The UN warns that massive multibillion-dollar fraud networks are emerging in Southeast Asia

A new report from the United Nations Office on Drugs and Crime shows that crime syndicates in Southeast Asia are increasingly using technologies such as deepfakes, malware and generative AI in their operations to deceive victims.

UN threat landscape analysis warned that criminals have adapted to technological advances – with an estimated loss of between $18 billion and $37 billion from scams targeting people in East and South-East Asia by 2023.