Cybercrime Gangs Extorted Over $88 Billion In Scams From Asia-Pacific: Report

Cybercrime gangs extorted over $88 billion from scams in Asia-Pacific, according to a report.

Southeast Asia is a hub for cyberfraud by mostly Chinese-origin syndicates.

Criminals are outpacing crackdowns by diversifying revenue and exploiting corruption.

These syndicates are harnessing artificial intelligence for their operations.