectations to customers. Transaction information is protected by 3 layers of fences including: The first is the eMB application protection system with the feature of refusing to install with unsafe devices; Anti-decompile code and locking protect sensitive data. The second layer of encryption protects when the application transmits information to the service server at the bank, ensuring data integrity and inviolability; The final barrier of protection is built on each feature provided by Ebank (when applying Smart eKYC technology to identify customers, additional AI is used for face and voice authentication; using Generation Digital OTP. 3.0 with the addition of Dynamic Key security technology being used by the Singapore government…). According to MB, in order not to let similar incidents happen again, and to keep customers’ information and transaction data secure, the bank has also reviewed the working processes, strictly decentralized and stricter work discipline.

Mobile Money serves up to 90% of small transactions Faced with this shortcoming, the Ministry of Information and Communications believes that Mobile Money will be an effective solution to add to the means of payment for Vietnamese people. If Mobile Money service is licensed to telecommunications companies, the coverage of e-payment services will quickly reach 100% of the population. This will promote e-commerce, agricultural commodity exchanges, especially in remote areas, promote online public services, promote Fintech companies, innovative startups, help economic growth. All countries that allow Mobile Money generate economic growth of up to 0.5%. According to calculations by major service providers, Mobile Money will probably serve up to 90% of small transactions. This is an opportunity for telecommunications companies to promote digital transformation of customers. Because, users can easily buy online goods services as well as digital content services in the telecommunications company’s ecosystem. On the contrary, this is also the driving force for telecommunications companies to digitally transform. This will bring great benefits to society to move towards a digital economy and digital society in the future. Commenting on this issue, Mr. Vu Hoang Lien, Chairman of Vietnam Internet Association, said that Mobile Money service will bring many benefits to consumers and society and promote non-cash payments. However, the Mobile Money service will also impact payment intermediary service providers as the service will share the market, customers and business algorithms. However, with the trend of technology, we need to further improve the payment environment to be a driving force for development. “If licensed soon, Mobile Money will be the Government’s first sandbox to create breakthroughs and create strong momentum for new technologies and new services to be introduced to society. If we look at the services If new services bring benefits to the people and the country, it will be very easy to put these sandboxes as a driving force for development. Whether the policy admits new things and new components to the market or does it still keep its own territory for the old ones Sandbox will create a breakthrough legal environment that dares to accept change, accept new things create new vitality of society in the trend of digital transformation,” said Mr. Vu Hoang Lien. Mobile Money: an opportunity for telecom companies The Chairman of Vietnam Internet Association emphasized that the opportunity for telecommunications companies for Mobile Money service is very clear when they have a customer base because most Vietnamese people use mobile phones. The telecommunications company’s services are also the foundation for connecting many essential services of society, so it will open up great opportunities for the development of Mobile Money services. Three major service providers, Viettel, VNPT, and MobiFone have also applied for permission to provide this service. In this race, the company that solves the management problem to bring benefits to customers will prevail. From Mr. Lien’s point of view, Viettel is slightly better than other service providers because of its large customer base and good management. However, telecommunications companies can take advantage of their strengths to attract customers, so this will be a hot market in the near future. Currently, the Government has agreed to test the Mobile Money service for 2 years, but service providers are still waiting for a license. Commenting on this delay, Mr. Mai Liem Truc, former Deputy Minister of Transport and Communications (now the Ministry of Information and Communications) said that Mobile Money was delayed by about 2 years. If this service is licensed early, it will bring many benefits to society and the economy. Mr. Truc also emphasized, Sandbox is the direction for the Government to vigorously test new technology services that bring benefits to the people and the country. “Sandbox” is a pilot institutional framework, allowing a small number of businesses, to test new technologies and new business models in a practical environment but with a defined scope and time, under the supervision of regulators and have appropriate hedging plans in place to prevent the consequences of failure without having a major impact on the national financial system. Following the government’s direction, the State Bank is currently building regulatory sandboxes for financial and banking services based on information technology, including Mobile Money.

Mr. Le Duy Minh, Director of Ho Chi Minh City Tax Department According to Mr. Le Duy Minh, Head of Tax Department of Ho Chi Minh City, in order to control and manage taxes, their technology platform and business programs and software must be located in Vietnam and be managed by authorities. physical. Currently, the Ho Chi Minh City Tax Department can only verify from the bank account the revenues and expenditures of these units, that is only working at the “top”, but not yet able to do the “original part”. The City Tax Department is proposing to the Ministry of Industry and Trade to support this issue. “All these transactions, the Ministry of Industry and Trade, have to support the City Tax Department to be able to penetrate their system. We must have solutions and software to track online purchases and sales to be able to strictly manage them. I now just stop at the level of verifying that their accounts are opened in Vietnam, how they collect and spend taxes on that basis ”, said Mr. Le Duy Minh.

