The Thai government has taken significant steps to bolster its fight against cybercrime with the introduction of the Second Royal Decree, which came into effect on April 13, 2025. This new directive enhances existing legal frameworks put in place earlier and aims to tackle the evolving landscape of digital fraud, particularly as cyber scams continue to escalate.
Key Points
- Introduction of regulations to combat AI-generated scams and deepfake technology.
- Financial institutions now required to monitor transactions in real-time to prevent fraud.
- Tighter SIM card ownership verification mandated for telecom providers.
- A victim compensation fund established to streamline refunds for scam victims.
- Social media platforms face accountability for removing fraudulent content quickly.
- Enhanced laws for pursuing overseas cyber offenders and increasing collaboration with international agencies.
- Public awareness campaigns to educate citizens about scam avoidance and protection measures.
Why should I read this?
If you care about staying safe in the digital world, you’ll want to check this out! This article dives into crucial new regulations that not only protect individuals but also place significant responsibilities on companies and institutions. Knowledge is power, especially when it comes to dodging those tricky scams lurking on the internet. We’ve distilled the details for you so you can be in the know and aware of what’s changing in the fight against cybercrime.