Security · 1h ago
SE Asian Cybercrime Syndicates Go Global, Cost $88B
Southeast Asian cybercriminal syndicates have evolved from selling goods to offering services, expanding their reach globally. They continue to traffic people from at least 80 countries, costing regional nations an estimated $88 billion in 2025 alone. The groups' shift to a service-based model marks a significant escalation in their threat level.
Meridian48 take
The $88 billion figure likely understates the true global cost, as these syndicates increasingly target businesses and individuals outside the region.
cybercrimesoutheast-asia