What Adverse Consequences Arise From Cybercrime?

What Adverse Consequences Arise From Cybercrime?

What Adverse Consequences Arise From Cybercrime? In an age where the internet and its interconnected devices play an increasingly central role in our lives, we find ourselves becoming more dependent on this digital realm. This significant shift has yielded various benefits across numerous sectors, although it is not without the looming threat of cybercrime.

Consequences arise from cybercrime
What Adverse Consequences Arise From Cybercrime?

It has enhanced the convenience, cost-effectiveness, and security of online purchases, revolutionized long-distance communication, and hastened the dissemination of information. Nevertheless, the escalating dependence on the internet has concurrently spawned a menacing specter: cybercrime. Globally, cybercriminals and hackers exploit the exchange of information and online transactions, posing a substantial threat to individuals and businesses, irrespective of the scale of their online presence.

In this extensive article, we will explore the multifaceted realm of cybercrime. We will delve into the scope of cybercrime, its potential impact on businesses, and effective strategies for safeguarding your enterprise against these digital threats. Our exploration will encompass

What is consequences arise from cybercrime?

The term ‘cybercrime’ acts as a broad category, covering a diverse range of criminal activities conducted through the internet, often facilitated by electronic devices like computers connected to the web. These cybercrimes take on different forms and present varying levels of risk

The driving forces behind cybercrimes

The predominant motivation fueling most cybercrime endeavors is financial gain. Although some cyberattacks are driven by the sole purpose of causing harm to digital assets or devices for political or personal reasons, such incidents are relatively rare. Cybercriminals utilize a diverse array of schemes and techniques to monetize their illicit activities. A few examples include:

Extortion

Cybercriminals may capture vital or sensitive data and demand a ransom for its release. Modern cybercriminals employ tactics like ransomware or structured Distributed Denial of Service (DDoS) attacks to extort victims.

Phishing

Cybercriminals seek to obtain sensitive information by impersonating well-known individuals or brands. This cybercrime form typically entices unsuspecting victims into disclosing personal information. The stolen data can be monetized in various ways, such as making unauthorized purchases using stolen credit card information or selling personally identifiable or sensitive data to third parties.

This list offers insight into the strategies cybercriminals use to initiate and profit from their attacks, although it is not exhaustive.

the driving forces behind cybercrimes
The driving forces behind cybercrimes?

Various manifestations of cybercrimes

The U.S. Department of Justice classifies cybercrimes into three primary types:

Criminal Activity Targeting Computers: This involves infecting devices with malware.

Criminal Activity Utilizing Computers

Criminals use computers to commit other crimes, such as sending spam emails containing links to phishing sites.

Criminal Activity Where Computers Serve as Accessories to Crimes

In this scenario, computers are used in conjunction with other criminal activities, such as storing stolen credit card information.

Cybercriminals may engage in one or more of these activities simultaneously. For example, a cybercriminal might infect a computer with malware, gain control of it, and subsequently use the compromised computer to launch a DDoS attack against another target.

Examples of Cybercrime Activities

Every day witnesses a multitude of distinct cybercrime activities, with new methods and technologies continually emerging. Here are some noteworthy examples:

Phishing

Among the most prevalent cybercrimes, it involves the fraudulent impersonation of reputable entities or individuals to deceive victims into revealing personal or sensitive information. Phishing is not confined to email; it can also occur through other communication channels like text messages and social media direct messages.

Spear Phishing

A targeted form of phishing directed at specific individuals, often involving extensive research on the victim to craft convincing attacks.

HTTPS Phishing

Cybercriminals employ fake HTTPS websites, primarily through email, to trick users into sharing sensitive information.

Pharming

A technique redirecting users from intended websites to malicious ones, often initiated by malware infections.

Malware Infection

Malware takes various forms, including computer viruses, Trojans, and worms. These malicious programs can modify or damage files, replicate themselves, or open backdoors for cybercriminals.

Data Breach

This umbrella term covers multiple cybercrimes aimed at illicitly accessing confidential or sensitive information.

Cybersquatting

Cybercriminals register and exploit domain names resembling those of legitimate businesses or individuals to profit from them, often by selling them at exorbitant prices.

