Intelligent CIO APAC Issue 44 | Page 58

CASE STUDY
About Krungsri
Krungsri ( Bank of Ayudhya PCL and its group companies ) is the fifth largest financial group in Thailand in terms of assets , loans and deposits , and one of Thailand ’ s six Domestic Systemically Important Banks ( DSIBs ) with 78 years of history in the country .
Krungsri is a strategic member of the Mitsubishi UFJ Financial Group ( MUFG ), Japan ’ s largest financial group and one of the world ’ s largest financial organizations .
Krungsri provides a comprehensive range of banking , consumer finance , investment , asset management and other financial products and services to individual consumers , SMEs and large corporations through 603 domestic branches ( 563 Banking Branches and 40 Auto Business Branches ) and over 33,918 service outlets nationwide .
The Krungsri Group is the largest card issuer in Thailand with 10 million credit cards , sales finance , and personal loan accounts in its portfolio ; a major automobile financing service provider ( Krungsri Auto ); one of the fastest growing asset management companies ( Krungsri Asset Management ); and a pioneer in microfinance ( Ngern Tid Lor ).
Krungsri pitches itself as strongly committed to the highest level of integrity in conducting its business .
All Krungsri Group companies have been awarded accreditation from the Private Sector Collective Action Coalition Against Corruption ( CAC ) in collaboration with industry peers and stakeholders on a zero-tolerance approach to corruption .
But 45 % of not-for-profits surveyed are yet to develop a data breach response plan , indicating the need for greater education across the sector in this particular area of information security best practice .
Infoexchange says there are a growing number of free or low-cost resources tailored for the not-for-profit sector should they be ready to improve or upgrade their current information security practices .
Guides , policy templates , training webinars and more are all available on the Infoexchange Digital Transformation Hub .
58 INTELLIGENTCIO APAC www . intelligentcio . com