Cyber scams are a rapidly evolving threat in Southeast Asia, targeting vulnerable people, particularly young people, through increasingly sophisticated tactics.
Cyber criminals use various deceptive methods, from phishing emails and fake social media profiles to illegal online lending schemes.
Indonesia has witnessed an alarming rise in these scams, with illegal online lending becoming a significant problem, often trapping borrowers in high-interest loans and abusive debt collection practices.
Phishing attacks are also rising sharply in Indonesia, exploiting users’ limited digital literacy and posing risks to both personal and financial information.
The Association of Southeast Asian Nations (ASEAN) has created a more secure regional cyberspace.
The ASEAN Regional Computer Emergency Response Team aims to improve regional collaboration on cyber incident response, focusing on scam prevention, infrastructure protection and broader economic and social stability. The ASEAN Norms Implementation Checklist provides guidelines to align national cyber policies with international norms, enhancing cooperation across ASEAN countries.
As cyber threats continue to evolve, it is crucial for governments, businesses and people to adopt robust cybersecurity measures and stay informed about the latest tactics used by cybercriminals.
This article first appeared under Creative Commons in 360info.
Further develop your understanding of AI through the IPA’s digital short course Artificial Intelligence for Accountants. Accountants will learn key aspects of AI, identify risks and create an implementation plan tailored for your clients and practice.