My Take | Can Southeast Asia contain growing threat of cyber scams?

An unprecedented level of coordination is required to tackle such crimes as Southeast Asian economies become more digitalised

As Southeast Asian leaders focus on navigating trade tariffs and the US-China rivalry, a growing threat to the region’s economic resilience is being largely overlooked: the rise of billion-dollar cyber scam centres operating with impunity.

These operations not only endanger financial stability and investor confidence, but are also eroding national sovereignty – all while exploiting the region’s young, tech-savvy populations who are increasingly dependent on digital services.

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