{"id":1639,"date":"2023-07-07T15:33:16","date_gmt":"2023-07-07T08:33:16","guid":{"rendered":"https:\/\/www.pacificprime.co.th\/blog\/?p=1639"},"modified":"2023-07-07T15:54:29","modified_gmt":"2023-07-07T08:54:29","slug":"cybercrime-thailand-trends","status":"publish","type":"post","link":"https:\/\/www.pacificprime.co.th\/blog\/cybercrime-thailand-trends\/","title":{"rendered":"Cybercrime in Thailand: Current Trends and Solutions"},"content":{"rendered":"<p>With <a href=\"https:\/\/spanning.com\/blog\/cyberattacks-2021-phishing-ransomware-data-breach-statistics\/\" target=\"_blank\" rel=\"noopener\">phishing attacks to blame for nearly 80% of reported cybercrimes<\/a>, cybercrime in Thailand is a pressing issue as the country takes <a href=\"https:\/\/www.bangkokpost.com\/business\/2341932\/thailand-leads-in-e-shop-phishing\" target=\"_blank\" rel=\"noopener\">the lead in Southeast Asia regarding e-shop phishing<\/a>. Cybercrime, including phishing and data breaches, is at an all-time high globally with no sign of declining.<\/p>\n<p>The global cost of cybercrimes is predicted to reach <a href=\"https:\/\/s3.ca-central-1.amazonaws.com\/esentire-dot-com-assets\/assets\/resourcefiles\/2022-Official-Cybercrime-Report.pdf?utm_medium=email&amp;utm_source=pardot&amp;utm_campaign=autoresponder\" target=\"_blank\" rel=\"noopener\">USD $8 trillion in 2023<\/a> from USD $6.5 trillion in 2022 &#8211; and <a href=\"https:\/\/www.getastra.com\/blog\/security-audit\/cyber-crime-statistics\/\" target=\"_blank\" rel=\"noopener\">USD $10.5 trillion<\/a> by 2025. According to a recent <a href=\"https:\/\/blog.sonicwall.com\/en-us\/2023\/02\/latest-threat-intelligence-tracks-shifting-cyber-frontlines-in-2022\/\" target=\"_blank\" rel=\"noopener\">report<\/a>, the overall number of malware attacks reached 5.5 billion in 2022, a 2% increase from the previous year.<\/p>\n<p>So, what are the cybercrime trends in Thailand? How is the government protecting you and your company, and what can you do about it? Read on to find out in this <a href=\"https:\/\/www.pacificprime.co.th\/blog\/\">Pacific Prime Thailand<\/a> article!<\/p>\n<div class='code-block code-block-4' style='margin: 8px 0; clear: both;'>\n<p><a href=\"https:\/\/www.pacificprime.co.th\/plans\/corporate\/?campSource=PPTH-Blog&utm_source=blog&utm_medium=content_banner&utm_campaign=Blog_Banner&utm_content=corporate\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-411\" src=\"https:\/\/www.pacificprime.co.th\/blog\/wp-content\/uploads\/2024\/07\/SEO-Baner-Corporate.webp\" alt=\"Corporate insurance banner\" width=\"1138\" height=\"493\" \/><\/a><\/p><\/div>\n\n<h2>The Cybercrime Situation in Thailand<\/h2>\n<p>Nearly 120,000 phone numbers and 60,000 bank accounts were frozen in Thailand in 2022, revealing the country\u2019s dire cybercrime situation. Efforts by the Thai police force, the Digital Economy and Society Ministry, and various agencies led to the suspension of the aforementioned criminal channels.<\/p>\n<p>The <a href=\"https:\/\/www.thaipoliceonline.com\/\" target=\"_blank\" rel=\"noopener\">Thai Police Online website<\/a> received over 163,000 complaints of cybercrime between March and December 2022, totaling THB \u0e3f27.30 billion in damages. Over half of the complaints were related to overseas call center gangs, with other cybercrimes including:<\/p>\n<ul>\n<li>Online scams<\/li>\n<li>Online ransom<\/li>\n<li>Computer hacking<\/li>\n<li>Sexual harassment<\/li>\n<\/ul>\n<p>Additionally, the Police Cyber Taskforce received <a href=\"https:\/\/www.nationthailand.com\/thailand\/general\/40028341\" target=\"_blank\" rel=\"noopener\">over 5,600 complaints of fraud and deception with damages costing over THB \u0e3f476 million<\/a> over one week in 2023. The top complaints include:<\/p>\n<ul>\n<li>Fake goods and services<\/li>\n<li>Fake part-time job fees<\/li>\n<li>Fake loans<\/li>\n<li>Fake transfer requests<\/li>\n<li>Fake online investments<\/li>\n<\/ul>\n<h2>Thailand Has a Phishing Problem<\/h2>\n<p>Phishing attempts, which can include using fake bank apps or fake online payment platforms, are a popular tactic for scammers. Over <a href=\"https:\/\/www.bangkokpost.com\/business\/2341932\/thailand-leads-in-e-shop-phishing\" target=\"_blank\" rel=\"noopener\">55% of phishing attempts in Thailand are finance-related<\/a>, making it the leading country for phishing attacks through fake e-shops in Southeast Asia.