2023 Digital Banking Fraud Trends in APAC
Hear from Gareth Campbell, the Head of BioCatch’s Threat Analytics team on 2023 Digital Banking Fraud Trends in APAC. In this 30 min session, we dive into the current online fraud landscape and trends in countries in the Asia Pacific region, with a case study and analysis of investment scams and call center gangs.
Topics covered in the webinar included how:
- Voice scams have seen a 200% increase from 2022 to 2023
- 51% of victims experience a high-risk session involving remote access prior to falling victim to the scam
- Organized crime is pivoting from sex trafficking to call centers as profitability follows the rise in scams
- Fraud tactics using remote access tools are evolving to more human-center coercion to bypass advanced cyber solutions