The Bank of Thailand has urged financial institutions to strengthen their cybersecurity measures and remain vigilant against potential cyberattacks following incidents affecting financial institutions in other countries. The bank confirmed that no such attacks have been detected in Thailand and that financial services have not been affected.
Suwannee Jatsadasak, Deputy Governor for Financial Institution Stability, said the bank has been closely watching these overseas incidents. In response, it has brought together the Chief Technology Officers of financial institutions, the Thai Banking Sector Computer Emergency Response Team (TB-CERT), and the Thai Bankers' Association (TBA) to strengthen preventive measures.
The central bank has also asked financial institutions to:
Share more information
Jointly assess emerging threats
Prepare responses for different levels of cyber risk
Going forward, the Bank of Thailand and financial institutions will continue to closely monitor developments and ensure that IT systems comply with established security standards. They will also conduct emergency response drills in line with their Business Continuity Plans (BCPs) to maintain the security and reliability of financial services for the public.
The goal is to keep financial services secure and reliable for everyone in Thailand, including the many visitors and residents who rely on them.