DDoS Attacks

Denial of Service (DoS) attacks aim to disrupt internet services, while Distributed Denial of Service (DDoS) attacks involve multiple unwitting computers overwhelming a target with requests.

Cryptojacking

A relatively recent cybercrime, involving the hijacking of computer resources for cryptocurrency mining.

Cyber Espionage

Attackers clandestinely obtain data from businesses or individuals without consent, often via hacking.

Potential Hazards and Consequences of Cybercrime on Businesses

Cybercrime historically posed a greater threat to larger enterprises with prominent online footprints. However, recent trends suggest a shift towards targeting smaller businesses and organizations, taking advantage of their comparatively weaker security infrastructure. As a result, no entity is immune: while large corporations continue to be lucrative targets, smaller businesses and even individuals now face significant risks

Here are some of the critical adverse repercussions that cybercrime can inflict on businesses:

Disruption of Service or Operations

Cyberattacks, such as DDoS and malware infections, can cause significant disruptions to daily business operations, resulting in not only revenue losses but also potential harm to brand reputation. Hacktivist groups, in particular, may target organizations to protest perceived wrongdoings.

Financial Repercussions

Cybercrimes can lead to severe financial consequences, including the loss of customer trust, competitive disadvantages due to leaked pricing strategies, indirect financial impacts from operational disruptions, extortion through ransomware, and expenses associated with hiring legal and cybersecurity experts. For instance, Home Depot incurred a $13 million Settlement Fund in 2014 due to the theft of 50 million credit card records.

Stolen or Infringed Intellectual Property

Certain cybercrimes aim to pilfer or violate a business’s intellectual property, such as domain squatting, which involves registering domains mirroring legitimate ones before the actual trademark holders can do so. Many businesses now store intellectual property in the cloud, making it vulnerable to cyberattacks.

Forced Changes in Business Practices

The threat of cyberattacks or actual breaches can compel businesses to alter their daily operations, adapting to factors such as data breach threats or legislative changes like the General Data Protection Regulation (GDPR). Consumers’ growing concern for security also forces businesses to prioritize trust-building.

Reputational Damage

Businesses can suffer long-lasting or permanent damage to their reputations following cybercrimes. Studies indicate that compromised companies may witness share price drops, and customers tend to trust affected businesses less, often ceasing transactions with them altogether.

As an illustration, a report from Comparitech in 2021 disclosed that companies experiencing security breaches saw an average drop of 3.5% in their share prices.

Protecting Your Business Against Cybercrimes

To safeguard your business against the ever-evolving landscape of cybercrimes, consider adopting the following best practices:

Keep Everything Updated

Regularly update software and operating systems, including robust internet security solutions like antivirus software. Cybercriminals frequently exploit known vulnerabilities, making updates crucial for defense.

drm protecting your business against cybercrimes
DRM: Protecting Your Business Against Cybercrimes

Use Strong and Unique Passwords

Employ lengthy, complex passwords composed of letters, numbers, and symbols. Avoid reusing passwords across different sites and change them periodically. Password management solutions can assist in generating and managing strong, unique passwords.

Utilize Reliable Security Solutions

Given the diversity of cybercrimes targeting businesses, invest in comprehensive security software solutions, including:

  • Reliable antivirus and anti-malware software with AI-driven behavioral detection.
  • Bot detection and mitigation to safeguard against malicious bots.
  • Real-time Brand Protection Solutions for detecting trademark and copyright infringements and automating takedown requests.

Educate and Train Your Employees

Your business’s security is only as robust as its least informed personnel. Integrate cybersecurity training into employee onboarding and consistently update it to address emerging threats. Give particular focus to fostering awareness of phishing and developing effective response strategies.

Considering the Future

Cybercrime is no longer confined to large enterprises; smaller businesses and individuals are equally vulnerable. It is imperative for everyone to take steps to protect themselves from cybercrime, given its potentially far-reaching consequences. By implementing the actionable tips outlined above, you can establish a robust foundation for safeguarding your business and yourself from the dangers of consequences arise from cybercrime.

