# Cyber Fraud in Southeast Asia is Growing Fast!

**URL:** <https://citizen.complainthub.org/t/cyber-fraud-in-southeast-asia-is-growing-fast/10600>\
**Category:** Cybersecurity\
**Tags:** cryptocurrency, deepfake, fraudalert, cyberfraud\
**Created:** [October 10, 2024, 1:17am UTC](https://citizen.complainthub.org/t/cyber-fraud-in-southeast-asia-is-growing-fast/10600 "2024-10-10T01:17:47Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![complainthub-team](https://citizen.complainthub.org/user_avatar/citizen.complainthub.org/complainthub-team/32/9584_2.png) [@complainthub-team](https://citizen.complainthub.org/u/complainthub-team)\
**Post date:** [October 10, 2024, 1:17am UTC](https://citizen.complainthub.org/t/cyber-fraud-in-southeast-asia-is-growing-fast/10600/1 "2024-10-10T01:17:48Z")

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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:**

> **[Billion-dollar cyberfraud industry expands in Southeast Asia as criminals...](https://www.unodc.org/roseap/en/2024/10/cyberfraud-industry-expands-southeast-asia/story.html)**
>
> Billion-dollar cyberfraud industry expands in Southeast Asia as criminals adopt new technologies