BANGKOK: Powerful criminal networks in Southeast Asia extensively use the messaging app Telegram which has enabled a fundamental change in the way org...
: Powerful criminal networks in Southeast Asia extensively use the messaging app Telegram which has enabled a fundamental change in the way organised crime can conduct large-scale illicit activity, the United Nations said in a report on Monday.
Tools used for cybercrime, including so-called deepfake software designed for fraud, and data-stealing malware are also widely sold, while unlicensed cryptocurrency exchanges offer money laundering services, according to the report. Southeast Asia has emerged as a major hub for a multibillion-dollar industry that targets victims across the world with fraudulent schemes. Many are Chinese syndicates that operate from fortified compounds staffed by trafficked workers. The industry generates between $27.4 billion to $36.5 billion annually, UNODC said.
“For consumers, this means their data is at a higher risk of being fed into scams or other criminal activity than ever before,“ he told Reuters.
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