News & Reviews:   scam

Banks in Australia will be forced to pay compensation to their customers who lost money due to fraud under new laws proposed by the country's government. According to Bernama via Malaysiakini, this law has been legalised. So, what should you know about it?

Deputy Minister in the Prime Minister’s Department (Legal and Institution Reform) M. Kulasegaran in Parliament today revealed that a total of 14,490 online fraud cases were recorded from January to 15 June 2024. The cases amounted to losses exceeding RM581 million.

Those who live in the city have probably seen QR codes for payments everywhere. It's a handy way for Malaysians to make payments via e-wallet or banking apps, so we use it for faster payments. But criminals are also taking advantage of this.

Yesterday, we reported how Meta and TikTok have pledged their commitments to monitor fake news and 3R (race, religion, royalty) issues on their platforms following a meeting with MCMC and the Communications Ministry. Today, MCMC and PDRM released a joint statement following up on the matter, urging the 2 companies to step up monitoring of harmful content.

Deputy Communications Minister Teo Nie Ching today revealed that a whopping RM1.34 billion of losses due to online scams were recorded in our country last year. This is according to the National Scam Response Centre’s (NSRC) data from 1 January to 8 December 2023.

Scam and fraud cases are rising these days. Recently, a woman in Pahang lost over RM70000 because of a scam. So, what should you know about it?

One of the major news that came out this year was back in October when MYAirline suspended its operation due to financial issues. Ever since then, the company has yet to fully settle refunds to affected customers, though a new issue has also arisen: Scammers pretending to offer compensation from the suspended airline.

The Royal Malaysia Police (PDRM) and Whoscall are collaborating to bolster Malaysia's defenses against scams. At the 'Scam Free Malaysia Carnival', they recently announced the giveaway of 1 million Whoscall Premium accounts, worth over RM87 million for free, to help protect Malaysians. 

Personal and private phone data theft has been on the rise lately. This is dangerous because it not only makes you more prone to fraud and scams, but it could also lead to financial loss. That said, these are the 10 Android apps that could steal your private data.

Previously, we reported on the number of scam-related media blocked by the Malaysian Communications and Multimedia Commission (MCMC) this year. Now, further details regarding the scourge of scams in Malaysia have been revealed and the action taken against them, this time regarding scam calls.