Resecurity has detected a noticeable increase in data leaks from consumer-focused platforms in Thailand, confirming that threat actors are actively targeting the personal data of citizens now at the beginning of 2024. Thailand is swiftly becoming a key player in the digital arena, particularly in the field of Information and Communication Technology (ICT), within the Asia-Pacific region. Notably, from the latter part of 2022 to the early months of 2023, there has been a significant drop in incidents of data breaches in the country.
But as we step into 2024, this trend might see a change. There are reports of cybercriminals, one known in the shadowy corners of the Dark Web as Naraka, circulating large amounts of stolen personal identifiable information (PII) of Thai citizens. It’s believed that these sensitive details were sourced from various breached platforms.
Threat actors target Thai-based e-commerce, fintech and government resources due to a large presence of personal documents both in text and graphical form used for KYC (“Know Your Customer”). Compared to 2023, there has been an increase in the frequency of attacks, as evidenced by the rising number of leaked data incidents involving consumers and businesses from Thailand on the Dark Web. In the early part of January 2024 alone, at least 14 significant data breaches exposing citizens’ information were posted on cybercriminal forums, nearly surpassing the annual volume of compromised records identified last year.
Threat actors use stolen PII data to defraud Thai citizens and attack financial organizations, which are actively developing and cultivating digitization in the region to service 71.6 million people population.
