Online fraud a big issue for many countries, says Malaysian deputy minister in round-table meeting in Singapore

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Online fraud a big issue for many countries, says Malaysian deputy minister in round-table meeting in Singapore
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Online fraud is a big issue not only for Malaysia but for many countries, said Teo Nie Ching.

According to Teo, this was from the findings of the G2G Ministerial Roundtable: Scams And AI Governance which she attended on the sidelines of the four-day Asia Tech x Singapore event that ended on June 9, 2023.

"If we only want to overcome online fraud, it is not practical because behind the fraud is a very sophisticated trans boundaries syndicate. "There are OTTs that do not intend to have a dialogue. There are OTTs who are present in the meeting but what they do still does not meet the standard or requirement that we want to impose on them.

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