Bank Negara Malaysia (BNM) and Bank of Thailand (BOT) 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 BNM Governor Dato' Seri Abdul Rasheed Ghaffour and BOT Governor H.E. Dr. Sethaput Suthiwartnarueput.

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

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. 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.’

Bank Negara Malaysia
Bank of Thailand

10 April 2025

Bank Negara Malaysia Governor Dato' Seri Abdul Rasheed Ghaffour and Bank of Thailand H.E. Dr. Sethaput Suthiwartnarueput exchanging the Memorandum of Understanding on cybersecurity cooperation and digital fraud protection

Bank Negara Malaysia Governor Dato' Seri Abdul Rasheed Ghaffour and Bank of Thailand H.E. Dr. Sethaput Suthiwartnarueput signing the Memorandum of Understanding on cybersecurity cooperation and digital fraud protection