A recent report from the UN Office on Drugs and Crime (UNODC) has revealed that organized crime groups in Southeast Asia are now using advanced technologies like AI, deepfake videos, and malware to commit fraud and launder money. These groups are making billions of dollars by using cryptocurrency and underground markets, which makes them hard to trace.
In 2023 alone, the estimated losses from cyber scams in this region ranged from $18 billion to $37 billion. As these criminal operations become more high-tech, they are becoming harder to detect and stop.
It’s more important than ever to stay alert and protect yourself from online scams!
Learn more: