Thailand: The rise of eCommerce and eCrime

Stephen Green, Threat Intelligence Lead, draws on work by Thomas Murray's Analytics Lab to look at how cyber attacks can affect a country’s GDP. Using Thailand as a case study, he highlights the implications for a developing digital market.

Thailand has experienced dramatic digital growth since the coronavirus pandemic in 2020, but it has also suffered a significant increase in cyber-based attacks. These include phishing, ransomware, business email compromise (BEC) and other financially-motivated cyber attacks.

As the GDP and eCommerce markets of developing nations grow, it is highly likely that adversaries will increasingly target them. Stephen explains what lessons can be learned from Thailand's experience.