by chung chinyi | Mar 30, 2025 | Uncategorized
AI in Cybersecurity: Fighting Scams Scale of the Problem: Scam victims in Singapore lost around S$650 million in 2023 Singapore reported a record 46,563 scam cases in 2023 Globally, cybercrime costs are projected to increase by USD 6.4 trillion from 2024-2029...
by chung chinyi | Mar 30, 2025 | Uncategorized
Key Players Fighting Scams YouTube Scam Fighter “Pierogi” Runs the “Scammer Payback” channel with 6.7 million followers Hacks into scammers’ devices, gathering information about their operations Uses voice-changing technology to pose as...
by chung chinyi | Mar 30, 2025 | Uncategorized
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)...
by chung chinyi | Mar 30, 2025 | Uncategorized
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...
by chung chinyi | Mar 30, 2025 | Uncategorized
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...
by chung chinyi | Mar 30, 2025 | Uncategorized
I’ll analyze human trafficking in Southeast Asia with a focus on Singapore’s prevention efforts. https://www.straitstimes.com/singapore/man-lured-to-work-in-myanmar-scam-compounds-was-beaten-electrocuted The Current Situation The article highlights a...