Thailand Banking Cybersecurity Alert Raised Amid AI-Enabled Threats

Thailand banking cybersecurity safeguards are being strengthened as the Bank of Thailand warns of rising global cyberattacks involving artificial intelligence and third-party service providers.

Governor Vitai Ratanakorn said the central bank had coordinated with the Thai Bankers' Association, bank technology executives and the sector's cybersecurity response team.

Banks were instructed to tighten controls and report suspicious activities and potential attacks daily to improve monitoring and information sharing.

The government has raised its cyberdefence readiness to the highest level.

Vitai said the financial system remained stable and existing bank security systems had withstood attempted attacks without service disruption.

The measures underline operational and third-party risks facing financial institutions and their customers.