Training Program: Sale Planning And Key Account Management For Thu Do Multimedia

Training Program: Sale Planning And Key Account Management For Thu Do Multimedia

Training Program: Sale Planning And Key Account Management For Thu Do Multimedia Corporation took place on the 7th and 8th of December in a solemn, vibrant, and serious atmosphere. This series of activities is part of the Private Sector Competitiveness Enhancement Project (IPSC) initiated by the Enterprise Development Agency, Ministry of Planning and Investment, with sponsorship from the United States Agency for International Development (USAID). The project involves the selection and implementation of technical support activities for pioneering businesses.

Training Program: Sale Planning And Key Account Management

Training Program: Sale planning and Key account management

Building business management capabilities

The project will support growing businesses in enhancing their competitive capabilities through training in innovation skills, providing assistance in relevant professional expertise, and connecting them with a network of experts and advisors. As a result, growing enterprises will improve operational efficiency, increase revenue, and achieve sustainable development, thereby boosting the overall economy and creating employment opportunities

Promoting the adoption of new technologies and business models

The project promotes the adoption of innovative technologies and business models to enhance competitive capabilities, drive the implementation of new solutions, strengthen the innovation network, and improve access to financial resources for growing businesses. These supports aim to enhance efficiency and increase the operational productivity of growing enterprises.

Improving the business environment

The project collaborates with relevant stakeholders from both the government and private sectors to promote the improvement of the business environment for growing enterprises. This is achieved by supporting the government in applying reform methods and tools to enhance the efficiency and practicality of regulations, facilitate public-private dialogue channels, and reduce compliance burdens for businesses. FOSTERING LINKAGES AMONG BUSINESSES The project assists organizations that support business development in enhancing their service delivery capabilities. It helps growing enterprises strengthen policy advocacy skills, foster business linkages, and improve market access capabilities, thereby creating a more cohesive and efficient ecosystem for supporting the development of businesses.

Thu Do Multimedia Communications Joint Stock Company takes pride in being one of the first 25 companies honored to be selected and receive a technical assistance package from the USAID IPSC Project, amounting to $150,000. The activities aim to support Capital Multimedia in enhancing key customer management capabilities, providing leadership transformation training, offering in-depth training on security certification for digital content protection (Google Widevine), and implementing an Enterprise Resource Planning (ERP) system.

Mr. Mark Birnbaum - Project Director

Mr. Mark Birnbaum – Project Director spoke

The USAID IPSC project has launched a series of technical support activities for Thu Do Multimedia through the training program ” Sale Planning And Key Account Management” with the participation of more than 30 staff members of Thu Do Multimedia. Company

The USAID IPSC project helps support businesses in building business strategies over a period of 3 – 5 years. Besides promoting internal resources, enhancing and maximizing external resources to develop the business is very important and necessary. Because of market fluctuations and increasing business risks.

With the development goal of Thu Do Multimedia, this support package promises to be one of the strategic resources and help improve the core operating process and management capacity of the business. At the same time, helping Thu Do Multimedia research and build business strategies for markets around the world such as Europe, North America… In addition, bringing high-quality human resources to businesses through international partners such as Amazon, Google… Support consulting on certification and international standard certificates: FDA, ISO BSI…

Nearly 14 years of construction and development

Thu Do Multimedia is a pioneer in products and a leader in the field of consulting, providing and implementing technology solutions – OTT television. With experience in implementing Interactive TV services. Inserting ads into Live content (DAI/SSAI), specialized fields in Anti-piracy Multi DRM, Multi CDN, interactive TV, Livestream latency low… Leading in the region.

To implement and provide the best service, it is indispensable for a team of experienced and highly qualified experts. Always ready to support and update information quickly and enthusiastically.

Solutions provided by Thu Do Multimedia to businesses

With comprehensive solution Sigma OTT. Thu Do has products such as: Sigma Multi DRM (This is one of Thu Do’s strong and key products). Sigma DAI/SSAI, Sigma Mutli CDN, Sigma Interactive, Sigma Audio Watermark (SAO)….

Sigma Multi DRM solution

Faced with the current situation of stolen television streams and illegal transmission lines being widespread on pirated websites and applications. Or high-value content is copied, filmed and used for free. Causes damage and affects the business and image of the enterprise.

