Daily Cuts - S1E141: Top scams involving investment, romance, job and online delivery
The Singapore Police Force says the total number of scam and cybercrime cases rose by more than a quarter to around 33,600 in 2022 from the previous year.
In particular for investment scams, they are known as ‘pig butchering schemes.’ The scam involves entering into a romantic relationship with a victim, before asking them to put their money into a fake investment scheme.
To find out more, let’s hear from Sean Gallagher, principal threat researcher at Sophos, and Vitaly Kamluk, Head of APAC Research & Analysis Team at Kaspersky, a cybersecurity company.