KKD: Almost RM600 million lost to scams and cyber crimes last year in Malaysia

feat image kkd scam losses.jpg

The Ministry of Communications and Digital (KKD) has revealed that almost RM600 million in losses were recorded in 2022 due to scams and other cyber crimes in Malaysia. Hence, the ministry will focus on educating the public to be more digitally literate and not become victims. 

As reported by Bernama, KKD Deputy Minister Teo Nie Ching stressed that the problem of cyber crimes in Malaysia is quite serious. She further asserted that the ministry is implementing several initiatives to circumvent the issue, including working with social media platforms such as TikTok to raise awareness.

In February and March this year, KKD will work together with social media platforms to promote a programme called “Stop For Three Seconds”. Teo said that the “Three seconds” here is to help the community to think first whether any information received is authentic or not.

Moreover, social media platforms will also help promote the National Scam Response Centre’s (NSRC) 997 hotline. A government initiative to help victims of cyber crimes to prevent losses, the 997 hotline operates 12 hours daily and is a one-stop centre comprising representatives from Bank Negara Malaysia (BNM), private banks, Malaysian Communications and Multimedia Commission (MCMC) and the Royal Malaysia Police (PDRM). 

So, what do you guys think of the initiatives by KKD to combat scams and other cyber crimes? Share your thoughts with us in the comments below and stay tuned to TechNave for more trending tech news.