South China Morning Post CENTER (0.0) Reliability: 7.5/10

Asian banks adopt AI in cyberfraud ‘pure arms race’, but criminals are faster

✍️ Iman Muttaqin Yusof 📅 November 06, 2025 03:17 PM 🕐 Scraped: November 06, 2025

Summary: Cybercrime in Asia is evolving ‘at an unprecedented rate’, accounting for US$37 billion in losses last year, Malaysian banking body warns.

Banks across Asia are pouring billions into artificial intelligence systems to detect fraud, but regulators and analysts say the region is still losing ground to nimble and adaptable scam syndicates using the same technology to f

📰

Continue Reading on South China Morning Post

This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.

Read Full Article →

How do you feel about this article?

Read Original Article →

📝 Article Information

Author

Iman Muttaqin Yusof

Original Publisher

🌍 South China Morning Post

CENTER Bias (0.0)

Published Date

November 06, 2025 at 03:17 PM

ℹ️

Disclaimer

ArkforgeAI.com - Newsource is a news aggregation platform. We do not create, write, or produce original news content. All articles are sourced from their respective publishers and remain the property of their original creators. We analyze and aggregate news from multiple sources to provide diverse perspectives across the political spectrum.

The content displayed here is for informational purposes only. For the complete and original article, please visit the source's website using the "Read Original Article" link above.

Desktop Only