Gogolook Joins Forces in Cross-Border Anti-Scam Efforts at the GASA Global Anti-Scam Summit – Asia
2024.10.22
Gogolook Joins Forces in Cross-Border Anti-Scam Efforts at the GASA Global Anti-Scam Summit – Asia
Gogolook, a leading TrustTech company, participated in the Anti-Scam Summit – Asia held in Singapore, hosted by the Global Anti-Scam Alliance (GASA). Sharing the stage with global tech giants such as Amazon, Google, Mastercard, and Meta, Gogolook discussed the impact of emerging scam tactics on industries in Asia and the necessary countermeasures. The summit, backed by Singapore’s Ministry of Home Affairs, Ministry of Digital Development and Information, and Singapore Police Force, aimed to develop collective strategies against the region’s growing scam threat. During the event, GASA officially released its second Asia Scam Report, revealing scam trends across 13 regions in Asia and offering key insights for strengthening anti-scam efforts.
Group photo of distinguished guests, including Gogolook Co-Founder and CEO Jeff Kuo (third from left), Minister of State, Ministry of Home Affairs & Ministry of Social and Family Development Sun Xueling (fourth from left), Senior Minister of State, Ministry of Digital Development & Information and Ministry of National Development Tan Kiat How (sixth from left), and GASA Managing Director Jorij Abraham (eighth from left).
(Photo credit: Office of Minister of State Sun Xueling, Ministry of Home Affairs & Ministry of Social and Family Development, Singapore)
GASA Global Anti-Scam Summit – Asia Laid the Foundation for Industry Collaboration and Development
The first Global Anti-Scam Summit – Asia, held last year in Taiwan, was a resounding success and this year’s edition, moved to Singapore with government support, was equally impactful. The event attracted representatives from major international companies such as Amazon, Mastercard, Meta, Gogolook and Google, along with over 900 participants from government agencies, businesses, academics, and non-profit organizations across Asia. This year’s summit highlighted key issues such as the rise of AI-driven deep fake scams, government anti-scam policies and legislation, and the advancement of digital trust frameworks. Industry leaders from the telecom, cybersecurity, and financial sectors also discussed cross-sector collaborations and intelligence-sharing frameworks to address scam governance.
Jorij Abraham, Managing Director of GASA, stated, “As AI technologies evolve, scam methods are becoming increasingly sophisticated, posing serious threats to the people of Asia. This is why GASA has published the Asia Scam Report for two consecutive years and continues to host the Global Anti-Scam Summit Asia. These efforts aim to dissect scam methods and foster international cooperation and innovation in AI-driven anti-scam technologies. Through this summit, we hope to form substantial partnerships with companies worldwide, investing in scam prevention education, technological development, and accelerating legislative regulation to safeguard consumers.
Gogolook’s Anti-Scam Achievements Earn Global Recognition, Enhancing International Presence
During the second Global Anti-Scam Summit – Asia, Gogolook shared the stage with Mastercard to present the key data and latest trends from the Asia Scam Report. Gogolook also led a panel discussion focusing on combating telecom scams, where representatives from Taiwan’s FarEasTone, Malaysia’s CelcomDigi, and the Philippines’ DITO discussed how the telecom industry can address the growing threat of scams through ecosystem collaboration and innovative technologies.
Furthermore, Jeff Kuo, Co-founder and CEO of Gogolook, was invited by Singapore’s Ministry of Communications and Information to participate in a panel on anti-scam policies. During the panel, Jeff shared Gogolook’s experience in cross-border public-private collaborations to combat scams, as well as efforts to raise scam awareness among vulnerable groups. He highlighted the company’s journey from a three-person startup to its current scale of 230 employees, underscoring the increasing global demand for scam prevention solutions. The panel featured leaders from industries such as technology and finance, including Google, Meta, and Singapore’s OCBC Bank, all exchanging cross-sector perspectives.
Jeff Kuo remarked, “As we enter the second year of this summit, we’ve seen a strong commitment from governments like Singapore in tackling scam issues, as well as participation from major international players like Amazon, Mastercard, Meta, and Google. This highlights the importance of cross-industry collaboration. GASA is quickly becoming the most influential anti-scam organization globally, and it will continue to build critical bridges for public-private partnerships in scam prevention.”
Gogolook Co-Founder and CEO Jeff Kuo sharing experiences in cross-border public-private cooperation for scam prevention.
Asia Scam Report Unveils Rapidly Evolving Scam Tactics, With Over 30% of Victims Falling to Scam Trap Within an Hour
GASA, in collaboration with ScamAdviser, surveyed over 25,000 respondents from 13 regions in Asia, including China, Hong Kong, India, Indonesia, Japan, Malaysian, Pakistan, Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam, to publish the Asia Scam Report. The report explored the diverse methods used by scammers and the economic and social impacts, while offering specific recommendations for policy changes. It revealed that nearly 30% (27%) of Asian victims fall for scams within the first hour of encountering a scam, a figure consistent with Taiwanese respondents. This rapid response reflects how scammers exploit fear and greed to manipulate victims before they can react.
The frequency of scams varied significantly by region, with over 40% of Asians encountering scams monthly. Thailand and Hong Kong showed the highest frequency, with nearly 90% of respondents encountering scams at least once per month. In contrast, Taiwan’s scam frequency was lower, with 14% of respondents encountering scams daily, and 66% at least once a month. Identity theft, investment scams, and shopping scam were among the most common types of scams, with identity theft leading in six out of 13 surveyed regions. Phone calls and SMS remained the primary channels for scam propagation, but social media, email, and messaging apps were also frequently exploited. In Taiwan, 55% of respondents reported encountering scams on social media in the past year. Bank transfers remain the most frequently used payment method in scam transactions.
The Global Anti-Scam Summit – Asia has laid the foundation for the development of Asia’s anti-scam ecosystem, providing a platform for governments and leading companies to exchange ideas and join forces in the fight against scams. As a founding member of the Global Anti-Scam Alliance (GASA), Gogolook will continue to enhance its AI-driven trust technology solutions, including its digital anti-scam app Whoscall and its enterprise solution ScamAdviser, to address the growing scam threats of the AI era and offer comprehensive protection for global businesses and consumers.
The 2nd GASA Asia Anti-Scam Summit was held in Singapore with strong support from the Singapore government, bringing together representatives from international companies such as Amazon, Mastercard, Gogolook, Google, and Meta.
Download the GASA Asia Scam Report: https://www.gasa.org/research
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