Online scams are the most reported type of crime. Most countries now state that between 20%-50% of all crimes reported are related to online fraud. This is only the tip of the iceberg, as only 7% of all scam victims report the crime to law enforcement. With nearly $1.026 trillion lost last year, affecting 1-in-4 individuals worldwide, fast action is required.

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On October 21-22 at Suntec Singapore Convention & Exhibition Centre, the Global Anti-Scam Summit (GASS) Asia will take place. The goal of the Summit is to bring governments, consumer & financial authorities, law enforcement, brand protection agencies, and (cybersecurity) companies together to share knowledge and define joint actions to protect consumers from getting scammed.

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The inaugural GASS Asia follows the Global Anti-Scam Summit Europe, held in June 2024 that saw participation from more than 1,200 virtual and 360 physical guests from 100+ countries. GASS Asia will be similarly organized in hybrid style. Last year's event focused on further defining the 10 Recommendations to Turn the Tide on Scams, underscoring the imperative for unified action against the increasingly sophisticated networks behind online scams.

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In 2024, there will be three GASS events, with editions spanning three continents for the first time in our history. America and Asia will each host their own GASS event, with the European GASS entering its 5th year. GASS Asia aims to fortify the global network of anti-scam forces by fostering collaboration.

Together, these stakeholders can pool resources, share intelligence, and devise coordinated strategies to disrupt and dismantle the intricate networks perpetrating online scams. Only through concerted and unified action can we effectively combat the pervasive threat of online fraud.