by conditionzebra | Mar 21, 2024 | Awareness
On 18 March 2024, the New Straits Times(NST) reported a total cases of 34,497 cases of online scams amounting to RM1.2 billion loss in 2023. Based on the 2023 statistics, the category with the highest recorded with 10,348 cases amounting to a total of RM352.9 mil was...
by conditionzebra | Mar 18, 2024 | Awareness
In today’s world, financial institutions have become dependent on information systems. The systems let them conduct business transactions like account management, transfers, withdrawals, and more. Together with this, it controls information exchange. Aside from...
by conditionzebra | Mar 11, 2024 | Awareness
On 23 January 2024, the New Straits Times(NST) reported a businesswoman lost RM6.2 million in a fake gold investment scheme.Numerous cases are similar to non-existent online investment schemes, where the victims are promised lucrative returns, so they get attracted...
by conditionzebra | Feb 23, 2024 | Awareness
New Straits Times (NST), reported Malaysians lost a total of RM302 million as a result of online fraud on Facebook and Instagram between 2021 and June 2023.These frauds cost RM27 million in February 2023, with an extra RM100 million stolen by 330 victims in two weeks...
by conditionzebra | Feb 9, 2024 | Awareness
On 5th February 2024, The Star reported a company director lost RM11 million in a cryptocurrency scam. Meanwhile, on 27th January 2024, Free Malaysia Today (FMT) reported a victim of a cryptocurrency scam who lost more than RM10 million.However, this is not the only...
