Most Malaysians do not know how to protect themselves on the Internet and fail to take necessary precaution to safeguard their personal information when banking and shopping online, according to an expert.
Criminologist and president of Malaysian Association of Certified Fraud Examiners Datuk Akhbar Satar said although citizens enjoyed the convenience of online banking and e-commerce, many failed to take measures to keep their confidential data secure.
Satar said most scam emails and bogus banking websites were professionally designed and difficult to spot, making it “best to avoid clicking on any links provided in the emails,“ he told The Star/Asia News.
He also attributed the increase online banking fraud in the country to the lack of enforcement by authorities, adding that cyber crooks target online banking because it is an easy way to steal money.
Unlike in the real world, he said, cyber criminals did not have to deal with competition from groups or individuals.
“Complex criminal activity, such as robbing a bank requires organizing several people and to a certain extent equipping and training them,“ he told The Star/Asia News.