Emergency decree endorsed to tackle online fraud

Quick Summary:

The cabinet has approved a draft emergency decree meant to combat online fraud, enabling financial institutions to halt suspicious transactions temporarily for scrutiny, says Digital Economy and Society (DES) Minister Chaiwut Thanakamanusorn.

The Office of the National Broadcasting and Telecommunications Commission (NBTC) is authorised to develop a centralised database with users' mobile service registrations and short messages for investigation and fraud prevention.

It was designed to clamp down on online scammers and call centre gangs, in line with the ministry's top priority for 2023, as these problems have become increasingly critical amid the latest digital trends, he said.

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Article Details

Category: Technology

Markets: ThailandMyanmarUkraine

Topics: Ministry Decree Online Accounts Chaiwut Financial Transactions Institutions Cards Businesses Draft

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2023-01-27 @ 08:18:00 (1 months ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 627 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 25 words per sentence (average)

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

Copyright Owner: © Bangkok Post

News ID: 5051723

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Official Website: bangkokpost.com

Year Established: 1946

Headquarters: Thailand

News Last Updated: 1 days ago

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