Bank of Thailand (BOT) and Bank Negara Malaysia (BNM) today signed a Memorandum of Understanding (MoU) to strengthen joint efforts in cybersecurity and digital fraud protection. This initiative also promotes a closer working relationship between the two central banks, enabling more effective information sharing, capacity building, and the exchange of best practices.

The MoU was signed by BOT Governor Dr. Sethaput Suthiwartnarueput and
BNM Governor Dato' Seri Abdul Rasheed Ghaffour.

This MoU exemplifies BOT and BNM’s commitment to enhance cybersecurity preparedness and strengthen the cyber defenses of both nations' financial industries.

Governor Sethaput Suthiwartnarueput from Bank of Thailand said, ‘This MoU reflects our commitment to working together with Bank Negara Malaysia to strengthen cybersecurity and combat digital fraud. As cyber threats become increasingly sophisticated, close collaboration and knowledge sharing are essential. Through this partnership, we aim to enhance the resilience and security of our financial systems for the benefit of consumers in both countries.’          

Governor Dato' Seri Abdul Rasheed Ghaffour said, ‘BNM remains committed to enhance the resilience of our financial institutions and strengthen protection of our financial consumers against current and emerging cyber threats. This partnership with Bank of Thailand will significantly deepen our cooperation in cybersecurity and the fight against digital fraud.’

Bank of Thailand

Bank Negara Malaysia

10 April 2025