<\/p>\n<p>Phishing through e-shops involves using fake online shopping websites or apps to send malicious links to users via SMS, luring them into giving their personal information. With a high number of online shoppers, Thailand is a major target for phishers looking to ultimately access the user\u2019s money.<\/p>\n<p>Cybercrime complaints can be made online via the Thai Police Online website (<a href=\"http:\/\/www.thaipoliceonline.com\" target=\"_blank\" rel=\"noopener\">www.thaipoliceonline.com<\/a>) or the Electronic Transaction Development Agency hotline by dialing 1212.<\/p>\n<h2>Thailand\u2019s Latest Cybercrime Measures<\/h2>\n<p>Aside from impacting the lives of individuals, cybercrimes now can completely ruin businesses. From monetary and brand equity to intellectual property losses, information falling into the wrong hands can have extremely dire consequences.<\/p>\n<p>On top of that, \u201cinvisible damages\u201d include the loss of productivity, post-attack disruption to the normal course of business, and deleting all hacked data and systems. To combat cybercrime and scams, Thailand enacted the new \u201c<a href=\"https:\/\/www.tilleke.com\/insights\/thailands-new-cybercrime-measures-enlist-aid-of-banks-and-service-providers\/#:~:text=Thailand%20has%20enacted%20new%20legislation,took%20effect%20the%20following%20day.\" target=\"_blank\" rel=\"noopener\">Cybercrime Decree<\/a>\u201d in March 2023.<\/p>\n<h3>Cybercrime Decree<\/h3>\n<p>The Cybercrime Decree offers a new legal tool to disrupt money laundering and aims to clamp down on cybercrime criminals and scammers by providing more severe legal measures applying to specific types of offenders that were not adequately covered by current laws.<\/p>\n<p>Through the new legislation, victims can request online payment platforms and commercial banks to freeze suspicious transactions, to which platforms and banks must comply. Additionally, banks, platforms, and other service providers are required to share data to help prevent and suppress cybercrime.<\/p>\n<h2>Existing Cybercrime Measures in Thailand<\/h2>\n<p>Along with the latest Cybercrime Decree, Thailand also introduced two cybersecurity laws over recent years: The Cybersecurity Act and The Personal Data Protection Act.<\/p>\n<h3>The Cybersecurity Act<\/h3>\n<p>The highly-controversial Cybersecurity Act has been criticized as granting the government \u201c<a href=\"https:\/\/www.reuters.com\/article\/us-thailand-cyber\/thailand-passes-internet-security-law-decried-as-cyber-martial-law-idUSKCN1QH1OB\" target=\"_blank\" rel=\"noopener\">sweeping powers<\/a>\u201d in Thailand\u2019s digital economy. With this Act, the government can track, monitor, and access all online traffic in the name of emergency or as a preventive measure.<\/p>\n<p>Note that private organizations are not exempted from this. You may be asked to provide the names, contact details of your key stakeholders, and more. It\u2019s especially pertinent if your company uses or provides:<\/p>\n<ul>\n<li>Computer systems for work across national security<\/li>\n<li>Financial services<\/li>\n<li>Services targeted toward the public<\/li>\n<\/ul>\n<h3>Personal Data Protection Act (PDPA)<\/h3>\n<p>Introduced in 2019, <a href=\"https:\/\/www.trade.gov\/market-intelligence\/thailand-personal-data-protection-act\" target=\"_blank\" rel=\"noopener\">the Personal Data Protection Act (PDPA) became fully enforceable in June 2022<\/a>. Essentially, the Thai government has slightly adapted the <a href=\"https:\/\/gdpr-info.eu\/\" target=\"_blank\" rel=\"noopener\">EU General Data Protection Regulation<\/a> regime to suit local needs, resulting in the <a href=\"https:\/\/www.bangkokpost.com\/business\/2319054\/explainer-what-is-pdpa-thailands-new-data-law-\" target=\"_blank\" rel=\"noopener\">PDPA<\/a>.<\/p>\n<p>Under the PDPA, you have the right to control how your personal data is collected, stored, disseminated, and protected by organizations. This is because consent is a major feature in data-sharing. We all have the right to know which organizations have our data, and how they use and share it.