Cyberattacks plague Thailand: Over 10 annual incidents cause significant losses

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.

Jonathon Dixon, Cloudflare’s vice president and managing director for Asia-Pacific, Japan and China, revealed that over the past year, he’s 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.

The Securing the Future: Asia Pacific Cybersecurity Readiness…