The royal decree was published in the Royal Gazette on Friday and immediately took effect after its publication, Deputy Government Spokesperson Traisuree Taisaranakul said. The law allows victims of online…
The law allows victims of online scams to immediately file for the suspension of a mule account that has been set up using their stolen identity via 15 banks’ hotline numbers and to file a scam complaint…
The law additionally allows banks the authority to temporarily suspend a suspected mule account and for the use of artificially intelligent (AI) technology to investigate illicit transactions.
The law also outlines the punishment for cybercriminals.
“The law sentences those who open an account, electronic card, or electronic wallet for illegal use and those who let others use their SIM card for any illegal purpose to 2–5 years imprisonment and/or…
She said that Prime Minister Prayut Chan-o-cha has expressed gratitude to all concerned agencies participating in cybercrime protection.
The agencies, Miss Traisuree said, included the Ministry of Digital Economy and Society (DES), the Bank of Thailand (BoT), the Department of Special Investigation (DSI), the Anti-Money Laundering Office,…
Pol Maj Suriya Singhakamol, DSI chief, said the law will allow banks to temporarily suspend illicit bank accounts without waiting for fraud to occur.
This makes the law one of the most effective tools for social security preservation, Pol Maj Suriya said.