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Mobile banking systems of all banks are safe and secure : TBA

Today 21:12Key points summarised by AI

The Thai Bankers Association (TBA) assures the public that mobile banking applications are secure, addressing concerns raised by a programmer's arrest for alleged security bypass software.
System checks confirmed the alleged software is ineffective; it cannot access customer accounts or facilitate large transfers (over 50,000 baht) without the owner's personal information, facial scan, PIN, and one-time password.
TBA warns against severe penalties for individuals involved in 'mule' accounts and advises users to protect themselves by avoiding unverified app downloads, sharing credentials, or clicking suspicious SMS links.
Separately, an insurance broker was arrested and had his license suspended for five years for selling customer data, though internal investigations found only 11 customers were affected.