Financial scam decree touts shared responsibility

Quick Summary:

An amended emergency decree mandates shared responsibility for financial scams among all stakeholders, but taking personal precautions remains the most effective defence.

"For instance, there were no mobile banking fraud cases reported for the first quarter this year, largely due to strengthened app security that prevents hackers from remotely controlling devices to transfer funds".

All parties involved, including individuals, are required to share responsibility for financial fraud cases based on their level of negligence.

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Article Details

Category: EconomyBusiness

Markets: Thailand

Topics: Fraud Security Measures Scams Regulator Financial Central Mule Banking Accounts Bank

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-05 @ 09:03:00 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 839 words

Reading Time: 5 minutes read

Sentences: 42 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 28383667

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About Bangkok Post

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 15 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 3 hours ago

Coverage Areas: Thailand

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #66

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