The latest forex market development: Malaysia Scam Losses Rise To RM2.7 Bln In 2025, Spike During Festive Seasons – Fortinet. Here is our analysis of what this means for currency traders and how to position in response.
What You Need to Know
Here are the key details from this alert:
- KUALA LUMPUR, March 24 (Bernama) — 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 RM2.7 Bln In 2025, Spike During Festive Seasons – F
Market Impact Analysis
Currency market dynamics continue to evolve with global macro developments. Traders following major pairs like EUR/USD, GBP/USD, and USD/JPY should monitor these developments closely.
Broker Selection for Safe Trading
Whether you trade on news or use technical analysis, your broker choice matters. Use regulated brokers on ForexFinviz for comparisons and ReviewForexBroker for independent reviews.
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 Forexfinviz on March 24, 2026. Source: Malaysia Scam Losses Rise To RM2.7 Bln In 2025, Spike During
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