On March 15th, Group-IB, a Singapore-based global leader in cybersecurity, revealed its intention to establish a Digital Crime Resistance Center in Thailand. During a press conference in Bangkok, the company also signed a strategic partnership agreement with nForce (SECURE).
Under the partnership, nForce will act as a distributor for Group-IB’s entire range of products and services accumulated under Group-IB’s Unified Risk Platform, an ecosystem of solutions that understands each organisation’s threat profile and tailors defenses against them in real-time from a single interface.
nForce will set up the first Incident Response (IR) Team in Thailand with the assistance of seasoned Group-IB Digital Forensics & Incident Response experts, who have over 70,000 hours of incident response operations worldwide under their belt. Group-IB will also provide training and dedicated support to nForce’s newly established Incident Response team.
To streamline IR operations in the country and ease the process of data collection for forensic analysis nForce’s team will be equipped with Group-IB’s Managed Extended Detection and Response solution.
In a move to bolster the country’s incident response (IR) operations, nForce has partnered with Group-IB, a Singapore-based global cybersecurity leader. As part of this collaboration, nForce’s team will be equipped with Group-IB’s Managed Extended Detection and Response (MXDR) solution, which is designed to streamline IR operations and simplify data collection for forensic analysis.
As a well-established distributor in Thailand, nForce has over 100 partners covering all market segments, with a particular stronghold in the financial sector.
By partnering with nForce, Group-IB aims to improve its coverage of the Thai market and enhance its ability to provide cutting-edge cybersecurity solutions to local organisations.
This partnership comes at a crucial time, as Thailand is facing an increase in cyber threats and attacks, which have the potential to disrupt critical services and steal sensitive data.
With Group-IB’s expertise in threat intelligence and nForce’s strong distribution network, the two companies are well-positioned to tackle the growing threat landscape and help organisations in Thailand stay secure.
According to a recent report on Hi-Tech Crime Trends in the Asia Pacific region has revealed that Thai companies are facing an escalating number of cyber threats.
The report, covering the period between H2 2021 – H1 2022, highlighted that Thailand ranked fifth in the region, with 27 victim companies having their data published on ransomware dedicated leak sites (DLS).
Recent findings by the Group-IB Threat Intelligence team have highlighted concerning trends in the Thai cybersecurity landscape. The team noted that while 28 local companies in Thailand had their data published on ransomware dedicated leak sites (DLS), the actual number of ransomware attacks is likely to be much higher as many companies opt to pay the ransoms
To counter growing cyber risks, Group-IB’s Digital Crime Resistance Center in Thailand will bring together seasoned cybersecurity experts in the areas of Threat Intelligence, Digital Forensics & Incident Response, Cyber Investigations, Digital Risk Protection as well as Computer Emergency Response Team analysts.
Collecting digital evidence fully and correctly allows one to clearly understand the scope and develop appropriate measures to effectively contain a threat and prevent similar incidents in the future. Group-IB’s highly skilled digital forensics and incident response experts will train nForce personnel to respond to a wide range of security threats.
Group-IB’s team uses cutting-edge Threat Intelligence-driven technologies and has a proven track record of effectively investigating and resolving complex cybercrime cases.
As such, Group-IB’s decryptor for version four of the infamous Hive ransomware, written by the company’s DFIR team, helped to decrypt the network of a medical organisation in Thailand.
Mr. Nakrop Niamnamtham, CEO of nForce Secure Public Company Limited said, “We at nForce are very pleased to partner with Group-IB, a global cybersecurity leader. Niamnamtham
“By establishing an Incident Response team in collaboration with Group-IB, we aim to help organisations in Thailand to deter and prevent cyber threats, “said Niamnamtham,
“With a dedicated team on the ground capable of responding to incidents regardless of their complexity, local businesses can operate safely. Group-IB’s products and services will complement nForce’s offering and strengthen our market position,”
“As more businesses embark on digital transformations, the demand for cybersecurity continues to rise. In 2023, we anticipate a 15-20% revenue growth from our government and enterprise sector customers in Thailand,“ he said
CEO of Group-IB, Dmitry Volkov said, “We are excited to partner with nForce, which has a great reputation in the Thai market and will help us expand our footprint in the region,”
“Group-IB’s Digital Crime Resistance Center and this partnership are significant steps forward in extending our global mission of fighting cybercrime to Thai shores,“ said Volkov
“We believe that together with nForce we will build an incident response team of passionate professionals committed to creating safer cyberspace,” he said.
Equipped with the patented technologies tried and tested in more than 60 countries, the Group-IB team together with nForce experts will fortify the digital defenses of Thai companies by establishing a top-notch DFIR team