The Simple Guide to Starting a Limited Company in Thailand
Introduction Starting a limited company in Thailand is a popular way for foreigners to establish a business presence in the country. This guide provides a step-by-step process to help you navigate the legal and administrative requirements while highlighting essential considerations to ensure compliance with Thai laws. The Simple Guide follow 10 steps Step 1: Choose […]
Understanding the Dark Web: Implications for Financial Assurance
The Dark Web and Financial Institutions The Dark Web, a hidden subset of the internet, presents unique risks and challenges for financial institutions. As a space where anonymity thrives, it has become a hub for illegal activities, including the trade of stolen financial data. Understanding and addressing these risks is essential for the financial assurance […]
Strengthening Measures for Business Registration
The Director-General of the Department of Business Development (DBD), Ministry of Commerce, has announced that new regulatory measures will be applied to address fraudulent business registrations after discovering that companies were set up to be used as vehicles for call center scams, using property address without the consent or acknowledgement from the property owner. In […]
Fortinet Warns Users to Beware of Zero-Day Vulnerabilities Already Exploited
CVE-2024-55591 Vulnerability: Authentication Bypass Threat Impacting FortiOS and FortiProxy CVE-2024-55591 is an Authentication Bypass vulnerability affecting FortiOS versions 7.0.0 to 7.0.16 and FortiProxy versions 7.0.0 to 7.0.79 and 7.2.0 to 7.2.12. This vulnerability allows attackers to send malicious requests to the Node.js WebSocket, granting themselves super-admin privileges. Attack Patterns According to observations from Fortinet and […]
Thailand’s LTR Visa Criteria Improvements
Thailand’s Cabinet has approved significant enhancements to the criteria for the Long-Term Resident (LTR) Visa, a critical measure aimed at attracting highly skilled foreign professionals and investors to the country. It is important to note that the BOI has not yet published an official announcement to confirm these changes, so the exact effective date remains […]
Thailand’s New Minimum Wage Law 2025 -Important Update for Employers
The Wage Committee has announced a Notice of Minimum Wage Rates (No. 13) with a significant increase in the minimum wage, effective 1 January 2025. This change will have a major impact on businesses, particularly in the areas of Chachoengsao, Chon Buri, Phuket, Rayong, and Surat Thani Province (Ko Samui District), where the minimum wage […]
AI and Cybersecurity Trends for 2025
This emphasizes the growing sophistication of AI-driven cyber-attacks, characterized by increasingly convincing phishing attempts and adaptive malware. The use of AI to target critical infrastructure further underscores the significant challenges faced by cybersecurity professionals. Moreover, the proliferation of deepfakes and synthetic media will necessitate the development of advanced tools for detection and mitigation. In addition, […]
Understanding How Cybercriminals Operate to Safeguard Your Business
By learning how cybercriminals select their targets and execute attacks, you can take proactive steps to prevent data breaches in your company. To provide deeper insights into attackers’ strategies, we partnered with NordStellar to analyze nearly 2,000 data breach incidents reported between August 31, 2022, and September 1, 2024. Our findings shed light on which […]
Foreign Investment in Thailand: FBL Statistics Update (January–November 2024)
As of November 2024, the Ministry of Commerce has granted FBL approvals for foreign investment under the Foreign Business Act B.E. 2542 (1999) to a total of 884 businesses. This includes 202 businesses through direct foreign business licenses and 682 businesses through certificates of foreign business operations (through the BOI, IEAT, or the Treaty of […]
Worst Passwords of 2024: A Wake-Up Call for Digital Security
The latest annual study from NordPass on the 200 most common passwords globally highlights a persistent issue: many people continue to choose weak and predictable passwords, leaving their accounts highly vulnerable to cyberattacks. Key Findings Most Popular Passwords: “123456” remains the most widely used password worldwide, followed closely by “123456789” and the aptly named “password.” […]
