Cybercriminals OPERATE LIKES COMMERCIAL BUSINESSES
It comes as no surprise that scammers will utilize people who spend a lot of their time on messaging and social media platforms, according to EY Steve Lam, ASEAN security chief at consulting company.
Swindlers operate like business businesses, he noted.
Their behavior is not very different from what you would do if you were a trustworthy company person, they say. You get out there, you try to ( reach out ) to as many people as you can, get them to know about your products, get them interested, get them to connect with you”, he told CNA’s Singapore Tonight.
In Singapore, swindlers connected with 40 per cent of their patients through social media, while 40 per cent of schemes were performed via institution transport, according to the GASA statement.  ,
According to GASA managing director Jorij Abraham, many nations are simply becoming aware that schemes are a major issue.
On the sidelines of the anti-scam summit, he told CNA’s Syahida Othman,” We see in many countries that the number of law enforcement officers fighting scammers is residual compared to the number of reports, but we’re just at the beginning, where several countries have to make a big catch away.”  ,
He added that this is because the majority of those who are conned do n’t report it.
” They are however afraid, but it’s a murder and it should be reported”.