Understanding those things, Thu Do’s team of experts launched the product Sigma Multi DRM to help partners use the leading comprehensive security solution, deployed on all terminal devices. Along with that, Multi DRM also provides the highest quality content to users and especially reduces the loss rate of optimal CDN costs.

What are the strengths of Sigma DRM solution?

  • Multi-platform, multi-browser support: Android/IOS, WebOS/ Tizen Chrom/Firefox/Edge/ androidTV STB…
  • Optimize response speed from DRM system to Client
  • Meet millions of concurrent users
  • Fast and flexible shipping support in Vietnam and internationally.
  • The difference of Sigma DRM solution
  • SDK supports Web and App
  • Manage by device instead of model
  • Protection from APK modifications
  • Prevent device tampering
  • Tracking and monitoring from the Backend
  • Simple integration, transparent for users…
Mr. Nguyen Ngoc Han - General Director of Thu Do Multimedia Communications Joint Stock Company spoke

Mr. Nguyen Ngoc Han – General Director of Thu Do Multimedia Communications Joint Stock Company spoke

With Sigma Multi DRM, we are proud to be certified by Cartesian organization to meet international standards. And Thu Do Multimedia is the only Southeast Asian enterprise that is also among the 6 Asian enterprises to achieve this certification.

Sigma DAI/SSAI solution

  • It is a solution that brings many values as follows:
  • Insert ads directly and instantly into OTT TV channels
  • Suitable for both live and VOD content
  • Easily bypass ad blockers
  • Supports mid-roll ads with linear streams without affecting users
  • No code integration with end users required
  • The ad is transcoded immediately and aligned with the original stream
  • The completion rate for active SSAI ads is 98%.
  • Extended Sigma DAI/SSAI solution
  • Filter/Delete unwanted SCTE35 indexes
  • Verify the information on the marker
  • Add or edit SCTE35 markers based on the program schedule
  • Adjust parameters of SCTE35 Market.
  • Instructions for manipulating Manifest files
  • Replace unwanted content

In addition, Sigma DAI/SSAI also has the ability to track advertising performance in detail. Helping advertisers and suppliers clearly understand how viewers interact with ads.

Hopefully the above article provides readers with a lot of useful information. To learn in detail about Thu Do Multimedia’sTraining Program: Sale Planning And Key Account Management. Or for information related to our products and services, please refer to the website address: thudomultimedia.com.

Rescuing Films from Unauthorized Exploitation, Innocent Livestreaming

Rescuing Films from Unauthorized Exploitation, Innocent Livestreaming

The Vietnamese film industry is currently facing challenges of unauthorized copying, editing, reviewing, and livestreaming on the internet, causing frustration among filmmakers. This issue took center stage at the “Copyright Protection in the Development of the Film Industry” workshop held on November 22 in Da Lat.

Toàn cảnh “Hội thảo bảo hộ bản quyền trong phát triển công nghiệp điện ảnh” - Ảnh: ĐẬU DUNG

Overview of the ‘Copyright Protection in the Development of the Film Industry’ Workshop – Photo: DAU DUNG

The workshop, directed by the Ministry of Culture, Sports and Tourism and organized in collaboration with the Department of Copyright, coordinated with the Department of Culture, Sports and Tourism of Lam Dong Province.

The event is part of the 23rd Vietnam Film Festival, taking place from November 21 to November 25.

Innocent Livestreaming Lawyer Quach Van Minh, the Secretary-General of the Vietnam Association for the Protection of Film and Television Copyrights (VAFC), shared insights into the emerging trend of film reviews being shared as short videos on YouTube, Facebook, or TikTok.

While reviews may seem harmless, the underlying motive is often to generate views and earn illicit profits, causing harm to the interests of film production units.

Director and producer Vo Thanh Hoa cited examples of recent films like “Lat Mat 6: Tam Ve Dinh Menh,” “Con Nhot Mot Chong,” and “Sieu Lua Gap Sieu Lai,” which have been dissected into multiple short clips and shared on social media to bypass content review algorithms.

