The Bank of Thailand underscores the prevalence of financial fraud threats such as call center gangs, SMS scams, and money-sucking apps, with an anticipated surge in losses from money-sucking apps totaling 1.152 billion baht projected for the past seven months from December 2022 to June 2023.
Despite rigorous protective measures, criminals continuously refine their deceptive tactics, necessitating a proactive response. In line with this, the bank is introducing a “Fraud Fighter” initiative through a dedicated website, serving as a comprehensive resource for modern fraud prevention. The primary goal is to empower Thai citizens to remain vigilant, comprehend potential risks, and take effective measures against financial scams and cyber threats. The initiative covers content spanning the entire business sector, addressing consumers under three main…
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