The Economics of Cybercrime: State of Knowledge and Future Research
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Abstract
Cybercrime poses a significant threat to Thailand's economy, security, and societal well-being. Economic factors such as income inequality, poverty, and unemployment are key drivers that push individuals toward cybercrime, particularly among low-income groups who perceive it as a means of financial stability. While education can help reduce crime rates, when coupled with technical skills, it can also lead to more sophisticated cyberattacks. Technological advancements, though beneficial for economic growth, create new avenues for cybercriminals. Thailand is highly vulnerable due to widespread internet usage, fast broadband connections, and varying levels of technological literacy. Despite the presence of cybersecurity laws and specialized enforcement agencies, challenges remain due to the ever-evolving nature of cyber threats. The economic impact of cybercrime in Thailand is severe, leading to significant financial losses, reduced foreign investment, and diminished trust in digital platforms. To effectively combat this issue, further research on the economic and technological drivers of cybercrime, as well as international collaboration, is essential to create a secure digital future for Thailand
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