Director Luong Dinh Dung revealed that two of his films, “578: Phat Dan Cua Ke Dien” and “Xam Do,” are being circulated blatantly on the internet. He urged audiences to consider cinema as a business product, created with both financial investment and intellectual effort from filmmakers. He raised a crucial question: “When the works of film production units are violated, who will protect them, and is there an emergency hotline for urgent help?”

Pham Thi Kim Oanh, Deputy Director of the Copyright Office (Ministry of Culture, Sports and Tourism), highlighted instances where films approved by the Film Department had not been released outside of theaters but were leaked online by someone.

Phim Con Nhót mót chồng từng bị cắt thành nhiều clip nhỏ và phát trên mạng xã hội nhằm qua mặt các thuật toán kiểm duyệt - Ảnh: ĐPCC

The movie ‘Con Nhot mot chong’ has been cut into several small clips and broadcasted on social networks, bypassing content screening algorithms – Photo: DPCC

She cited the example of the film “Co Ba Sai Gon,” produced by Ngo Thanh Van, which was livestreamed shortly after its theatrical release. Additionally, many TV series currently airing have been recorded and widely disseminated on the internet.

Legal Challenges Doan Van Viet, Deputy Minister of Culture, Sports and Tourism, referred to survey data from the World Intellectual Property Organization (WIPO), showing that copyright-dependent industries, including the film industry, significantly contribute to the economic development of both developed and developing countries.

He cited examples such as the United States (contributing 12% to GDP), South Korea (9.89% GDP), China (7.35% GDP), Malaysia (5.7% GDP), and Thailand (4.48% GDP).

“Bolstering copyright protection plays a vital role in supporting and promoting the development of copyright-dependent industries, contributing to the rapid development of the economy, culture, and society,” the deputy minister stated.

However, with technological advancements, copyright infringement has become more sophisticated, posing numerous legal challenges, according to Pham Thi Kim Oanh.

Addressing the legal challenges, Nguyen Han, Director of Thudom Multimedia, noted that post-release protective measures are often insufficient. He likened the current situation to “releasing chickens and not being able to catch them again.” This happens when the relevant authorities lack the tools and procedures to protect rights in new conditions and contexts.

Lawyer Quach Van Minh added that although Vietnam has a relatively comprehensive legal system, including Intellectual Property Law, guiding decrees, Film Law, and administrative penalties, the fines are low and not proportional to the extent of violations and the damages suffered by film production units. Director Vo Thanh Hoa further emphasized the complexity and time-consuming nature of current procedures for handling violations.

Saving Vietnamese Cinema Experts and filmmakers proposed mechanisms, support policies, and legal improvements to enhance copyright protection and raise awareness about copyrights for the development of the film industry.

Pham Thi Kim Oanh suggested a stronger application of information technology in copyright management and enforcement. She emphasized the need for coordination with relevant foreign agencies to combat and handle copyright infringements on the internet.

A representative from Thudom Multimedia recommended encryption to protect and manage films before distribution and release. The addition of copyright marks for tracking, along with strict international distribution procedures, was also proposed. Several existing technological solutions were mentioned as capable of supporting and solving this problem.

In addition to rigorous enforcement, Lawyer Quach Van Minh suggested “blocking the ad revenue source of pirate websites.” This approach has been successful in countries like South Korea, Australia, and the UK. Representatives from the Phan Law Vietnam law firm emphasized that civil lawsuits against violators should be encouraged to prevent and warn other offenders.

Source: tuoitre.vn

“Southern Land” and several recent Vietnamese films are easily subject to unauthorized filming. Why does this happen?

“Southern Land” and several recent Vietnamese films are easily subject to unauthorized filming. Why does this happen?

With illegal streaming websites still rampant on the internet, do the authorities find it challenging to intervene?

In the context of the 23rd Vietnam Film Festival, a seminar on copyright protection in the development of the film industry addressed a pressing issue—illegal streaming websites.

"Đất rừng phương Nam" và các bộ phim Việt gần đây đang dễ dàng bị quay trộm  - Ảnh 1.

