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Forex News: Malaysia Scam Losses Rise To RM2.7 Bln In 2025, Spike During Festive S | 2026

Breaking forex market news: Malaysia Scam Losses Rise To RM2.7 Bln In 2025, Spike During Festive Seasons – Fortinet. Currency traders should pay close attention to this development and its potential impact on major pairs.

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

Currency Market Impact

This news event could create significant moves in major and emerging market currency pairs. Traders should monitor central bank responses, economic data releases, and interbank flow data for confirmation of directional bias.

Trading Considerations

News-driven volatility creates both opportunity and risk. Use proper position sizing, place stop-losses at key technical levels, and avoid over-leveraging during high-impact events.

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 Forexnews on March 25, 2026. Source: Malaysia Scam Losses Rise To RM2.7 Bln In 2025, Spike During

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