Laos tackles cybercrime : Implements power cuts, restricts overseas telecom services ...Middle East

News by : (Daily Sun) -

Laos has recently become the second country, after Thailand, to enact a strict policy prohibiting telecommunications companies from extending their services internationally without prior approval from the appropriate authorities.

“Under the new directive, individuals, legal entities, and telecommunications and Internet service providers are strictly prohibited from establishing international connections without approval from the ministry.

Earlier, the government reduced electricity supply to the Tachileik district in Myanmar’s Shan State, a popular hub for call-centre scams.

Regional security officials are tightening laws and taking stern actions to curb the rising online loan frauds, illegal gambling and fraudulent investments after criminal syndicates duped many innocent victims of their money.

A UN Office on Drugs and Crime (UNODC) report from last October revealed that financial losses were estimated to be between RM80 million (US$18 billion) and RM164.3 million (US$37 billion) from scams targeting victims in East and Southeast Asia in 2023 alone. Many of these losses were linked to scams perpetrated by organised crime groups based in Southeast Asia.

“Leveraging technological advances, criminal groups are producing larger scale and harder to detect fraud, money laundering, underground banking and online scams.

“This has led to the creation of a criminal service economy and the region has now emerged as a key testing ground for transnational criminal networks looking to expand their influence and diversify into new business lines,” he said.

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