E-commerce fraud emerges top contributor to Malaysia’s online crimes in 2023: report

by

Azunta Gaviola

-

3 weeks ago

Get ready to explore the future of marketing and elevate your business! The ‘What’s NEXT in Marketing 2024-2025’ series is heading to Indonesia, Malaysia, the Philippines, Singapore, and Hong Kong. Don’t miss out!

Malaysia – A recent report from the Department of Statistics in Malaysia revealed that online crime cases in the country rose to 35.5% year-on-year, with 34,532 cases reported in 2023, up from 25,479 the previous year. 

According to the data, online crime was classified into six categories, including telecommunication crime, e-finance, love scams, e-commerce, non-existent loans, and non-existent investments.

All types of offences reported an increase in 2023, noting e-commerce as the highest contributor, which accounted for 33.2% of these incidents. This was followed by telecommunications crime making up 30%, non-existent investments at 15.6%, non-existent loans at 12.3%, e-finance at 6.1%, and love scams at 2.7%.

Love scam crimes also predominantly involved female victims, who made up 78.2% while male victims were 21.8%. The age group most affected was 41 to 50 years old, reporting 24.3% of these incidents. Interestingly, senior citizens aged 61 years and above experienced a significant portion of these cases at 15.8%.

In addition, Malaysia saw a 32.1% increase in reported commercial crime cases in 2023, totalling 40,350, compared to 30,536 in 2022. All types of offences further showed an increase except for other cases, which declined by 7.9%.

Meanwhile, fraud offences were the most reported crime in 2023, with 36,936 cases, followed by 1,217 cases of criminal breach of trust and 994 offences under the Money Lenders Act 1951. 

The crime index, including both assault and property crimes, also increased by 3.2% to 52,444 cases compared to 50,813 in 2022. Assaults, on the other hand, rose by 1.0% to 10,453, while property crimes climbed 3.8% to 41,991 cases, respectively, in 2023.

 

Happening in Singapore on 19-20 February 2025, the ‘What’s NEXT in Marketing: Singapore 2025’ event presents an exceptional opportunity for marketers and industry leaders to talk about the future of marketing and drive success in the Singaporean market! Register now to secure your slot!
Discover the latest trends in business communication from over 473 billion interactions in Infobip‘s ‘Conversational experience trends 2024‘ report. Mobile messaging, chat apps, and social media lead in customer engagement. Download here for FREE!

 

Share

RECENT ARTICLES

PayPay, Alipay+ expanded partnership to streamline e-wallet payment options, expand merchant coverage network
Thunes, GCash new partnership to allow cost-effective top-up solution for overseas Filipinos
Vietnam implements stricter regulations on cross-border e-commerce platforms with new AI monitoring tool 
Channelling a new era of trust: Huawei on leveraging smart tech strategies for secure, transparent e-commerce future
ViewQwest, Lightspeed Technologies partnership to bolster email security solutions with recent launch
Ellipse 3

RELATED ARTICLES

2
Deepfake-powered fraud spurs Singaporean clients to urge stronger cybersecurity defence report_11zon
Report MY_UpTech_11zon
Ellipse 3

FEATURED ARTICLES

Haris Izmee assumes leadership at Equinix as managing director for Indonesia (1)_11zon
Defence at the digital frontier Mimecast’s Stanley Hsu on building resilience against fraud, cyber risks in Singapore’s e-commerce scene
Tech in Focus How SUSE accelerates innovation, strengthens security across enterprise-grade products through open-source solutions_11zon (1)

Subscribe to UpTech Media Newsletter

Video Title Here: The Indonesian on-ground activation status

Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos.

Video Title Here: The Indonesian on-ground activation status

Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos.

Video Title Here: The Indonesian on-ground activation status

Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos.