GASA

GASA and Gogolook to present the first-ever Anti-Scam Asia Summit

Retrieved on: 
Tuesday, November 7, 2023

TAIPEI, Nov. 7, 2023 /PRNewswire/ -- TrustTech provider Gogolook, a founding member of the Global Anti-Scam Alliance (GASA), today announced that it will host the first-ever Anti-Scam Asia Summit (ASAS), a sister event to the Global Anti-Scam Summit (GASS), in partnership with GASA. Taking place in Taipei, Taiwan on November 20 and 21, the two-day hybrid event will feature esteemed speakers from GASA, Gogolook, law enforcement agencies, non-profit organizations, and anti-fraud experts from Taiwan, Thailand, Malaysia, Japan, Singapore, and the Philippines. With a focus on "Turning the Tide on Scam in Asia," the summit aims to unite regional stakeholders in the fight against digital scams, serving as an important platform for discussions among law enforcement agencies, brand protection agencies, financial authorities, and businesses to remain at the forefront of the battle against digital crime.

Key Points: 
  • The inaugural Anti-Scam Asia Summit unites leading executives from GASA, Gogolook, and local law enforcement agencies to combat digital scams across Asia
    TAIPEI, Nov. 7, 2023 /PRNewswire/ -- TrustTech provider Gogolook, a founding member of the Global Anti-Scam Alliance (GASA), today announced that it will host the first-ever Anti-Scam Asia Summit (ASAS), a sister event to the Global Anti-Scam Summit (GASS), in partnership with GASA.
  • "As the leading TrustTech provider in Asia and the founding member of GASA, Gogolook is honored to be able to partner with GASA to host the first-ever Anti-Scam Asia Summit (ASAS), which will bring together experts from across the region to share insights and best practices on how to combat these growing threats," said Jeff Kuo, CEO and co-founder of Gogolook.
  • As AI technology continues to advance, Gogolook and GASA are expecting the emergence of even more sophisticated scams, emphasizing the critical need for cross-region collaboration to combat this escalating issue.
  • To address the ever-evolving threat of digital scams, GASA and Gogolook are jointly presenting the first-ever Anti-Scam Asia Summit, focusing on scams that use AI and deepfake technologies.

Global Losses to Scammers Exceed $1 Trillion as 1-in-4 Lose Money to Fraudsters

Retrieved on: 
Tuesday, October 10, 2023

Phone calls (61%) and SMS messages (58%) are scammers' primary avenues, with shopping scams, identity theft, and investment fraud topping the list.

Key Points: 
  • Phone calls (61%) and SMS messages (58%) are scammers' primary avenues, with shopping scams, identity theft, and investment fraud topping the list.
  • Developing countries see these as the main enticement, but even in developed nations, many fail to spot the scams.
  • Financially, scams have siphoned off $1.026 trillion globally, equating to 1.05% of the global GDP.
  • The timely release of the report coincides with the imminent Global Anti-Scam Summit (GASS) on October 18-19, 2023.

Feedzai Launches ScamPrevent™, Advanced AI and Additional Capabilities to Detect and Stop Scams

Retrieved on: 
Wednesday, May 10, 2023

These new Feedzai ScamPrevent™ capabilities deliver industry-leading detection, classification, and interception of the widest variety of payment scams and financial fraud typologies.

Key Points: 
  • These new Feedzai ScamPrevent™ capabilities deliver industry-leading detection, classification, and interception of the widest variety of payment scams and financial fraud typologies.
  • The FTC recently reported that between 2021 and 2023, losses from scams increased by 30% in the US.
  • As scammers now have access to generative AI using large language models (LLMs) to fashion increasingly sophisticated and realistic scams, these losses can only be expected to increase.
  • Most financial institutions employ multiple legacy point solutions that use rules-based approaches to identify different types of fraud, but fail to specifically target scams.

ScamAdviser Coin 'Scams' the Internet for April Fools

Retrieved on: 
Friday, March 31, 2023

AMSTERDAM, Mar 31, 2023 - (ACN Newswire) - To prove how easy it is for anyone to launch a scam site, the Global Anti Scam Alliance and ScamAdviser launched 'ScamAdviser Coin' in the lead-up to April Fool's Day 2023.

Key Points: 
  • AMSTERDAM, Mar 31, 2023 - (ACN Newswire) - To prove how easy it is for anyone to launch a scam site, the Global Anti Scam Alliance and ScamAdviser launched 'ScamAdviser Coin' in the lead-up to April Fool's Day 2023.
  • Last year, nearly 300 million consumers lost more than $55 billion, according to the Global State of Scams 2022 report.
  • Within a matter of days, a website was set up that promised investors 100% returns in 14 days.
  • After three weeks and not using specific keywords like "coin", it's easy to promote any kind of investment scam.

Ayleen Charlotte (Tinder Swindler Victim) and AA419 Honored as Scam Fighters of the Year 2023

Retrieved on: 
Thursday, February 2, 2023

AMSTERDAM, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Ayleen Charlotte, scam victim of the Tinder Swindler , was honored as 'Scam Fighter Person of the Year' 2023.

Key Points: 
  • AMSTERDAM, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Ayleen Charlotte, scam victim of the Tinder Swindler , was honored as 'Scam Fighter Person of the Year' 2023.
  • AA419 , which has been fighting online scams since 2003, received the Scam Fighter Award for 'Best Scam Fighting Organization of the Year' 2023.
  • According to GASA, last year, more than $55 billion was lost by nearly 300 million consumers worldwide in online scams.
  • Ayleen was a romance scam victim of Shimon Hayut, who scammed millions of dollars out of women he met through dating apps.

GASA's Study Reveals $55.3 Billion Lost in Scams Worldwide

Retrieved on: 
Thursday, October 13, 2022

The money lost in scams grew by 15,7%, from $47.8 billion in 2020 to $55.3 billion in 2021.

Key Points: 
  • The money lost in scams grew by 15,7%, from $47.8 billion in 2020 to $55.3 billion in 2021.
  • View the full release here: https://www.businesswire.com/news/home/20221006005571/en/
    Figure 1: Money Lost and Number of Scams Reported Worldwide (Photo: Business Wire)
    GASA states that scams are no longer a Western disease.
  • Other developing countries like Brazil, Ghana, Nigeria, Kenya, and Saudi Arabia are reporting huge increases in online scams, primarily via mobile phones.
  • Canada reports $164 million loss in investment scams, and US citizens lost $575 million.

Study Reveals: 8.3% of All Websites Are Scams, How Big Internet Companies Are Supporting Scammers

Retrieved on: 
Thursday, September 29, 2022

Every website ever created has a domain name, and these domain names can only be acquired through domain registrars.

Key Points: 
  • Every website ever created has a domain name, and these domain names can only be acquired through domain registrars.
  • To enable businesses to make their websites accessible to the internet, an Internet Service Provider (ISP) is needed.
  • This year's largest "hosting" company is CloudFlare with over 2.9 million websites, but 7.7% of those have a low Trust Score.
  • This year's data shows a clear increase in untrustworthy websites, making everyone three times more likely to be scammed than last year.