Science/technology

Civil cryptography promoted for economic development

The Government Cipher Commission has just organized the conference ‘Managing and Developing Products and Services of Civil Cryptography in Accordance with Information Security in Digital Commerce’ in Ho Chi Minh City.

Information technology organizations display their security tools in banking transactions, which implement civil cryptography

Information technology organizations display their security tools in banking transactions, which implement civil cryptography

Civil cryptography is the coding technology and products to secure or confirm information which is not confidential of the nation.

Mr. Vu Van Xung, Director of the Authority of Civil Cryptography Management and Cryptography Product Evaluation said that the Central Party as well as the government both approved the promotion of administration reform, e-government building, as well as digital commerce and payment.

In order for applications of digital trading to be sustainably used and for people to avoid forgery or illegal content adjustment and leak, or even database loss, it is essential to foster the use of cryptography. This will ensure a comprehensive security for nearly all digital trading activities.

Statistics of the Authority of Civil Cryptography Management and Cryptography Product Evaluation show that until now, there have been 41 businesses approved to work in the field of civil cryptography, producing more than 900 code products. There are also 59 approved permits of import – export civil cryptography.

In the near future, this Authority is going to perfect all policies and regulations related to the management of civil cryptography to facilitate the commercial and research activities of businesses of the field.

The policy of Vietnam regarding cryptography is prepared to monitor as well as encourage research and implementation of coding in many aspects of life thanks to its diversity, economic effectiveness. It is also to prevent the application of weak cryptography so that information is always secured to meet the strict international demands.

The most obvious implementation of civil cryptography is in banking, with the use of digital signatures, an effective method for banks to increase their competitiveness in the digital era.

All electronic documents can be delivered anywhere via the Internet in next to no time. Therefore, with the combination of this new kind of signature, digital transactions can be done conveniently, saving much time and effort, increasing working performance, while still ensuring the legitimacy of protected data.

In the event, Mr. Pham Quoc Trinh from the Department of Information Technology under the State Bank of Vietnam shared that many units in the banking industry have been promoting the use of digital signature in their daily activities.

Results from a survey carried out in 2017 showed that 16 banks offered authentication service via digital signature, 13 of which delivered this service to business customers and 5 of which to individual customers.

Mr. Vu Van Xung affirmed that the demand for civil cryptography and information security is growing significantly since cryptography products are not only used for national confidentiality but also implemented widely to protect business secrets and to boost the socio-economic growth.

By BA TAN – Translated by Thanh Tam

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