Niaga SPOTLIGHT: Digital financial scams - Evolving tactics & addressing gaps

In 2024, Malaysia faced a staggering 35,368 digital financial scams, resulting in RM1.6 billion in losses—a 33% increase from the previous year. These scams ranged from fraudulent phone calls and scam messages to fake investment schemes promising high returns, evolving into a serious menace.
The Malaysian Communications and Multimedia...