The rapid growth of IoT devices presents significant security challenges, especially in terms of cost and complexity.
IoT attacks grew 600% from 2016 to 2017, IoT is predicted to reach 29.42 billion devices by 2030, and the global IoT security market is expected to reach USD 20.98 billion by 2028, led by the Asia-Pacific region.
VinCSS’s IoT FIDO Device Onboarding (FDO) solution addresses these vulnerabilities.
WebComm and VinCSS announced their strategic partnership by the end of July. Photo courtesy of VinCSS
WebComm and VinCSS announced their strategic partnership by the end of July. Photo courtesy of VinCSS
Traditional authentication methods such as passwords are vulnerable to security threats and are costly to manage.
In Vietnam, the recent implementation of Decision 2345 by the State Bank of Vietnam has increased the demand for secure, user-friendly authentication methods like FIDO.
This need extends beyond the banking and finance sector to many other areas.
WebComm’s strong expertise and experience with FIDO solutions will be valuable in meeting this need.
Leveraging the strengths of both WebComm and VinCSS, the collaboration will focus on technical training, business development and seamless technology integration.
The partnership aims to improve existing solutions and bring them to market more effectively.
WebComm and VinCSS will strategically collaborate to promote each other’s solutions.
Through this partnership, WebComm will bundle its zero trust solutions with Taiwan’s VinCSS’ IoT FDO solutions.
VinCSS excels in IoT security and has developed several world-first FDO solutions, including FDO Cameras, FDO Parking Systems and FDO Network Deployment Solutions, many of which have been commercialized worldwide.
These resources will enable WebComm to further expand its current services and address the growing need to secure IoT devices for its diverse clientele.
Similarly, VinCSS will promote WebComm’s FIDO digital identity solution and OETH cloud identity solution in Vietnam.
Working with WebComm, VinCSS will be able to complete a comprehensive 360-degree passwordless authentication solution to address all customer needs, including hardware and SaaS components, authentication of employee and external users, and compatibility with the specific commercial platforms customers currently use.
The collaboration will also help accelerate the adoption of passwordless transformation in Vietnam.
Jay Chen, general manager of WebComm, said that by combining the company’s expertise in OETH SaaS solutions and FIDO digital identity solutions with VinCSS’s pioneering IoT FDO technology, the two companies can jointly address the growing security needs of Taiwan, Vietnam and other countries.
This collaboration will not only strengthen the product portfolios of both companies but also pave the way for significant advancements in the field of cybersecurity in the global market.
Meanwhile, Simon Trac Do, CEO of VinCSS, believes that the collaboration will bring about great change by combining the experience and strengths of both parties.
“This will not only impact research, development and business activities, but also contribute to transforming the cybersecurity environment in Vietnam, Taiwan and many other markets,” Simon said.
Representatives of VinCSS and the Webcomm Management Committee. Photo credit: Webcomm
VinCSS Internet Security Services JSC was founded in 2018 and is one of the leaders in the cybersecurity industry.
VinCSS specializes in identity and access management, IoT security, IT security and automotive cybersecurity, providing comprehensive and innovative security solutions.
VinCSS is the recipient of the SEA Enabling Technology Leadership Award for 2022 and Frost & Sullivan’s Asia-Pacific New Product Innovation Award for 2023 for its pioneering efforts towards a better digital world. To learn more about VinCSS, please click here.
Founded in 1998, WebComm provides “intelligent data” and “smart security” solutions that help companies with their digital transformation.
In 2021, WebComm Technology won the grand prize at the International Surveillance Technology Hackathon for its FIDO solution and has been deployed to many customers and received positive feedback.
With its strong technology background, WebComm was awarded the “Top 10 Best Digital Transformation Vendors” by the 2021 CIO Advisor APAC magazine, and is also listed as the only company in Taiwan to receive this award.
In recognition of its sustainable development and software research and development capabilities, WebComm won the “Taiwan Excellence Award” in the Security Products and Services category in 2023 and 2024.
