BAAC set up security guards to prevent fraud, cancel SMS and e-mail attachments in all cases.
Mr. Pongphan Jongrak, deputy manager of the Bank for Agriculture and Agricultural Cooperatives (BAAC), revealed that BAAC responded to the policies of the Ministry of Finance and the Bank of Thailand. Moving forward to prevent financial fraud through financial fraud management measures Both SMS and e-mails with linked links are canceled in all cases. Developing a security system to keep up with financial threats Near real-time detection and tracking of unusual transactions, including the establishment of a hotline for financial alerts. To close the gap in taking advantage of fraudsters and build confidence among the public in conducting financial transactions. In case of witnessing various impersonations or reporting financial disasters Contact the BAAC Financial Disaster Reporting Center 24 hours a day.
Due to financial threats from fraudsters tend to rise continuously and through various channels. Whether it’s a call through the Call Center, sending an SMS, attaching a link, or an application that sucks money. that trick people into downloading Enter information or perform any action that results in the loss of money by the public. was used for personal information or lack of confidence in online financial transactions which has a wide effect on the economy The Ministry of Finance and the Bank of Thailand (BOT) therefore issued measures to deal with financial fraud. in the prevention, detection, response and response to financial fraud on the principle of balance Between risk management and promotion of digital financial services To be a guideline and standard for the performance of financial institutions, which the BAAC as a state financial institution ready to operate in accordance with such guidelines To keep people safe from financial and fraudulent threats, as well as to strengthen the confidence of people who use the service to be able to conduct online transactions safely.
Measures to deal with financial fraud include: 1) Preventive measures to close channels for fraudsters to reach more people. By refraining from sending text messages or e-mails, attaching links to request important information such as name-surname or ID card numbers, blocking SMS and Call center impersonating banks and closing fraudulent websites, limiting the number of accounts for mobile banking to only 1 device. /user Alerting users before every transaction on Mobile Banking Developing a security system to keep up with ever-changing financial threats Raising the minimum level of identity verification by using biometrics technology and limiting daily online transaction limits to suit the risk level of each user type.
The amount can be adjusted as necessary and requires strict identity verification. 2) Measures to detect and track suspicious accounts or transactions. To limit the damage and reduce horse account usage. by specifying conditions for detecting and monitoring transactions that are considered unusual. A report from the Anti-Money Laundering Office (AMLO) states that financial institutions must have a system to detect suspicious accounts or transactions in near real-time so that they can temporarily suspend transactions immediately. and open online reporting channels for people who have been damaged by financial disasters. 3) Response and Countermeasures to deal with the problem for the victims faster Financial institutions must have a hotline 24 hours a day, separate from normal channels. Including providing education on financial dangers for vulnerable groups and children to be aware of financial threats and fraud.
The BAAC has already started implementing the measures, including canceling the sending of text messages (SMS) and e-mail attachments in all cases. and the opening of a 24-hour reporting center for fraudulent financial threats for farmers, customers can contact the Call Center 02 555 0555, press *3. Farmers, customers to be safe from financial dangers and able to conduct online transactions confidently and safely.
“Nowadays, there are many forms of scams from fraudsters. BAAC therefore urges you to check the source of information every time. and exercise more caution in contacting or conducting online transactions If you see a different impersonation For more information or inquiries, contact the Call Center 02 555 0555 press *3 24 hours a day, including the website www.baac.or.th LINE Official Account: @baacfamily and Facebook Page “BAAC Thailand” and “Baac Service with heart, Mr. Pongpan Said.
Source: Thai News Agency