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Thai Educational Institutions Face Rising Ransomware Threats

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Thai Educational Institutions Face Rising Ransomware Threats

Synology reports that Thai educational institutions are among the top 10 global targets for cyberattacks, with damages reaching 130 million baht.

According to a report by Prachachat Business, Synology has identified Thai educational institutions as being among the top 10 global targets for cyberattacks. The data indicates that these institutions have suffered damages totaling approximately 130 million baht due to ransomware incidents. Synology highlights that the average cost associated with a data breach in this sector has surged to 3.86 million dollars per incident.

For residents and those associated with Thai academic institutions, this trend underscores a significant vulnerability in digital infrastructure. The report suggests that the primary defense against such threats involves prioritizing Data Governance and Cyber Resilience at the executive level. Synology recommends that institutions urgently modernize their on-premises infrastructure and strictly enforce Personal Data Protection Act (PDPA) compliance to manage the increasing volume of data and mitigate the risk of leaks.

While the report provides a clear picture of the financial impact and the sectors most at risk, it remains to be confirmed how individual institutions will allocate budgets to address these infrastructure upgrades. Furthermore, the long-term effectiveness of these proposed governance strategies in preventing future breaches is yet to be fully observed. Residents should remain cautious regarding the security of their personal information when interacting with digital portals managed by academic organizations.