Archive · Business Recorder
Highest in Asia: Pakistan facing mounting exposure to cyber-enabled financial fraud: report
ISLAMABAD: Pakistan is facing mounting exposure to cyber-enabled financial fraud, with estimated scam losses equivalent to 2.5 percent of gross domestic product (GDP), highlighting growing risks to digital financial services as fraudsters exploit online platforms, telecommunications networks, and payment systems. This was noted in the “Bangkok Blueprint in Action”, released by the International Monetary Fund (IMF) and the World Bank Group (WBG) managements, a high-level framework developed in coordination with the Bank of Thailand that aims to help countries prevent, detect, and address the gr...
ZAZTEK archives the headline, summary and publication date so the story stays findable. The full article remains the publisher's. Read it at Business Recorder →