Asian Spectator

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Fraud Surges in APAC's Fastest-Growing Industries--Sumsub Report Highlights a 723% Spike in Healthtech, 116% in Fintech

  • Written by PR Newswire Asia - Asian Spectator
Fraud Surges in APAC's Fastest-Growing Industries--Sumsub Report Highlights a 723% Spike in Healthtech, 116% in Fintech
  • Fraudsters increasingly weaponize AI-powered deepfakes and synthetic identity documents to exploit the expanding digital ecosystems in APAC
  • Deepfake scams remain a persistent threat, Singapore sees a 1,500% surge; Hong Kong SAR jumps 1,900%
  • Synthetic identity document fraud grows 233% in APAC, outpacing the global increase of 195%

SINGAPORE, June 12,...

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