The monitoring reports of credit institutions showed that the numbers of customers who were scammed resulting in financial losses in August decreased by 50 per cent and the number of bank accounts receiving fraudulent money also dropped by 72 per cent as compared to the first seven months this year.
The campaign will feature contributions from prominent content creators in Vietnam to widely disseminate practical and easy-to-remember tips that help social media users protect themselves from online scams.
It is an urgent need to strengthen security for online transactions amidst burgeoning cashless payments, an official from the central bank has said, referring to biometric authentication to be mandatory from July 1.
