Malaysia's Securities Commission Malaysia (SC) and Malaysian Communications and Multimedia Commission (MCMC) unite to combat rising online scams

Malaysia's Securities Commission Malaysia (SC) and Malaysian Communications and Multimedia Commission (MCMC) unite to combat rising online scams

By Securities Commission Malaysia

The two parties have agreed to enhance cooperation in fighting online scams, leveraging AI and strengthening enforcement capabilities. In 2024, the SC received 4,859 public complaints about scams, while online service providers took down 66,507 scam-related content.

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