Thailand Orders Commercial Banks and Digital Asset Operators to Urgently Upgrade Cybersecurity Defenses
The Bank of Thailand and the Securities and Exchange Commission have directed all domestic commercial banks and digital asset firms to immediately strengthen their defenses against escalating global cyber threats. The preemptive mandate follows recent high-profile system outages at major Japanese banks and a wave of cyberattacks disrupting European supply chains, reflecting a coordinated push to protect the Thai financial sector from cross-border digital attacks.