Kuala Lumpur, 15 June 2026 – Malaysia’s online fraud losses have reached RM2.97 billion, raising fresh concerns over the security of the country’s fast-growing digital economy as scam syndicates become more sophisticated, aggressive and difficult to detect.
Latest police figures showed online fraud cases surged 87% to 66,204 cases from 35,368 previously, while financial losses reached RM2.97 billion, an increase of RM1.40 billion from the previous year. The scale of losses signals that cybercrime is no longer a peripheral enforcement issue, but a national economic and consumer-protection challenge.
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