The 2024 Asia Scam Report surveyed nearly 25,000 participants across 13 Asia markets
Upcoming Global Anti-Scam Summit – Asia is taken place in Singapore Oct 21-22
SINGAPORE , Oct. 16, 2024 /PRNewswire/ -- As scams continue to escalate across Asia, the Global Anti-Scam Alliance (GASA) and ScamAdviser jointly announce the release of the Asia Scam Report before the Global Anti-Scam Summit – Asia in Singapore on October 21-22. This comprehensive report provides critical insights into the evolving landscape of digital scams across the region, offering actionable data for governments, businesses, and individuals.
"As scammers become more sophisticated, leveraging AI to scale their attacks, our defense strategies must advance rapidly." said Jorij Abraham, Managing Director of GASA. "The Asia Scam Report sheds light on the alarming rise of scams across the region. We are honored to collaborate with industry partners to strengthen our collective efforts in protecting citizens and businesses throughout Asia."
The 2024 Asia Scam Report, conducted by the Global Anti-Scam Alliance (GASA) and ScamAdviser surveyed nearly 25,000 participants across 13 areas including China, Hong Kong, India, Indonesia, Japan, Malaysian, Pakistan, Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam. The findings provide an in-depth look at scam threats, the methods employed by scammers, and the responses from citizens across the region.
The Asia Scam Report reveals key findings, including:
- Scam-related losses are estimated to reach US$688.42 billion across 13 Asian markets, underscoring the urgent need for stronger scam prevention strategies.
- The most prominent channels used for scams in Asia are, in order: Text/SMS, Phone calls, Chat Apps, Social Media, and Email.
- Nearly half of Asians believe online platforms should be held accountable for their losses, while Singaporeans tend to place the most blame on banks and payment providers.
- 1 in 4 scams are completed in just minutes, and only 8% of scam cases span over a year, reflecting the efficiency and speed of these operations.
- Identity theft is the most common scam in China, Japan, Singapore, Taiwan, Thailand, and Vietnam. In Malaysia, Indonesia, and Pakistan, investment scams dominate, while shopping scams are most prevalent in India and the Philippines.
- In most markets, expectation is that online platforms and website providers should be responsible for refund the loss of scams.
Join the Global Anti-Scam Asia Summit – Asia
The findings of the Asia Scam Report will be further discussed at the upcoming Global Anti-Scam Summit ï¼Asia, where experts from across the globe will share their insights on combating the growing scam. Besides ScamAdviser, attendees will have the opportunity to engage with thought leaders, including representatives from Amazon, Mastercard, Gogolook, Google, and Meta, as well as officials from law enforcement, financial authorities, and non-profit organizations.
For more information on Global Anti-Scam Summit – Asia, please visit the official website: https://www.gasa.org/gass-2024-asia
To download the 2024 Asia Scam Report, please visit: https://www.gasa.org/research
About GASA
The Global Anti Scam Alliance's (GASA) mission is to protect consumers worldwide from scams by raising awareness, enabling hands-on tools, facilitating knowledge sharing, organizing research, and offering training and education.
For more information, please refer to: https://www.gasa.org/
About ScamAdviser
ScamAdviser, a leading brand in global enterprise scam prevention solutions, based in Amsterdam, Netherlands. Leveraging AI and a comprehensive database network, ScamAdviser has developed its own website risk rating technology. Its Anti-Scam Intelligence is built on the world's most comprehensive digital anti-scam database.
ScamAdviser excels in implementing customized anti-scam technologies into corporate operations, helping clients protect consumers and stay ahead of global compliance trends. As a founding member of the Global Anti-Scam Alliance, ScamAdviser's partners and clients span Europe, the Americas, and Asia, covering both public and private sectors. With the world's largest scam database, we share insights with 400+ partners, collectively protecting more than 1 billion consumers worldwide.
