AI threats see banks bolster cybersecurity measures - Bangkok Post

Banks have long treated cybersecurity as a critical business risk, but the emergence of artificial intelligence, particularly agentic AI, has increased the scale and speed of potential threats, prompting financial institutions to strengthen their defenses and operational resilience, says HSBC.

Growing AI Threats

HSBC representative Mr Elhedery stated that the country remains an attractive investment destination, supported by a business-friendly environment, policy clarity and stability, a skilled workforce, well-developed infrastructure and a strategic location connecting regional and global markets.

Enhanced Security Measures

Thai banks are implementing enhanced security systems including advanced threat detection, improved incident response capabilities, and robust cybersecurity frameworks to counter AI-driven attacks.

Mr Elhedery emphasized that banks are allocating significant resources to develop operational resilience and sophisticated defense mechanisms against increasingly complex AI threats.

Thailand's Investment Appeal

Despite cybersecurity challenges, Thailand continues to attract foreign investment with its strategic location and business-friendly policies. The country has implemented measures to protect critical infrastructure and sensitive financial data.

HSBC has been operating in Thailand for over 93 years, with 83 branches across the country, demonstrating the bank's long-term commitment to the Thai market.