Hanoi: The Ministry of Public Security on May 24 called for strict penalties to prevent the emergence of a black market for personal data, warning that treating such data like ordinary goods could open the door to widespread cybercrime. Speaking at the National Assembly (NA) session, Minister of Public Security Luong Tam Quang said the unauthorised trade in personal data had become a key factor behind large-scale fraud and asset theft cases uncovered by police.
According to Vietnam News Agency, Minister Quang emphasized the urgent need for a robust legal framework to address the growing threat posed by the illicit trade of personal information. He highlighted that without such measures, the country could face increasing incidents of cybercrime, which would not only threaten individual privacy but also national security.
In his address, Minister Quang urged lawmakers to consider amendments to existing laws to impose heavier penalties on those found guilty of participating in the personal data black market. He warned that failure to act decisively could result in personal data being commodified, leading to more sophisticated and widespread criminal activities.
The call from the Ministry of Public Security reflects growing concerns among Vietnamese authorities about the potential risks associated with the unauthorized circulation of personal data. As digital transactions and online services become more prevalent, safeguarding personal information has become a critical priority for the government.