Southeast Asian Cybercrime Profits Fuel Shadow Economy
October 14, 2024 at 09:05PM Southeast Asia faces a growing shadow economy driven by cyber-enabled fraud and organized crime, generating $27-$37 billion annually. Criminal syndicates exploit lax laws and geopolitical tensions, advancing money laundering and human trafficking. Despite law enforcement efforts, innovation in cybercrime outpaces government response, posing significant economic and human rights challenges. ### … Read more