Dr. Ngo Phuong Lan – President of the Vietnam Cinema Promotion and Development Association speaking at the seminar. Photo: Organizing Committee

Ts. Ngo Phuong Lan, President of the Vietnam Cinema Promotion and Development Association, affirmed to Dân Việt that, according to global statistics, Vietnam has one of the lowest awareness levels regarding copyrights in films and cinema. This is especially concerning given the continued existence of numerous illegal streaming websites. Phuong Lan pointed to the case in 2021, where the first criminal charges were filed against the pirate website phimmoi.com. However, the case remains unresolved.

Phimmoi.com is an illicit streaming website with servers located abroad, offering hundreds to thousands of pirated films for free. This has led to the proliferation of numerous other illegal websites, and so far, there hasn’t been sufficient measures or sanctions to deter them. Ts. Ngo Phuong Lan asserted that without effective copyright protection, the efforts of filmmakers, especially with illegal streaming websites still “invading” cyberspace, make it challenging for the Vietnamese film industry to thrive.

"Đất rừng phương Nam" và các bộ phim Việt gần đây đang dễ dàng bị quay trộm  - Ảnh 2.

The seminar on Copyright Protection in the Development of the Film Industry involves the participation of numerous experts in the film and copyright sectors. Photo: Organizing Committee

Nguyen Ngoc Han, CEO of Thu Do Multimedia, expressed concerns about the involvement of betting websites behind these illicit streaming platforms, embedding advertisements and encouraging betting on pirated films.

Sharing her thoughts with Dân Việt, Phạm Thi Kim Oanh, Deputy Director of the Copyright Office (Ministry of Culture, Sports, and Tourism), believed that the rapid and overwhelming development of the Internet and technology is one of the main reasons. With just a smartphone, anyone can illegally livestream and swiftly upload content to social media platforms. Vo Thanh Hoa, a film director, concurred with this viewpoint, emphasizing the financial losses suffered by producers and filmmakers when their content is illicitly shared on platforms like TikTok. Many Vietnamese films released in the past year, such as ‘Con Nhot Mot Chong,’ ‘Sieu Lua Gap Sieu Lay,’ ‘Nha Ba Nu,’ and recently ‘Nguoi Vo Cuoi Cung,’ ‘Dat Rung Phuong Nam,’ have easily become subjects of unauthorized clips and improper edits on social media platforms.

"Đất rừng phương Nam" và các bộ phim Việt gần đây đang dễ dàng bị quay trộm  - Ảnh 3.

Mrs. Pham Thi Kim Oanh, Deputy Head of the Copyright Office at the Seminar. Photo: Organizing Committee

Phạm Thi Kim Oanh asserted that, to effectively address the issue, besides continually refining legal documents and protecting the copyrights of cinematic works, there is a need to rapidly integrate information technology into management and the enforcement of copyrights. This also involves close collaboration with relevant foreign agencies to combat and address violations on the Internet and cyberspace.

Dr. Quang Van Minh, a lawyer and Deputy Chairman of the Vietnam Film and Television Copyright Protection Association, emphasized the necessity for practical and proactive measures. One such measure is to block ad revenue from illegal websites. He pointed out the practices of some countries, including the UK, where law enforcement agencies specializing in intellectual property crime have been established, collaborating closely with advertising platform providers on the internet.

"Đất rừng phương Nam" và các bộ phim Việt gần đây đang dễ dàng bị quay trộm  - Ảnh 4.

Director Vo Thanh Hoa at the seminar. Photo: Organizing Committee (BTC).

Nguyen Ngoc Han suggested several technological measures, such as encryption for secure management, embedding copyright marks for content tracing when distributed to partners, granting viewing rights only to distribution units, not allowing copying rights, and automatically tracking revenue for distribution units. Currently, Han’s organization is implementing copyright protection using technology called Sigma Multi-DRM, which includes four security solutions: Play Ready, Widevine, Fairplay. Sigma DRM meets the standards agreed upon by most major copyright-holding companies globally for content distribution on the internet.

Han also added, ‘In addition to the general role like Multi-DRM in protecting content copyrights for devices with operating systems, the independent role of Sigma DRM is crucial in securing content for devices without operating systems. The number of these devices is expected to explode in the near future.’

