Vietnam is in the top 3 in Southeast Asia for financial fraud attacks

Financial fraud is a form of fraud aimed at stealing personal and financial information involving impersonating financial institutions, payment systems, and e-commerce platforms.

According to the report, in Southeast Asia, Thailand recorded the highest number of financial fraud attacks with 141,258 cases, followed by Indonesia with 48,439 cases. Vietnam and Malaysia ranked 3rd and 4th with recorded numbers of 40,102 and 38,056, respectively.

Vietnam is in the top 3 in Southeast Asia for financial fraud attacks

Singapore and the Philippines were the two countries that recorded the fewest financial fraud attacks with 28,591 and 26,080 cases.

Thus, Thailand and Singapore recorded the highest increases, 582% and 406% respectively compared to the same period in 2023.

According to statistics, common scams are impersonating e-commerce brands, banks and payment applications, with the aim of stealing login information and personal, sensitive data of users and businesses.

The subjects use many sophisticated non-technical attacks, impersonating financial institutions to deceive, threaten and coerce victims. In many cases, the subjects also impersonate charities to lure victims into donating to fake funds.

According to the assessment, financial fraud attacks are increasing rapidly as cybercriminals continue to improve their tricks and adjust their fraud tactics to become more sophisticated. The number of attacks has increased by 41% compared to the same period last year.

Explaining this: analysts say the strong growth of the digital economy and the increasing use of artificial intelligence and automation by cybercriminals, thereby creating more sophisticated and targeted fraudulent content.

Source: https://kinhtedothi.vn/viet-nam-lot-top-3-dong-nam-a-ve-tan-cong-lua-dao-tai-chinh.html