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