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TechRadar
Ellen Jennings-Trace

UN warns massive billion-dollar fraud networks are on the rise in Southeast Asia

Pexels.

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

Analysis of the threat landscape by the UN warned criminals have adapted to technological advances - with an estimated loss of between $18 billion and $37 billion from scams targeting people in East and SouthEast Asia in 2023.

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