According to the Bloomberg Over the past time, many international experts have expressed concern about China launching a national digital currency. British historian Niall Ferguson predicts that the digital yuan threatens to threaten America’s dominance in the global financial industry. Michael Hasenstab, head of investment fund Franklin Templeton, said that the digital yuan will weaken the position of the dollar, the reserve currency in the world. The administration of US President Joe Biden is studying the potential threat of the digital yuan to US national interests. However, those who are actually using their digital NTD are indifferent. Shenzhen is the city that runs the largest-scale digital yuan testing campaign. Reply Bloomberg Participants said they were not interested in leaving Ant Group or Tencent Holdings’ online payment apps. Online payment apps have been replacing cash in China for a long time. Photo: Getty Images. No conversion is intended “I’m not excited at all”, Bloomberg quoted Patricia Chen, who works in the telecommunications industry, as saying. She is one of more than 500,000 Shenzhen residents eligible to participate in the digital yuan trial. In this test, participants will download the government’s e-wallet application on their phones, connect to their bank accounts, and can convert up to 10,000 yuan ($ 1,548) in cash to digital currency. number (e-CNY). Similar to Alipay’s Ant Group app and Tencent’s WeChat Pay, digital yuan transactions are done very quickly using QR codes. When there is no Internet, users can use near field communication technology to make payments. Vera Lin – 25, an employee of a financial company in Shenzhen – said using digital yuan is quite easy. However, she has no intention of switching to digital yuan as the current online payment applications work seamlessly with other e-commerce services and platforms. Many people in Shenzhen said they have no intention of switching to digital yuan altogether. Photo: Reuters. Many stores participate in a trial of a 10% discount on digital yuan customers. However, that was not enough to convince Lin. She said Ant Group or Tencent’s platforms often offer discounts on many services, from ride-hailing to food delivery. Privacy is also a concern for Jan Chen, a 33-year-old civil servant. “The fact that the authorities can track every payment transaction is scary,” Chen said. I’m not excited at all User Patricia Chen In addition, some merchants and store owners revealed that they are concerned that information about all transactions goes directly to government databases even though the People’s Bank of China (PBOC) previously secured most of the delivery. translation will be confidential. In March, a representative of the Institute of Cryptocurrencies Research confirmed that PBOC will not directly know the identity of the user. However, the Chinese government may obtain information from financial institutions if it is suspected of illegal conduct. In addition, PBOC also encourages stores and merchants to use digital yuan by using free of charge. Currently, Alipay and WePay apps charge 0.6% per transaction. Difficult to take market share The yuan currently accounts for only 3% of total global payments. Expert Zennon Kapron, Director of consulting firm Kapronasia (Singapore) said that the digital version will only help the Chinese currency increase its market share by 1%. “The global impact of the digital yuan will be very small, unless China changes its economic structure and financial system,” said expert Kapron. Chinese officials themselves also show restraint when talking about the digital yuan. Last month, Mr. Li Bo – PBOC’s deputy governor – affirmed that China is developing a digital yuan to serve the domestic market, not with the intention of replacing the dollar. Previously, former PBOC Governor Zhou Xiaochuan said the digital yuan was a solution to help China fight the potential threat from cryptocurrencies like Bitcoin. Kapron predicts that if the digital currency fails to attract users, the Chinese authorities will take steps to increase the control of data collected by internet and financial companies such as Ant Group and Tencent. . Bloomberg Intelligence analyst Francis Chan also thinks that Chinese authorities can force Internet platforms and businesses to use the digital yuan. Chan and BI analyst Sharnie Wong predict that the electronic yuan will be widely used in China before the 2022 Beijing Olympics. It is likely that the digital yuan will take up 9% of the domestic online payment market share by 2025. That will be a big change, but the digital yuan still has a long way to go before the challenge. status of Alipay and WePay. These two payment applications account for a total of 90% of the market share in China. Expert Michael Ho, director of financial services at Oliver Wyman, also said that convincing the world to accept the digital yuan even more difficult.

