Cyberattacks plague Thailand: Over 10 annual incidents cause significant losses

[webfact]

 

A recent survey reveals that more than half of Thai organisations have experienced over 10 cyberattack incidents in the past year, leading to significant financial losses. The report, released by US-based cloud connectivity firm Cloudflare Inc., highlights the urgent need for Thai businesses to strengthen their cybersecurity infrastructure.

 

According to a data breach report commissioned by IBM, the global average cost of a breach this year reached an all-time high of US$4.45 million.

 

“Over the past year, we’ve witnessed a rise in cybersecurity incidents across the Asia-Pacific, with a huge proportion targeting businesses in Thailand, more than anywhere else in the region,” said Jonathon Dixon, Cloudflare’s vice president and managing director for Asia-Pacific, Japan and China.

 

The Securing the Future: Asia Pacific Cybersecurity Readiness Survey report was compiled by Sandpiper Communications on behalf of Cloudflare. The survey involved 4,009 cybersecurity decision-makers and leaders from small to large companies across 14 markets in the Asia-Pacific region, including Thailand.

 

by Alex Morgan

Photo: logisticsmiddleeast.com

 

Full story: The Thaiger 2023-11-10

 

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[Pique Dard]

2 hours ago, webfact said:

A recent survey reveals that more than half of Thai organisations have experienced over 10 cyberattack incidents in the past year, leading to significant financial losses

...cyberattack incindents are an international scourge.  as a result, hackers and anti-virus programmers have well-stocked bank accounts these days