Thailand biz shields up: Low cyberattacks, high cybersecurity worries in ASEAN

In the past year, Thai corporations experienced the lowest number of disruptive cyberattacks among ASEAN nations, with only 22% reporting an increase in incidents by 50% or more, according to a recent survey by global cybersecurity firm Palo Alto Networks. However, cybersecurity remains a significant concern for Thai businesses as they grapple with increasingly complex threats.

The survey, which examined the cybersecurity landscape in ASEAN, revealed that 60% of Southeast Asian companies, including 57% in Thailand, are particularly concerned about malware. The study, conducted in April, gathered insights from 500 corporate IT decision-makers and business leaders across five key sectors: banking and finance, public sector and government services, telecommunications and technology, retail, hotel, food and beverage, as well as transport, logistics, and manufacturing.

Tatchapol Poshyanond, the country director for Thailand and Indochina at Palo Alto Networks, highlighted that Thai organisations face three key cybersecurity challenges: unmonitored and unsecured IoT devices (as raised by 54% of respondents), a requirement for a wider range of cybersecurity solutions (47%), and an increase in digital transactions with third parties (47%), reported Bangkok Post.

by Alex Morgan

Picture courtesy of FLY:D, Unsplash.

Full story: The Thaiger 2023-09-21

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