Nov 30, 5:55 AM EST Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury Business By Ranjitha Shastry 11/30/18 AT 5:54 AM Kaspersky Labs published a report Wednesday that highlighted the growth of cryptocurrency mining attacks in 2018. The report also traced the methods that illegal miners employ to hack individual and corporate computers, and lists the possible reasons for the predominance of malware attacks in crypto mining industry.A likely explanation for cybercriminals’ increased interest in crypto mining could be because the malware, once deployed, is difficult to detect or trace back, by both the victims and the police. The report further examined the reasons for the predominance of this type of malware in some regions over others and concluded that regions with a lack legislative framework on pirated and illegally distributed software were more likely to have a larger number of victims of cryptojacking."In Algeria and Vietnam, … [Read more...] about Crypto Mining Attacks Hit Kazakhstan, Vietnam Hardest, US Least Affected, Kaspersky Says
Vietnam software development company
Tima has 23,775 lenders and 2,133,405 borrowers on its platforms. - Photo TimaViet Nam News HÀ NỘI — Việt Nam’s financial marketplace and peer-to-peer (P2P) lending platform Tima has raised US$3 million in Series B funding from Belt Road Capital Management (BRCM), a Greater Mekong-focused private equity fund, Tima announced on Monday. The latest investment valued the leading Vietnamese consumer finance marketplace and P2P lending platform at nearly $20 million. The company, which was set up in 2015, raised a Series A round in 2016 from Dunearn Singapore Fund and G Capital. According to Tima, the new funding would be used for its expansion and growth in Việt Nam’s 63 cities and provinces, besides investing more in technologies and human resources to quickly and conveniently connect borrowers and lenders with financial technologies. Tima’s general director Trần Thế Vĩnh said the company had received a lot of interest … [Read more...] about P2P lending company raises $3 million in funding
Illustrative image (Source: VNA) The event will be hosted by the Vietnam Software & IT Services Association (VINASA) as part of activities to celebrate the 45th anniversary of diplomatic ties between the two countries. Japan ICT Day 2018 is expected to attract 350 domestic and foreign delegates, including 100 from Japan. It will features workshops, talk shows, business matching events to promote links between Vietnamese and Japanese IT firms, and Hackathon Vietnam 2018 competition. During the event, updated reports on the development of IT cooperation between Vietnam and Japan will be presented. Participants will be also provided with an overview of Japan’s IT industry and Alphabeta’s report on digital country. Leading IT firms of both sides will share information related to smart city projects in Hanoi, and discuss the reality of Vietnam-Japan IT cooperation in new technology projects, and measures to improve the quality of the collaboration. For the first time, … [Read more...] about ICT Day to promote Vietnam-Japan IT collaboration
VietNamNet Bridge - Vietnam’s software firms are developing steadily with stable revenue growth rate of 50 percent per annum. Vietnam's software industry is developing rapidly One of the most important goals set in the Party Politburo’s Directive No 58 released in 2000 was developing IT, especially software, into an important key industry Vietnam’s software firms only began learning ‘how to walk’ two decades ago, when China and India had already become the world’s software export centers. However, they just needed a short time to be added to the list of leading software exporters. In 2000, FPT took the first steps to export software. But in 2014-2017, the largest Vietnamese IT group was recognized by IAOP (International Association of Outsourcing Professionals) as one of top 100 outsourcing service providers – The Global Outsourcing 100. Gartner, when assessing the IT outsourcing services provided by the countries in Asia Pacific, … [Read more...] about What’s status of Vietnam’s software industry after two decades of development?
VietNamNet Bridge - On a nice day in 2013, Lam Quoc Vu, full of hope, met investors to raise funds for QA Symphony, his two-year-old business. But investors in Silicon Valley took the wind out of his sail. Mr Lam Quoc Vu Vu had only two minutes to talk about his project and had to leave after two questions. However, four years later, QA Symphony got $40 million from Insight Ventures Partners. It is difficult to become a product development or an outsourcing company. The former has to spend big money on product design, market openings, marketing and sales. However, the latter cannot create big value. It is difficult to become a product development or an outsourcing company. The former has to spend big money on product design, market openings, marketing and sales. However, the latter cannot create big value. RELATED NEWS Vietnam software segment lags in innovation, creativity Vietnamese software companies invest in Japan Mai Chi … [Read more...] about The man with a ‘made-in-Vietnam’ software dream