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Thai Ministry of Finance Orders Enhanced Cybersecurity Against AI-Driven Threats

Khaosod Online Thailand One source

The Thai Ministry of Finance has mandated that all affiliated agencies, including Krungthai Bank, upgrade their cybersecurity protocols to combat sophisticated AI-powered hacking attempts.

According to Khaosod Online, the Thai Ministry of Finance has issued a directive for all subordinate agencies to elevate their cybersecurity defenses to the highest level. Permanent Secretary Lavaron Sangsnit stated that the government is responding to evolving threats where artificial intelligence is being utilized to compromise up to one million accounts simultaneously. Given the scale and speed of these AI-driven attacks, manual intervention is no longer sufficient, necessitating the deployment of advanced AI-based defensive and counter-attack systems.

As the Chairman of the Board for Krungthai Bank, Lavaron confirmed that the financial institution is also intensifying its security measures to protect its vast database of sensitive information. This directive follows recent concerns regarding unauthorized access to over 60,000 passenger records from Thai Airways.

For residents and travelers, this development highlights a significant shift in the national approach to digital security. While these measures aim to safeguard financial and personal data, the effectiveness of these new AI-driven defenses remains to be seen. Authorities have not yet provided specific details on the timeline for these upgrades or the exact nature of the security breaches involving Thai Airways, which remains a subject of ongoing investigation. Users are advised to remain vigilant regarding their personal account security while these institutional upgrades are implemented.