Tag: cybersecurity

Thailand's Consumers Council has filed a civil lawsuit against parent companies of four major technology platforms and nine commercial banks, seeking over 230 million baht in compensation for online investment scam victims.

A landmark IDC study commissioned by Dell Technologies reveals a sweeping infrastructure transformation underway across eleven Asia-Pacific markets

The financial sector is particularly vulnerable, as sophisticated attacks targeting sensitive data and critical infrastructure can erode market confidence, cause deposit outflows, and trigger systemic shocks.

The region's rapid digital transformation, coupled with the increasing adoption of advanced technologies such as artificial intelligence and cloud computing, has created a significant demand for robust cybersecurity solutions.

Only 7% of Thai organizations are at a "Mature" cybersecurity readiness level, down from 9% last year, due to evolving AI-driven threats.

Thailand is facing a cybersecurity crisis, with cyberattacks in the country occurring 70% more frequently than the global average, according to a report by Check Point Software Technologies.

The rapid digital growth in Southeast Asia has led to an 82% increase in cybercrime, with the underbanked populations being especially vulnerable.

By addressing potential vulnerabilities, the BoT aims to build greater trust among users and support the growing reliance on digital banking platforms.