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Analysis of Investment Scams in Singapore

Analysis of Investment Scams in Singapore

Investment Scam Statistics and Warning Signs Investment scams were among the top 5 scam types in 2023, with 4,030 reported cases The average loss per victim was approximately $50,700 Warning signs include: Unrealistic returns (like 20% in a month with low/no risk)...
Analysis of Craxs Rat Malware

Analysis of Craxs Rat Malware

Craxs Rat Malware Summary This article details a sophisticated Remote Access Trojan (RAT) called Craxs Rat that has been used in phishing campaigns targeting Singapore since April 2023. Here are the key points: What is Craxs Rat? A Remote Access Trojan that gives...
E-Commerce Scams in Singapore

E-Commerce Scams in Singapore

E-commerce scams are the second-highest reported scam type in Singapore Cases more than doubled from 4,762 in 2022 to 9,783 in 2023 The most common platforms for these scams: Facebook, Carousell, and Telegram Since January, at least 104 residents have lost at least...
Mental Health Toll of Scam Victims

Mental Health Toll of Scam Victims

Mental Health Impact on Scam Victims Victims often experience shame, fear, guilt, and severe emotional trauma Some develop serious conditions like depression or anxiety disorders Sleep problems, paranoia, loss of trust, and low self-esteem are common The psychological...