Cybercrime costs Thailand 6.76 billion baht in 70 days

[webfact]

Cybercrime inflicted a devastating blow to Thailand’s economy with losses amounting to 6.76 billion baht (US$192 million) within a span of 70 days, as reported by the Cyber Crime Investigation Bureau.

 

Despite a decline in call centre scams, there was a noted surge in scams related to the struggling economy, including those promising additional income and fraudulent loan schemes.

 

As a countermeasure, Samsung, the renowned mobile phone manufacturer, introduced an Ad Blocker feature to shield Samsung Galaxy owners from malicious downloads.

 

“We saw in the past 70 days that online cases continue to increase and criminals use a mix of techniques to lure potential victims,” revealed Pol Col Jessada Burinsuchat, superintendent of the Cyber Security Investigation Unit under the Cyber Crime Investigation Bureau of the Royal Thai Police.

 

He cited the staggering loss of 6.76 billion baht, resulting from 53,179 reported cases.

 

by Alex Morgan

Photo courtesy of iStock

 

Full story: The Thaiger 2024-01-16

 

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[sammieuk1]

Welcome to all the Chinese and Russian boiler rooms from an ever loving TAT 🤔

[WHansen]

Hardly suprising in a land that keeps so many people on the edge of poverty. The scammers know how desperate the people are and the poverty makes them gullible to any sort of scam that appears to offer a chance to make some money.

Not to mention the greedy well off Thais that are so desperate to increase their wealth without getting off their backsides - like so many other nationalities these days.

 

[Tropicalevo]

8 hours ago, webfact said:

As a countermeasure, Samsung, the renowned mobile phone manufacturer, introduced an Ad Blocker feature to shield Samsung Galaxy owners from malicious downloads.

Finally, someone in the phone business has realised that it is easier to scam people with phone apps.

I have had ad blockers, anti virus and anti spam ware on my laptops since the last century!!! I also do not get random calls from fraudsters on my laptops etc etc.

An ad blocker on the phone is not the final solution but it is a start.

And the governments all over the world want you all to put apps on your phones. Do people not wonder why?