Rapid increase of cybersecurity spending in Vietnam!

MDIS Partners with Teesside University, UK to offer New Bachelor’s Degrees in Cybersecurity and Networks, and Information Technology.

Management Development Institute of Singapore (MDIS) is offering two new Bachelor of Science (Hons): Cybersecurity and Networks, and Information Technology, to meet the increasing demand for human resources in the cybersecurity and information security industries. These new programs are the partnership between MDIS and Teesside University in the UK.  The degrees will be the same as that awarded to the full-time students at the University main campus in the UK.

Industry 4.0, the fourth industrial revolution is closely associated with the topic of cybersecurity. A rapidly increasing number of Industry 4.0 cybersecurity incidents emerge, additionally stressing the need to strengthen cyber resilience.  The data and asserts of corporations, governments and individuals are also at constant risk with a host of new and evolving cybersecurity threats such as malware, phishing, machine learning and artificial intelligence, and cryptocurrency, etc.

As the threat of cyber attacks increases, there will be more demand for human resources with cybersecurity skills.  Those who possess such skill sets will be in a very good positon when it comes to finding jobs and globally, it is estimated that there will be 3.5 million unfilled cybersecurity jobs by 2021.

The cybersecurity market in Vietnam is expected to reach USD$215 million in terms of revenue by the year ending 2023, according to new figures from Ken Research.

The Ministry of Information and Communications’ monitoring system also recorded 203 million cybersecurity events in the first 6 months of 2019, an increase of 9% over the same period in 2018. In which, dangerous attacks related to Malicious code in the system serving e-government has been increased by 2 times.

Therefore, cybersecurity experts warn that in the coming time, the units deploying systems and services related to e-Government should pay attention to the prevention of malicious code. According to the latest statistics of the Vietnam Computer Emergency Response Team, from the beginning of 2019, the center has recorded 6,219 incidents of network attacks on Vietnam’s websites; including 2,155 phishing attacks, 3,824 cases of interface-changing attacks (Deface) and 240 incidents of infected websites (Malware).

Therefore, the Ministry of Information and Communications has established the Vietnam Cybersecurity Emergency Response Teams/Coordination Centre since early this month to address cyberattack and to create a safe environment for governments, businesses and people to use digital technology.

Bachelor of Science (Hons): Cybersecurity and Networks, and Information Technology are awarded by Teesside University, UK, which is a leading university with an international reputation for academic excellence that provides an outstanding student and learning experience underpinned by research, enterprise and the profession. The program provides students a hands-on approach and strong emphasis on network infrastructure, particularly how they can create and manage secure networks.  Students also explore a range of different network platforms and learn about their applications: how different network architectures are used in industry; network convergence; how to deliver excellent server administration and enterprise server management; investigation of mobile services; implementing network virtualisation and virtual network security; and understanding the needs of specialist networks such as automotive, robotic and sensor networks.  There may also be the opportunity to achieve Cisco certification during the first two years of their course.  Therefore, students could progress into career including IT Security Engineer, Security Systems Administrator, Security Architect, Information Technology/ Security Analyst and Forensic Computer Analyst, etc.

Mullaikodi, MDIS School of Technology’s Head says: “The two bachelor degree programs are designed to help students from many countries, including Vietnam, reach the new heights.  Both will provide students with exciting and important competitive advantages in an international workplace and give them enhanced career opportunities in cybersecurity and information security industries.  In order to look for new growth drivers in the years ahead, Vietnam needs to propose many solutions, in which, high-level management workforce is among the key factors.”

As Vietnam’s digital economy continues to thrive, its gross merchandise value is 4% of the country’s GDP, higher than any other country in Southeast Asia. It is predicted that the IT sector will continue to be a driving force for growth and transformation in the Vietnamese economy, especially in delivering Industry 4.0 ambitions, as this will secure the country’s strong competitive regional position in the coming decades.  The Vietnam retail market is also expected to grow at a growth rate of 26% by the next 5 years owing to rise in investments in this sector.  This has resulted in increase in number of credit card transactions which has increased the need for efficient cyber security solutions in this sector.  The ICT Industry is further expected to grow at a fast pace due to the Vietnam government’s desire to turn Vietnam into an ICT Power for growth and transformation of the Vietnamese economy.  The cybersecurity and IT sectors will therefore require high demand of skilled workforce with the industry’s forecast.

Furthermore, Vietnam has grown to become one of the most attractive investment marks in the regions across several sectors, but the IT industry and its digital economy stand as the most promising and through the steady growth of the Vietnamese economy in recent years, small and medium enterprises, large enterprises, joint ventures; or foreign-invested enterprises have high demand for human resources in the fields of both cybersecurity and information security.

For more details about the programs of Cybersecurity and Networks, and Information Technology, please visit MDIS website: https://www.mdis.edu.sg/school-of-technology.

 

 

About MDIS

The MDIS School of Technology (SOT) aims to help students who are keen in Information Technology (IT) to gain a broad-based and holistic education in tech school by providing a comprehensive suite of programmes from diploma to bachelor’s degree in Singapore.

The tech school undergraduate programmes in Singapore are awarded by well-accredited Teesside University (UK), ranked joint 34th in UK universities for student experience, Times Higher Education Student Experience Survey 2018 and ranked 15th in the University of the Year category of Whatuni Student Choice Awards 2018.  Teesside University is a global education pioneer of animation, games and computer graphics and is ranked as one of the top 20 places in the world to study animation (3D World).

 

About Teesside University

Teesside University is a leading university with an international reputation for academic excellence that provides an outstanding student and learning experience underpinned by research, enterprise and the professions.

Founded on a rich heritage, the University has taken a leading role in employer engagement, the enhancement of learning, teaching and the student experience, real-world research, staff and leadership development, employer workforce development, social, cultural and community enrichment and widening participation.

This bold commitment and vision culminated in the University becoming the first modern university to receive recognition as the Times Higher Education UK University of the Year.

  • Awarded Silver in Teaching Excellence Framework 2017 (TEF)
  • Awarded the Queen’s Anniversary Prize for Excellence and Outstanding Work in the Field of Enterprise and Business Engagement 2014-2018
  • Listed in the Times Higher Education (THE) World University Rankings 2016-17 (601-800th world band listing)

 

Press release distributed by EloQ Communications.

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