Bank of Thailand: No Impact on Financial Services From Cyber Threats as PM Orders Stronger Defences and Drills
The Bank of Thailand said in Press Release No. 44/2569 on November 9 that, while cyber threats against financial institutions have risen, services provided by Thai financial institutions have not been affected. Prime Minister Anutin Charnvirakul had on November 8 instructed the National Security Council to coordinate the National Cyber Security Agency, the Ministry of Digital Economy and Society and security agencies to strengthen protection, and on November 9 chaired an NSC meeting, attended by the central bank and the Stock Exchange of Thailand, ordering preventive and response measures.
Deputy Governor Suwannee Jatsadasak said the Bank of Thailand had convened the chief information officers of all financial institutions, together with TB-CERT and the Thai Bankers' Association, to strengthen defence, monitoring and information sharing, and to rehearse contingency and business-continuity plans for critical payment systems. Governor Vitai Ratanakorn moved attack reporting to a daily basis and urged the public not to panic or rush to withdraw cash.
The Thai Bankers' Association and Finance Minister Ekniti Nitithanprapas echoed that the financial system was operating normally. The steps followed IT failures and cyberattacks on financial institutions overseas, in Europe and in Asian markets including Malaysia, Indonesia, Japan and Taiwan, while attempted attacks on Thai institutions over the previous one to two weeks had risen but were held off.
Source: Bank of Thailand
Published by GSM · USA (original Chinese edition)
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