There are 25 news based on search keyword " scam "

Malaysia Faces Sharp Rise In AI-Driven Cyber Threats, Fortinet Warns

KUALA LUMPUR, May 29 (Bernama) --  Malaysia is facing a sharp rise in artificial intelligence (AI)-driven cyber threats, with nearly 50 per cent of organisations reporting incidents involving AI-powered attacks, according to a survey commissioned by global cybersecurity firm Fortinet.

Jumio: 69 Pct Consumers Say AI Fraud Tops Identity Theft Risk

KUALA LUMPUR, May 23 (Bernama) -- Jumio, a leader in artificial intelligence (AI)-powered identity intelligence, reveals that 69 per cent of consumers now view AI-powered fraud as a greater threat to their personal security than traditional identity theft.

National Scam Response Efforts Show Promising Start In Malaysia

By Siti Baaqiah Mamat

KUALA LUMPUR, April 8 (Bernama) -- Establishing the National Scam Response Centre (NSRC) and the National Fraud Portal has yielded early signs of success in combating the rising number of scams and fraud cases reported in recent years, said Bank Negara Malaysia (BNM).

Banking Industry Prevents Over RM399 Mln In Attempted Fraudulent Transactions In 2024 -- BNM

KUALA LUMPUR, March 24 (Bernama) -- Enhanced security controls enabled the banking industry to avert over RM399 million in attempted fraudulent transactions in 2024, Bank Negara Malaysia (BNM) said.

SC And MCMC To Combat Online Scams Via Enhanced Regulatory Oversight

KUALA LUMPUR, March 1 (Bernama) -- The Securities Commission Malaysia (SC) and Malaysian Communications and Multimedia Commission (MCMC) have agreed to step up cooperation to combat the growing threat of online scams.

MYEG Partners With MYIDSSB To Combat Online Fraud With Blockchain

KUALA LUMPUR, Jan 24 (Bernama) -- MY E.G. Services Bhd (MYEG) has announced a strategic collaboration with MyDigital ID Solutions Sdn Bhd (MYIDSSB) to establish a blockchain-powered national digital identity ecosystem, the MyDigital ID Superapp, aimed at combating online fraud.

Truecaller To Deliver Real-time Caller ID, Spam Blocking On iPhone

KUALA LUMPUR, Jan 22 (Bernama) -- Truecaller, the global communications platform, has announced the biggest update for iPhone, now offering the entire spam and scam blocking capabilities to users.

Labuan Financial Services Authority Upholds Sector's Integrity With Zero Tolerance Policy

LABUAN, Jan 17 (Bernama) – The Labuan Financial Services Authority (Labuan FSA) has reaffirmed its commitment to upholding the integrity of the Labuan’s financial sector, emphasising a strict zero-tolerance policy toward any legal breaches.

Online Scams Can Derail Malaysia’s Reputation As Safe Business Jurisdiction

By Mikhail Raj Abdullah and Durratul Ain Ahmad Fuad

KUALA LUMPUR, Jan 7 (Bernama) -- It is indeed alarming that Malaysians lose RM54 billion to scams in a year, which is about three per cent of the country's Gross Domestic Product.

Online Scams Hurt Investor Confidence, Seen As “Lucrative” By Syndicates

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 23 (Bernama) -- The government must intensify efforts to curb online financial scams, which, if left unchecked, will affect trade, tourism, as well as investor confidence and derail Malaysia’s zeal to emerge as a foremost investment destination.

Kaspersky Warns Telegram Users About Fake Telegram Premium Offers

KUALA LUMPUR, Dec 6 (Bernama) -- Kaspersky has warned that fake Telegram Premium offers have been spreading globally, aiming to steal account credentials or compromise devices.

Locals, Traders In Yan Encouraged To Use e-Duit For Simpler Financial Transactions

YAN, Nov 16 (Bernama) -- Residents and traders in the Yan district are encouraged to buy and sell using electronic or cashless payment methods, known as e-Duit, to facilitate daily financial transactions and make life easier and more convenient.