Description: In the last couple of years, the number of cases of people being scammed online has risen gradually, and as the number of people become increasingly connected to the online world, so are the number of scammers. Scam cases, from online dating scams, winning lottery scams, free credit card scams, and of course the Nigerian prince who wants to send millions of dollars to your bank account scams are some of those that have been hitting innocent victims the most. Although many such reported cases are published online and on paper, many are still falling victims to such malicious incidents. Recent news by Channel News Asia reported that Singaporeans have been the main target of online scams and GET REAL even published a documentary about the victims of cyber/online scams.
This presentation aims to share and discuss on the growing threat industrial complex driven by cyber crime and specifically cyber scams. We will share our analysis on the countries (Nigeria, China, Philippines, India) involved, how advanced social engineering has helped evolve the techniques and modus operandi used by cyber scammers, the impact it has made in Singapore and why Singapore has been a huge target in South East Asia.
Fadli B. Sidek is currently a cyber threat intel analyst for Control Risks. He has been in the IT and security industry for almost 10 years and is still loving it. In the past, he was a security consultant doing VAPT for companies in the AMEA region. He has spoken in several security conferences such as BSidesLV, DefCamp, Null Singapore, BSidesVienna and Hackers Conferences in India. He loves reading about security and most importantly traveling the world to attend conferences and share his knowledge and learn from others. Not a guru nor an expert, simply a security over-enthusiast.