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Who is the most likely to get scammed? | What Do You Think?
AsiaOne
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5/22/2024
With scams becoming more prevalent, AsiaOne conducted a survey to find out what people thought the most likely reasons were for someone to fall victim.
Category
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Learning
Transcript
Display full video transcript
00:00
The scammers have a very sharp tongue.
00:02
If you listen to them,
00:03
if you brainwash them,
00:05
you're done for.
00:06
All the money in the bank,
00:07
all gone already.
00:08
Complacency.
00:09
You never think that you will be a victim.
00:11
Comminently more,
00:11
I think it's all the older generation actually.
00:14
Scam victims in Singapore have lost
00:16
a whopping $651.8 million in 2023 alone,
00:21
stemming from 46,563 cases.
00:24
This is the highest figure
00:26
since the Singapore Police Force
00:27
started tracking scams back in 2016.
00:30
For the first time in five years,
00:32
the total amount lost has dipped
00:34
from the previous year,
00:35
despite an increase in the number of cases.
00:38
The police said this decline in amount
00:40
lost per victim may possibly be due
00:42
to increased vigilance and mitigation efforts
00:44
by authorities and banks.
00:46
Job and e-commerce scams
00:48
were the two most common occurring scams in 2023.
00:51
Scam calls from fake friends were third on the list,
00:54
with three times the amount of cases reported in 2023
00:58
than in 2022.
00:59
We wanted to find out what Singaporeans have done
01:02
to protect themselves against scams
01:04
and what they thought the most common reasons were
01:06
for someone to fall victim.
01:08
Asia 1 did a survey in January 2024,
01:11
which received 1,918 valid responses,
01:14
and 64% of them felt that they were more likely
01:17
to be scammed now compared to a year ago.
01:20
About 3 in 10 of those we surveyed
01:22
have been victims of scams,
01:24
while half of the respondents have not,
01:26
but know of someone who has.
01:28
This leaves about 2 in 10 who neither knew
01:30
of someone who got scammed,
01:31
nor have been scammed themselves.
01:34
Retirees, homemakers and those unemployed
01:36
were groups that respondents thought
01:38
were especially at risk.
01:40
But in reality, of those who answered
01:42
that they had been a victim of scams,
01:44
64% were employed.
01:46
In addition, based on SPF's annual scams
01:49
and cybercrime brief for 2023,
01:51
43% of scam victims were aged 30 to 49,
01:55
with retirees, though 65 and above,
01:58
coming in second lowest at 7%.
02:00
Respondents have also taken measures
02:02
to protect themselves from scams.
02:04
The most common includes
02:06
only downloading apps from official app stores,
02:09
enabling biometric authentication,
02:11
requesting for a notification for every transaction,
02:14
setting strong passwords,
02:16
and installing ScamShield.
02:18
To expand on our findings,
02:19
we headed out to ask whether Singaporeans
02:22
thought they were more likely to be scammed now
02:24
compared to a year ago.
02:25
Yes, I agree.
02:26
I do agree actually.
02:28
Yes.
02:28
Yes.
02:29
Yes.
02:29
Most definitely.
02:30
I feel like there's more platforms
02:32
that we are being exposed to,
02:34
so it's easier for people to be scammed.
02:37
It's mostly because of technology.
02:40
It's more available now to more people.
02:42
It's also available to those who have bad intentions.
02:45
Those who scam, their masks are very powerful.
02:48
If you listen to them,
02:49
if you brainwash them,
02:50
you're done for.
02:52
Fortunately, not.
02:53
People around me,
02:56
so far, no.
02:56
They are quite vigilant.
02:58
No, but I personally know people who have been scammed.
03:01
No, but I've known people,
03:03
I personally know someone who has constantly been scammed.
03:05
No, I have not.
03:06
But I know of friends,
03:08
close friends, and even family members.
03:09
Yeah, I have.
03:11
If you want a big amount of money that will be involved,
03:14
it was just a small amount.
03:15
Yeah, I have one friend who was scammed
03:17
and a Singaporean.
03:19
All the money in the bank,
03:20
all gone already.
03:21
I think anybody can be at risk.
03:24
Doesn't matter who they are or what age they are.
03:27
It's those kind of housewives,
03:30
who are very easy to be scammed.
03:32
Retirees,
03:33
parents of very young children,
03:35
maybe unemployed also.
03:36
I think the retiree group,
03:38
they're not very good at technology things
03:42
or social media things.
03:44
Many are working.
03:45
There isn't a specific group,
03:47
I think everybody is exposed to it
03:49
and at risk at it.
03:50
I think it would be the unemployed
03:53
and especially retirees.
03:54
Most retirees would not be as tech savvy as most people.
03:58
They would also not have the information
04:01
available to them
04:02
to protect them against scams.
04:04
The elderly people,
04:05
like people who are aged and they want to talk to someone
04:08
or when someone asks them for help,
04:09
they are more generous.
04:11
Probably more, I think it's all the older generation actually.
04:13
Because they are less tech savvy
04:15
and then a lot of things like investments and all,
04:17
they're not exactly very clear about that.
04:19
But I think even for us these days,
04:20
youngsters with all the phishing scams,
04:22
link scams and all,
04:23
I think it's also pretty easy.
04:25
Lack of knowledge and awareness,
04:27
definitely is one of them.
04:28
Greed, maybe there are some people who are greedy.
04:30
I would not deny that.
04:32
I think lack of knowledge,
04:34
complacency.
04:34
You never think that you will be a victim.
04:36
Primarily it's the lack of knowledge and awareness.
04:40
Scammers are getting smarter by the day,
04:43
so they come up with new things
04:44
and also I think it's because
04:46
they think that they would never get scammed.
04:49
Usually it's greed.
04:50
First and foremost, definitely for all humans,
04:52
it's greed.
04:52
Secondly, it's definitely lack of knowledge.
04:54
I think the awareness game these days,
04:55
those that get scammed then they share,
04:57
then you all become aware of that.
04:58
But without that, most people don't pay attention to it.
05:00
Of the people we interviewed,
05:02
all of them felt that they were more likely to be scammed now
05:04
compared to a year ago,
05:06
with the majority of them personally knowing someone
05:08
who has been scammed.
05:09
Aligning with the survey,
05:11
people we spoke to felt that greed,
05:13
lack of knowledge of scams
05:14
and never thinking it would happen to them
05:16
were possible reasons why people fell victim.
05:19
Singaporeans felt that retirees,
05:22
homemakers and those unemployed
05:23
were the most at risk.
05:25
This perception largely differs from reality,
05:27
as seen from our survey and SPF's report.
05:30
So, what do you think?
05:32
(upbeat music)
05:37
(upbeat music)
05:42
(upbeat music)
05:47
[BLANK_AUDIO]
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