For more information, please refer to: https://www.scamadviser.com
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
GASA and ScamAdviser Reveal Potential $688 billion loss to scams in Asia
XUZHOU, China, Dec. 16, 2025 /PRNewswire/ -- XCMG Machinery (SHE: 000425) has been officially recognized as one of China's inaugural Pioneer-Level Smart Factories, the highest national echelon in intelligent manufacturing, at the 2025 World Intelligent Manufacturing Conference (WIMC). This prestigious designation, awarded to only 15 enterprises nationwide by China's Ministry of Industry and Information Technology and five other government authorities, signifying XCMG's smart manufacturing capabilities represent the pinnacle standard in China's manufacturing sector.
The award is the result of China's "Smart Factory Gradient Cultivation Initiative," a national campaign launched in 2024 to systematically guide manufacturers through four tiers of development: Basic, Advanced, Excellence, and Pioneer levels. As the apex tier, Pioneer-Level Smart Factory represents the ultimate benchmark for digital transformation, networked collaboration, and intelligent innovation. XCMG's "Global Customized Agile Delivery Intelligent Factory for Mobile Cranes" project underwent rigorous evaluation to secure its place on the list.
"This recognition as a Pioneer-Level Smart Factory is a monumental endorsement of our strategic direction and persistent innovation in intelligent manufacturing," said Yang Dongsheng, Chairman of XCMG Group and XCMG Machinery. "It validates our systematic approach to solving the core challenges of global, customized manufacturing."
At the conference, XCMG joined other designated pioneers to jointly launch the "Pioneer Action Plan Joint Initiative." "We are committing to an open model of collaboration," Yang stated. "XCMG will proactively share and replicate its 'Seven-Star Pioneer' model across our 35 global bases and with over 120 supply chain partners. This is our practical commitment to helping build the Xuzhou construction machinery cluster into a world-class hub and drive high-quality advancement for the entire manufacturing sector."
The "Seven-Star Pioneer" Model: A Blueprint for Agile Global Customization
This national recognition is built upon XCMG's strategic response to a core industry challenge: how to achieve agile, large-scale customization in highly discrete manufacturing. The company's answer is the proprietary "Seven-Star Pioneer" model, a comprehensive operational blueprint that drives deep innovation across four core business domains: generative R&D, agile delivery, intelligent operations, and digital twin factory management. This framework systematically enhances three critical capabilities: AI-driven business empowerment, independent and controllable technology, and model replication and promotion. Centered on the customer, the model establishes an end-to-end loop from initial order to jobsite delivery, achieving a 55% reduction in order-to-delivery cycle time while providing complete global visibility and traceability across operations, resources, and logistics.
Powered by the "Five-Thousand" Strategy for In-Depth AI-Construction Machinery Integration
The seamless operation of the "Seven-Star Pioneer" model is enabled by its technological engine: the "Five-Thousand" strategy. This foundational strategy—encompassing computing power (Petaflops), data, models, scenarios, and talent—is focused on building autonomous industrial intelligence agents for R&D, and production control. Its objective is to evolve manufacturing sites from automated facilities into a self-perceiving, self-decision-making, and self-executing intelligent ecosystem, thereby shifting capabilities from isolated digital tools to holistic, synergistic intelligence.
Realized in the Award-Winning "Customized Agile Delivery" Intelligent Factory
The fusion of the strategic model and AI core is physically realized and validated in XCMG's "Customized Agile Delivery Intelligent Factory for Construction Machinery." Integrating plant-wide 5G, real-time digital twins, and global collaboration platforms, it masters a flexible, "high-mix, low-volume, high-customization" production paradigm. This enables a dual transformation: propelling the production model from "mass production" to "precision customization" and evolving the business model from "selling products" to providing "integrated service and solution packages."
This factory's proven performance is a cornerstone of XCMG's sustained global leadership and was honored as one of the "2025 World 10 Scientific and Technological Developments in Intelligent Manufacturing."
For more information, please visit https://www.xcmgglobal.com/.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
XCMG Designated as National Pioneer-Level Smart Factory, Unveils Industry Blueprint at 2025 World Intelligent Manufacturing Conference