<\/p>\n<p>The PDPA applies to related organizations, especially in Critical Information Infrastructure such as government services, financial, and information technology.<\/p>\n<h2>What Are the Different Types of Cybercrime?<\/h2>\n<p>While there is a wide spectrum of cybercrime, all can be grouped into two main categories. The first category involves a criminal activity that <em>targets <\/em>computers, while the second <em>uses <\/em>them to commit other crimes.<\/p>\n<p>Viruses are an example of a crime in the first category. On the flip side, using computers to spread malware to damage other devices is an example of the latter.<\/p>\n<p>Here is a non-exhaustive <a href=\"https:\/\/www.kaspersky.com\/resource-center\/threats\/what-is-cybercrime\" target=\"_blank\" rel=\"noopener\">list of the different types of cybercrime<\/a>:<\/p>\n<ul>\n<li><strong>Phishing<\/strong>, such as sending fake emails to get personal information.<\/li>\n<li><strong>Identity theft <\/strong>involves the misuse of your personal information.<\/li>\n<li><strong>Theft and sale of corporate data.<\/strong><\/li>\n<li><strong>Hacking<\/strong>, or the shutting down or misusing of websites or computer networks.<\/li>\n<li><strong>Cyber extortion<\/strong>, or demanding money to prevent a threatened attack.<\/li>\n<li><strong>Cyber espionage<\/strong> occurs when hackers access government or company data.<\/li>\n<\/ul>\n<p>It\u2019s important to note that all digital devices that can connect to the internet are susceptible to cyber threats. To put it simply, your computer isn\u2019t the only thing you have to worry about. This makes <a href=\"https:\/\/www.pacificprime.com\/corporate\/company-insurance-solutions\/?id=corp_insurance\">securing a corporate insurance plan<\/a> with cyber insurance coverage incredibly important.<\/p>\n<h2>Get Cyber Insurance Coverage Today!<\/h2>\n<p>Given that cybersecurity is the cornerstone of success in the digital economy, businesses should secure<a href=\"https:\/\/www.pacificprime.com\/corporate\/company-insurance-solutions\/?id=corp_insurance\"> a corporate insurance plan<\/a> that includes cyber insurance coverage. With the number of cyberattacks constantly increasing, there appears to be no end in sight.<\/p>\n<p>With a robust business insurance plan, your company is protected from fraud, data theft, brand impersonation, and more. With over 20 years of industry experience, our expert insurance advisors are available to help you find the ideal plan for your needs.<\/p>\n<p>Contact us for impartial insurance advice or to receive a free plan comparison today!<\/p>\n<div class='code-block code-block-7' style='margin: 8px 0; clear: both;'>\n<p><a href=\"https:\/\/www.pacificprime.com\/corporate\/?campSource=PPTH-Blog&utm_source=blog&utm_medium=cta_banner&utm_campaign=Blog_Banner&utm_content=corporate\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-416\" src=\"https:\/\/www.pacificprime.co.th\/blog\/wp-content\/uploads\/2022\/05\/PPTH_Bus_01.jpg\" alt=\"Corporate Insurance CTA Banner\" width=\"1138\" height=\"493\" \/><\/a><\/p><\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>With phishing attacks to blame for nearly 80% of reported cybercrimes, cybercrime in Thailand is a pressing issue as the country takes the lead in Southeast Asia regarding e-shop phishing. Cybercrime, including phishing and data breaches, is at an all-time high globally with no sign of declining. The global cost of cybercrimes is predicted to &#8230;<\/p>\n","protected":false},"author":22,"featured_media":3007,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[438,51,439,624,745,749,1489,1490,1492,1491],"class_list":["post-1639","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-insurance","tag-ban_cor","tag-corporate-insurance","tag-cta_cor","tag-cyber-attack","tag-cyber-insurance","tag-cyber-security","tag-cybercrime","tag-cybercrime-thailand","tag-personal-data-protection-act","tag-the-cybersecurity-act"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ 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