
Thai financial regulatory agencies have joined forces to protect the personal data of consumers as global data leakages and cyber-risks grow in the digital age.
The three financial regulators -- the Bank of Thailand, the Securities and Exchange Commission (SEC), and the Office of the Insurance Commission (OIC) -- in collaboration with the Office of the Personal Data Protection Committee (PDPC), on Thursday signed a memorandum of understanding (MoU) to support the supervision of personal data protection in the financial sector.