Step into the 2nd Annual Anti-Fraud Leaders Summit, where the forefront of Southeast Asian countries intersects with the evolving digital landscape. As digital innovation reshapes the business paradigm, the urgency to combat online cyberattacks is underscored by the region’s staggering revenue of billions of US dollars generated by the fraud/scam industry. Authorities in the region are intensifying efforts to curb scams, with average ASEAN countries alone experiencing losses of at least S$633.3 million in 2021.

The summit will delve into the core principles of digital resilience, emphasizing swift adaptation, seamless business continuity, and emerging opportunities. With the Asia-Pacific region becoming the new ‘ground zero’ for cybercrime, scammers have become more sophisticated, leveraging advanced technology and the rise in e-commerce to access sensitive data.

ASEAN countries, in particular, have seen a surge in digital fraud attacks, with 32 million attacks in 2023, driven by a post-pandemic increase in digital transactions. The overall attack rate in this region was higher than the other regions average, with fraudsters capitalizing on the city-state’s status as a financial hub and its open economy. Average Bot attacks in ASEAN countries jumped 146 per cent year-on-year, more than five times the global average, highlighting the pressing need for enhanced cybersecurity measures.

The summit will provide a comprehensive platform for professionals to explore strategies and technologies to combat fraud, reduce risks, and ensure compliance in an environment influenced by ground-breaking technologies like AI, quantum computing, and Web 3.0. It will focus on building and sustaining digital resilience, navigating business transformation, and safeguarding organizations against the escalating challenges posed by cyber threats.

Join us at the 2nd Annual Anti-Fraud Leaders Summit to gain invaluable insights and connections, empowering you to navigate the complexities of digital resilience, security, growth, business transformation, and effective fraud prevention, risk mitigation, and compliance strategies. Don’t miss this opportunity to stay ahead of the curve and arm yourself with the knowledge and tools needed to protect your organization in the digital battlefield.