Personal Data Leaks and Scams on the Rise in Malaysia
Malaysia Tops List of Countries for Personal Data Leaks
Malaysia has topped a list of Asian countries for personal data leaks, according to digital risk management company Gogolook. The Whoscall Annual Report 2024 analyzed scam data collected between January and December 2024 from Malaysia, Taiwan, Thailand, Brazil, Japan, South Korea, Hong Kong, and the Philippines.
Scam Calls and Data Leaks on the Rise
According to the report, Malaysia recorded the highest rate of personal data leaks among key Asian markets and also saw scam calls surge by 82.81% last year. SMS scams also increased by 19.97%, showing that scammers are relying more on calls while still using text messages to deceive victims.
Most Common Types of Fraud
Gogolook’s report found that banking fraud, gambling scams, and phishing were the most common types of fraud reported in 2024. The top reported scam and spam calls involved banking or debt collection (25.15%), followed by scammers impersonating authorities or businesses (22.40%). Gambling-related scams made up 45.16% of SMS scams, followed by financial scams (21.47%), including fake investment opportunities and fraudulent money-lending services.
Whoscall App and Partnership with Police
The Whoscall app, developed by Gogolook, prevents scam calls using their growing database that identifies harmful phone numbers. The company is working with the police to combat scams, with Bukit Aman commercial crime investigation department director Ramli Yoosuf stating that financial losses resulting from scams in Malaysia surged to RM1.57 billion in 2024, up from RM1.22 billion in 2023.
Conclusion
The Whoscall Annual Report 2024 highlights the growing concern of personal data leaks and scams in Malaysia. With the rise of scam calls and data leaks, it is essential for individuals to be vigilant and take steps to protect their personal information. The partnership between Gogolook and the police is a positive step in combating scams, and it is crucial for the public to stay informed and take action to prevent falling victim to these schemes.
Frequently Asked Questions
Q: What is the Whoscall app?
A: The Whoscall app is a digital risk management tool that prevents scam calls using a growing database that identifies harmful phone numbers.
Q: What are the most common types of fraud reported in 2024?
A: The most common types of fraud reported in 2024 are banking fraud, gambling scams, and phishing.
Q: What is the partnership between Gogolook and the police?
A: Gogolook is working with the police to combat scams, sharing PDRM-verified scam numbers with the Whoscall app to help prevent fraud.
Q: What can individuals do to protect their personal information?
A: Individuals can take steps to protect their personal information by being vigilant, using secure passwords, and being cautious when receiving suspicious calls or messages.