The Aporia
In July 2025, a United Nations report revealed that criminal enterprises stole up to US$114 billion from victims in the Asia-Pacific region, marking more than triple the amount stolen two years prior. Experts warn that as scam organizations adopt agentic AI technology, financial crime could escalate dramatically due to increased automation and scalability of fraudulent operations. To combat this growing threat, Southeast Asian countries are being urged by experts to establish mechanisms for safely sharing data across borders, enabling them to preemptively identify and disrupt AI-powered scams before they cause widespread damage.
regional countries face unwieldy rules on cross-border data exchange, experts warn
regulators and institutions in the region need to prepare for a worst-case scenario and establish effective mechanisms to safely share data across borders