Cyber-enabled fraud resulted in up to $37bn in losses for victims in East and Southeast Asia in 2023, with governments left unable to contain these threats, a United Nations (UN) report has warned. The analysis by the United Nations Office on Drugs and Crime (UNODC) highlighted that organized crime groups in the region have rapidly integrated new tools and technologies to enhance their operations, including malware, generative AI and deepfakes.

Source: Infosecurity