Send a petition to Ho Chi Minh City Women’s Newspaper, Ms. TBC – in Thu Dau Mot city, Binh Duong province – said that she had just been stolen by an object, appropriated more than 58 million dong in credit card. Ms. C. said, on March 2, she saw the phone displaying a message “unable to call”. The next day, she went to VNPT Binh Duong Business Center to check and rebuild a new sim, but the staff said that the sim card was not damaged, it was still working in two directions; “Cannot call” may be caused by phone malfunction. A fake message on the network operator calling for users to upgrade to a 4G sim. Phone subscribers need to be very wary of this kind of message – Photo: Provided by Competition and Consumer Protection Department On March 4, she asked to renew a new sim and a new one to work properly (listen, call). On March 12, when she accidentally read an article about the theft of money from her credit card, she immediately logged into her Fe Credit credit card account to check, and discovered that the money in the account was completely withdrawn in the form of purchase payment. Suspecting that her sim information was leaked during the sim remake process, Ms. H. came to complain at VNPT Binh Duong Business Center, just learned on March 2, there was a transaction to replace her sim card in Ho Chi Minh City. “I live in Binh Duong, have never made a transaction to replace my sim card in Ho Chi Minh City. VNPT Binh Duong Business Center also confirmed to only perform one SIM replacement transaction in Binh Duong. Thus, there is a fraudster who falsified my papers to perform a sim replacement transaction in Ho Chi Minh City and then appropriated property “- Ms. C. said. Not long ago, Dang Thanh Hai – in Ho Chi Minh City, the owner of a Viettel subscriber – suddenly blocked his mobile phone number, then was withdrawn 30 million dong from his bank account. Mr. Vu Minh Nhat – in Hanoi, the owner of a Mobifone subscriber – also had his sim stolen and then hacked into his bank account, losing 74.8 million dong via online payment. In the above two cases, the fraudster used a notarized copy of the identity card (ID card), went to the phone store (also the agent of the network operator) to register the procedure. In the case of Mr. Hai, the employee does not compare the copy of ID card with the original ID card; In the case of Nhat, the staff did not see the original ID card, nor did they require the latest contacts to verify. Recently, Thanh Hoa City Police, Thanh Hoa Province prosecuted seven subjects for counterfeiting ID cards according to customer information and then pasted their photos, to transaction points of network operators such as Viettel, Vinaphone to report the loss of their sim cards. suggest to redo the sim with the old number After being granted phone numbers from the carriers, the subjects used fake IDs and stolen phone numbers to make unsecured loan contracts from Fe Credit with loans from 20-70 million VND, appropriating a total of 500 million dong. The network operator can not be indifferent In the case of Ms. TBC, the representative of Vinaphone’s mobile phone network admitted, Vinaphone staff made a mistake in the process. Rather, in order to be reissued (in case of no sim), the subscriber must present his ID card, fill out an application form to reissue the sim, provide five outgoing and five dialed phone numbers. come. But the transaction staff in Ho Chi Minh City did not ask the replacement sim (the fraudster) to present ID card, just provide five phone numbers to call out and call. As a result, the fraudster easily obtained the sim of Mrs. C. and then appropriated more than 58 million dong in the credit card. Why does the fraudster know the five dialed and dialed numbers of the sim owner? According to Mr. Vo Do Thang – Director of Athens International Security and Network Management Training Center – the crook can use many of his own sims to phone, send text messages to the subscriber owner to call back and easily get the list. these calls. The situation of sim theft is happening more and more, but the network operators have not changed the sim re-issuance process as well as require transaction staff to be more cautious in re-issuing the sim, in order to ensure safety for customers. According to Mr. Vo Do Thang, the easy re-issuance of sim cards has created a gap for the fraudster who steals the sim. Employees often check for passport or not check, while counterfeiting ID is not difficult; Furthermore, they also have no inspection skills so it is difficult to detect tampering. “If the network operator takes one more step, such as issuing a password when issuing the sim for the first time, there is a secret question that only the subscriber knows, using artificial intelligence to detect the sim owner’s face … Having forged papers, it is not possible to steal the sim card ”- Mr. Vo Do Thang proposed. The representative of Vinaphone added that this company had collected information related to the theft of Ms. C.’s sim and transferred it to the police station to assist the victim. According to FeCredit Finance Company, because Mrs. C. was not at fault in this case, she is not responsible for the lost credit card amount. Why do I lose money in credit card when I lose my sim card? Most of the victims in the sim lost cases are stolen money by fraudsters by making online payments. Three factors are required to pay for online purchases: First, a mobile phone number – the credit card holder must register this number with the bank to authenticate transactions and receive bank notices. Second is the card number (the serial number printed on the front of the credit card). Third is the OTP authentication code (one-time password) sent via registered phone number with the bank. According to Mr. Vo Do Thang, the victim’s credit card number has been stolen by the fraud before, the sim theft is just the last step to steal money. After the sim is stolen, the fraudster will take the victim’s credit card number to pay online, then use the sim to receive the OTP code. Therefore, not everyone who loses their sim card will lose money in their credit card, in their bank account, only when they have revealed their credit card or account information before that the fraudster can steal the money. The victim’s credit card information may be exposed during previous online transactions by entering fraudulent websites, being infected with malicious code on the phone to steal card information or possibly due to The credit institution does not guarantee security. According to Mr. Vo Do Thang, criminals just need to steal credit card information, steal sim cards, and get OTP codes to steal money in the victim’s account shows that it is a great risk. Online payment processes of most credit institutions are still lax. “In this situation, the most important card users need to closely protect their card and account information, to avoid providing it to strangers. Absolutely do not visit strange websites or open attachments that are sent to unknown origin to avoid being installed with malicious code. Should be equipped with anti-virus software, anti-software with self-copy function (Trojan), keyboard manipulation monitoring programs (Keylogger), equipped with firewall protection … (According to Women HCMC)