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‘Urgent from CEO: send payment’ – the multimillion-dollar scams targeting Thai companies

10 Sept 20:41 Key points summarised by AI

Thai companies are increasingly targeted by "CEO Fraud" or "Business Email Compromise" scams, where criminals impersonate senior executives or trusted partners via email to coerce employees into making urgent, unauthorized financial transfers.
Three companies in Thailand recently lost nearly 93 million baht to these sophisticated scams in May, highlighting the significant financial threat posed by these deceptive tactics.
Scammers meticulously craft fake emails by subtly altering legitimate company domain names (e.g., "cornpany.com" instead of "company.com") and using high-pressure language like "urgent" or "confidential" to bypass standard financial protocols.
The Anti Cyber Scam Center (ACSC) advises companies to implement dual authorization for all payment requests, verify any changes to banking details by calling suppliers via previously known numbers, and meticulously scrutinize email addresses for any subtle discrepancies.

Today 14:46 Key points summarised by AI

A three-kilometer stretch of road in Nakhon Si Thammarat's Muang district is now completely dark after thieves stole all remaining solar panels from 98 streetlight poles.
Villagers report that solar panels and batteries have been consistently stolen for years across various roads, with no arrests made, exacerbating the problem.
The 2017 installation of 3,000 solar streetlights, costing 200 million baht, is plagued by both rampant theft and allegations of corruption involving ten officials, with the case still pending.
Local administrative organizations refuse to maintain the disused poles, citing a lack of funding, contributing to the widespread disrepair and ineffectiveness of the public lighting system.