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The United Nations warns that huge multi-billion dollar fraud networks are on the rise in Southeast Asia

The United Nations warns that huge multi-billion dollar fraud networks are on the rise in Southeast Asia

A new report from the United Nations Office on Drugs and Crime has found that crime syndicates in Southeast Asia are increasingly using technologies such as deepfakes, malware and generative AI in their operations to trick victims.

A United Nations threat landscape analysis warned criminals have adapted to technological advances – with an estimated loss of $18 billion to $37 billion from scams targeting people in East and Southeast Asia in 2023.

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