Section

Cyber Crime: Scammers stole up to $37 bn; intensifying operations in Southeast Asia

By Economic Times - 2 months ago
Cyber crime syndicates accumulated up to $37 billion last year and are increasing their activities in Southeast Asia. Despite law enforcement efforts, these groups are expanding operations using new technologies and business models. Nations like Myanmar, Cambodia, and Laos are becoming major hubs for various illicit activities, creating significant financial losses.

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