The State Bank of Vietnam’s Deputy Governor Pham Tien Dung spoke at the National Cybersecurity Association’s workshop “AI for Security and Security for AI” in Hanoi, outlining how artificial intelligence is being adopted in banking and how it is changing the cyber risk landscape. He stressed the need for closer coordination between public authorities, businesses and experts to strengthen cybersecurity and ensure the security and safety of AI systems. Pham Tien Dung highlighted AI use cases in finance and banking including credit assessment and scoring, fraud detection, process automation and customer support, while noting that attackers are exploiting AI to automate and scale campaigns and increase their sophistication, complicating the threat environment and challenging traditional defences. Workshop discussions also pointed to risks such as personalized scams, deepfake-enabled impersonation and adaptive malware, and referenced ongoing work to refine Vietnam’s cybersecurity and AI governance framework, with an emphasis on safety, transparency and accountability across the technology lifecycle, alongside comments from the Ministry of Public Security on AI’s strategic implications for national security.
State Bank of Vietnam 2026-04-07
State Bank of Vietnam flags AI-driven cyber risks and urges joint action to secure AI systems
The State Bank of Vietnam’s Deputy Governor Pham Tien Dung used a National Cybersecurity Association workshop in Hanoi to outline how artificial intelligence is reshaping banking operations and cyber risks, calling for closer coordination between authorities, businesses and experts. He highlighted AI applications in credit assessment, fraud detection, process automation and customer support, alongside emerging threats such as personalized scams, deepfake-enabled impersonation and adaptive malware, and referenced efforts to refine Vietnam’s cybersecurity and AI governance framework with a focus on safety, transparency and accountability.