Taking the example of the security camera sector, where currently, on average, each household has one camera, but in a few years, the country will have hundreds of millions of these devices, becoming the first sector with content that needs protection. The recent leaks of private clips underscore the open issues in security in this area. Another area is the Internet of Things (IoT) connected devices. Clearly, most current devices are connected and controlled through the cloud systems of foreign companies. When the country takes control of the development of IoT software and hardware, many layers of these devices requiring data exchange will need protection.”

Source: danviet.vn

Securing Vietnam’s Film Industry: Copyright Protection and Innovative Solutions

Securing Vietnam’s Film Industry: Copyright Protection and Innovative Solutions

Amidst the 23rd Vietnam Film Festival in Da Lat, Lam Dong province, the morning of November 22 witnessed over 100 delegates participating in the seminar “Protecting Copyright in the Development of the Film Industry.” Organized by the Copyright Office under the Ministry of Culture, Sports, and Tourism, this event unfolded within the framework of the 23rd Vietnam Film Festival.

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View of the conference. (Photo: Anh Vu/Sports & Culture Newspaper)

The seminar boasted the attendance of more than 100 representatives, including managers, filmmakers, directors, and actors nationwide. It served as a crucial platform for regulatory bodies to continue listening to the aspirations of creative minds in the film industry.

Building upon this foundation, discussions revolved around researching and proposing mechanisms, supportive policies, and refining legal frameworks. The aim was to create favorable conditions that act as incentives for the development of copyright protection, innovation, and creativity in the film industry, specifically, and copyright-dependent industries, in general.

Pham Thi Kim Oanh, Deputy Director of the Copyright Office, highlighted the ongoing copyright infringement challenges, especially in the realm of the internet, causing significant losses to film producers. To overcome this, Oanh emphasized the need for synchronized solutions such as refining legal documents concerning copyright protection, bolstering communication to enhance awareness, and leveraging information technology for effective copyright management and enforcement.

Director and film producer Luong Dinh Dung raised concerns about copyright infringement issues, particularly on online platforms, stressing the absence of stringent penalties for individuals and websites involved in such activities. Dung emphasized the importance of addressing this issue to nurture a robust domestic film environment.

image 2023 11 22T04 45 36 832Z

Copyright protection in film industry development

Speaking at the seminar, Deputy Minister of Culture, Sports, and Tourism Doan Van Viet acknowledged the challenges posed by the digital environment in protecting copyrights. This seminar aimed to identify obstacles, propose solutions, and gradually improve the legal framework for copyright and related rights.

Statistics from the Ministry of Culture, Sports, and Tourism revealed substantial growth in Vietnam’s film industry from 2018 to 2022. Despite challenges, the industry demonstrated strong annual increases in production value, labor resources, and the number of active film-related businesses.

Box Office revenues for cinema releases in 2018 reached around 3,400 billion VND and surpassed 4,100 billion VND in 2019. The impact of COVID-19 led to a significant downturn in 2020, with total industry revenue reaching 750 billion VND. However, by 2022, the industry had successfully recovered, achieving approximately 70% of the 2019 figures.

Innovative Solutions Unveiled: Sigma Multi-DRM

During the symposium, representatives from Thudo Multimedia, notably Nguyen Ngoc Han, introduced a groundbreaking solution in the form of Sigma Multi-DRM, integrating artificial intelligence (AI) for copyright protection (commercially named Sigma Active Observer – SAO). This innovation empowers content owners and online content distribution platforms to safeguard copyright for their digital content.

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Mr. Han Nguyen – CEO of Thudo Multimedia

According to Nguyen Ngoc Han, Sigma Multi-DRM comprises three layers of protection, certified by Catersian, a global organization specializing in the certification of security products. Thudo Multimedia is currently the only technology enterprise in Southeast Asia to receive this prestigious certification.

“With the Sigma Multi-DRM solution, Thudo Multimedia is ready to collaborate and support state management agencies and copyright owners. We aim to create a secure digital content environment, reducing the deployment time and financial costs compared to purchasing foreign technology,” affirmed Han.

Source: www.vietnamplus.vn