Principles for Management and Utilization of Funds Ensuring Network Information Security

05:19, 11/07/2024

On December 12, 2018, the Ministry of Finance promulgated Circular 121/2018/TT-BTC stipulating the estimation, management, use, and settlement of funds to implement incident response and ensure network information security.

Management and Use of Funds to Ensure Network Information Security as Stipulated in Circular 121:

For State Budget Funds:

Central Budget:

- Ensure funding for the implementation of activities to fulfill the information security tasks by central government agencies and organizations.- Ensure funding for the implementation of activities as specified in Point a, Clause 2, Article 17 of Decision 05/2017/QD-TTg.

Local Budget:

- Ensure funding for operations to fulfill the information security tasks by local agencies, organizations, and specialized units in information security.- Ensure the operations of the Steering Committee, specialized incident response units, local incident response teams, and tasks implemented by localities.

For incident response tasks, ensuring network information security is the responsibility of enterprises, and enterprises should ensure their own funding for these tasks.
Funding support for incident response tasks, ensuring network information security must be managed and used correctly, for the right purposes, in accordance with policies, and as stipulated in Circular 121.

More details can be found in Circular 121/2018/TT-BTC, effective from February 01, 2019.

- Thanh Lam -

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