Summary of fraud risks on digital platforms

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by Editor

When analyzing the main fraud channels in different Asian regions, it becomes clear that digital platforms are becoming hotbeds for fraud activities. In the survey for Asia 2023 scam report, GASA and Gogolook conducted a survey of "fraud risks on digital platforms" in 11 countries in the Asian region. Let's Anti-Phishing (CLD) learn more about this study in more detail.

With the growth of digital communication and social media for both professional and recreational purposes, the risk of becoming a victim of scams is bound to increase due to increased engagement. of the public with these platforms. With this goal in mind, GASA and Gogolook conducted additional research to quantify the percentage of individuals experiencing fraud on popular digital platforms in different regions and identified five platforms with highest risk in each area.

Overall, Facebook is among the top 5 platforms at scam risk in all 10 regions outside of China, with Facebook even ranking top in Taiwan (50.4 %), Thailand (47.3 % ), Philippines (72.3 % ) and Vietnam (71.5 % ).

Regarding instant messaging apps, phishing mainly manifested itself on prominent communication platforms in each country surveyed across Asia. For example, WhatsApp ranks first in Malaysia (61.3 %), Hong Kong (81.3 %), Singapore (55.3 %) and Indonesia (74.3 %).

The risks associated with Telegram and LINE should not be underestimated. It is worth noting that Instagram and TikTok, which are popular with young people, both appear in the risk rankings 7 and 6 times. This indicates an underlying trend towards young people becoming victims of fraud, highlighting the need for early intervention through targeted fraud prevention and education programmes.


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