Bank Negara Malaysia (BNM) and the Bank of Thailand (BOT) have signed a MoU aimed at increasing cooperation in cybersecurity and efforts to combat digital fraud.

The agreement promotes a closer working relationship between the two central banks, supporting information sharing, capacity building, and the exchange of best practices.

It also reflects their joint commitment to strengthening cybersecurity preparedness and enhancing the cyber resilience of both countries’ financial industries.

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

BNM 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.”

BOT Governor H.E. Dr. Sethaput Suthiwartnarueput 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.”

Featured image: Bank Negara Malaysia Governor Dato’ Seri Abdul Rasheed Ghaffour and Bank of Thailand H.E. Dr. Sethaput Suthiwartnarueput