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Thailand ranked in top three for financial fraud scams, says Google
Picture courtesy of Economic Development Collaborative Google’s 2023 Bad Apps Report ranked Thailand among the top three countries in the Asia-Pacific region with a significant spike in financial fraud scams last year.
Aman Dayal, Asia-Pacific head of trust & safety operations for Google Play, stated during an online media briefing that Singapore, Thailand, and India were particularly affected.
With over 90% of smartphone penetration rates, the Asia-Pacific region is a fertile ground for fraudulent activities. Scammers often exploit the region’s high respect for authority, impersonating government or banking officials to trick their victims.
The digital literacy gap in many parts of the region also contributes to the prevalence of online scams, with older mobile users being especially vulnerable to deceptive messages and risky applications.
A recent survey by Google…
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