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Thai banking industry unites against cybercriminals

The Thai Banking Sector Computer Emergency Response Team (TB-CERT), in collaboration with several organisations, the government, and the private sector, has been developing and upgrading security systems to prevent cybercrime. Kitti Kosavisutte, honorary adviser to the TB-CERT, said the banking industry is attentive to preventing cyber-risks on mobile banking platforms following more cyber-attacks as digital banking usage increases. TB-CERT is a group of financial institutions under the Thai Bankers’ Association (TBA). According to TBA’s cybersecurity guidelines for mobile banking services, banks have embedded detection systems to reject fake mobile applications. Kitti said mobile banking users should download mobile apps though official operating systems such as the Play Store or App Store directly rather, than apps from unknown links.


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