Vietnam has seen a steady increase in digital adoption, with over 65 million online banking users in 2026. Despite this growth, the identity theft rate remains relatively low at 4.8 per 100,000, thanks to improved cybersecurity awareness and government initiatives. However, the high volume of reported cyber attacks—over 1.2 million—indicates ongoing challenges in protecting digital assets across sectors. Businesses are increasingly adopting security measures, but more efforts are needed to combat cybercrime effectively.
The average cost of a data breach in Vietnam has risen to USD 120,000, reflecting the economic impact of cyber threats. As digital infrastructure expands, the government and private sector are investing heavily in cybersecurity, yet vulnerabilities persist, especially among smaller firms. Continued education, advanced security protocols, and international cooperation are essential to reduce cybercrime and safeguard Vietnam's rapidly evolving digital landscape.