Rising cyberscam losses expose gaps in EU response
Key takeaways
- Europeans are losing billions to online scams, yet the EU has been slower than the US, the UK and China in targeting the Southeast Asian networks behind many of them.
- A landmark study on cyberscams in Europe released this week has found that 75% of adults encountered a scam in the past year.
- While 71% of respondents said they were confident in recognizing scams, 8% of those exposed went on to interact with scammers.
Why this matters: an international story with cross-border implications worth tracking.
Europeans are losing billions to online scams, yet the EU has been slower than the US, the UK and China in targeting the Southeast Asian networks behind many of them.
https://p.dw.com/p/5F7z VEven after crackdowns in Myanmar and Cambodia, Southeast Asia's cyberscam criminal networks continue to target Europenas Image: The Myanmar Military True News Information Team/AP/dpa/picture alliance Advertisement. A landmark study on cyberscams in Europe released this week has found that 75% of adults encountered a scam in the past year.
While 71% of respondents said they were confident in recognizing scams, 8% of those exposed went on to interact with scammers. Some 16% of parents said their children had been approached by a scammer.