Survey highlights the overconfidence gap, with even the most confident Malaysians losing an average of RM4,844.70 [1] last year. Scammed! For many, despite the numerous reports and news, it is usually a case of ‘this is something that happens to others’. Until it happens to you! Despite having strong confidence in spotting scams, many Malaysians still fall victim, revealing a troubling gap between awareness and prevention. According to the newly released 2025 State of Scams in Malaysia report by Gogolook and the Global Anti-Scam Alliance (GASA), 85% of Malaysian respondents encountered a scam in the past year, and 73% were actually scammed. This is despite three-quarters of Malaysian adults feeling confident in their ability to recognise scams, with 14% claiming they can ‘always’ spot one. Another interesting finding is that 82% of those most likely to have experienced scams possess a high level of education, with 78% of them being millennials. “Scams have become s...
