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threat intel
SE Asian Cybercriminal Syndicates Become a Global Power
Southeast Asian cybercriminal syndicates have expanded their operations from trafficking physical goods to offering criminal services at scale. These networks recruit victims from at least 80 countries and inflict an estimated $88 billion in annual losses across the region.
Why it matters: Organizations globally face increased threat from well-resourced, diversified criminal syndicates operating from Southeast Asia; security teams should assume wider targeting and more sophisticated service-based attacks.
- Source published
- First seen by Cybersecurity Tracker