FudSniper has identified a new FUD narrative in the market: Malaysia scam losses rise to RM2.7bil in 2025, spike during festive seasons. Here is our analysis of whether this is genuine concern or manufactured fear.
What You Need to Know
Here are the key details from this alert:
- KUALA LUMPUR: Malaysia’s scam-related losses reached approximately RM2
- 7 billion in 2025, representing a 76 per cent increase from 2024, with a noticeable spike during festive seasons such as Hari Raya, according to cybersecurity firm Fortinet Malaysia
- Its country manager, Kevin Wong, said phishing campaigns, fake e-commerce platforms, and fraudulent payment links largely drive these incidents
- He said that with the growing adoption of digital payments, including e-duit raya, attackers are also exploiting QR codes and payment channels to redirect transactions
- “Festive periods are not just high-risk for consumers; they also expand the threat landscape for businesses and critical infrastructure
- “Higher transaction volumes and increased digital activity create a larger attack surface
- Source: Malaysia scam losses rise to RM2.7bil in 2025, spike during festive seasons
Is This FUD or a Real Risk?
Our analysis checks: verified sources, on-chain data, regulatory filings, and market timing. Manufactured FUD often appears in coordinated waves with no primary source.
How to Respond to Crypto FUD
Don’t react immediately to unverified news. Verify with primary sources, check on-chain data, and consult multiple independent analyses before making any trading decision.
Frequently Asked Questions
Is this news verified?
This report is based on information from external sources identified through our news monitoring system. We recommend verifying directly with primary sources and official regulators before making any financial decisions.
Where can I report financial fraud?
Report to your national financial regulator: FCA (UK), ASIC (Australia), SEC/CFTC (USA), MAS (Singapore), OJK (Indonesia). Also report at Action Fraud (UK) or ScamWatch (Australia).
Published by Fudsniper on March 24, 2026. Source: Malaysia scam losses rise to RM2.7bil in 2025, spike during