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GASA and ScamAdviser Reveal Potential $688 billion loss to scams in Asia

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The 2024 Asia Scam Report surveyed nearly 25,000 participants across 13 Asia markets 

Upcoming Global Anti-Scam Summit – Asia is taken place in Singapore Oct 21-22

SINGAPORE  , Oct. 16, 2024 /PRNewswire/ — As scams continue to escalate across Asia, the Global Anti-Scam Alliance (GASA) and ScamAdviser jointly announce the release of the Asia Scam Report before the Global Anti-Scam Summit – Asia in Singapore on October 21-22. This comprehensive report provides critical insights into the evolving landscape of digital scams across the region, offering actionable data for governments, businesses, and individuals.

“As scammers become more sophisticated, leveraging AI to scale their attacks, our defense strategies must advance rapidly.” said Jorij Abraham, Managing Director of GASA. “The Asia Scam Report sheds light on the alarming rise of scams across the region. We are honored to collaborate with industry partners to strengthen our collective efforts in protecting citizens and businesses throughout Asia.”

The 2024 Asia Scam Report, conducted by the Global Anti-Scam Alliance (GASA) and ScamAdviser surveyed nearly 25,000 participants across 13 areas including China, Hong Kong, India, Indonesia, Japan, Malaysian, Pakistan, Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam. The findings provide an in-depth look at scam threats, the methods employed by scammers, and the responses from citizens across the region.

The Asia Scam Report reveals key findings, including:

Scam-related losses are estimated to reach US$688.42 billion across 13 Asian markets, underscoring the urgent need for stronger scam prevention strategies.The most prominent channels used for scams in Asia are, in order: Text/SMS, Phone calls, Chat Apps, Social Media, and Email.Nearly half of Asians believe online platforms should be held accountable for their losses, while Singaporeans tend to place the most blame on banks and payment providers.1 in 4 scams are completed in just minutes, and only 8% of scam cases span over a year, reflecting the efficiency and speed of these operations.Identity theft is the most common scam in China, Japan, Singapore, Taiwan, Thailand, and Vietnam. In Malaysia, Indonesia, and Pakistan, investment scams dominate, while shopping scams are most prevalent in India and the Philippines.In most markets, expectation is that online platforms and website providers should be responsible for refund the loss of scams.

Join the Global Anti-Scam Asia Summit – Asia

The findings of the Asia Scam Report will be further discussed at the upcoming Global Anti-Scam Summit -Asia, where experts from across the globe will share their insights on combating the growing scam. Besides ScamAdviser, attendees will have the opportunity to engage with thought leaders, including representatives from Amazon, Mastercard, Gogolook, Google, and Meta, as well as officials from law enforcement, financial authorities, and non-profit organizations.

For more information on Global Anti-Scam Summit – Asia, please visit the official website: https://www.gasa.org/gass-2024-asia

To download the 2024 Asia Scam Report, please visit: https://www.gasa.org/research

About GASA

The Global Anti Scam Alliance’s (GASA) mission is to protect consumers worldwide from scams by raising awareness, enabling hands-on tools, facilitating knowledge sharing, organizing research, and offering training and education.

For more information, please refer to: https://www.gasa.org/

About ScamAdviser

ScamAdviser, a leading brand in global enterprise scam prevention solutions, based in Amsterdam, Netherlands. Leveraging AI and a comprehensive database network, ScamAdviser has developed its own website risk rating technology. Its Anti-Scam Intelligence is built on the world’s most comprehensive digital anti-scam database.

ScamAdviser excels in implementing customized anti-scam technologies into corporate operations, helping clients protect consumers and stay ahead of global compliance trends. As a founding member of the Global Anti-Scam Alliance, ScamAdviser’s partners and clients span Europe, the Americas, and Asia, covering both public and private sectors. With the world’s largest scam database, we share insights with 400+ partners, collectively protecting more than 1 billion consumers worldwide.

For more information, please refer to: https://www.scamadviser.com  

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SOURCE ScamAdviser

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TIER IV and Hitachi Astemo join hands on autonomous driving systems: Introducing SOAFEE-compliant SDV architecture

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TOKYO, Oct. 16, 2024 /PRNewswire/ — TIER IV, the pioneering force behind Autoware*, the world’s first open-source software for autonomous driving, is excited to announce the launch of a joint initiative with Hitachi Astemo to advance autonomous driving systems and software-defined vehicles (SDVs). This collaboration, leveraging Autoware’s capabilities, builds on both companies’ engagement with the Autoware Foundation (AWF) and Scalable Open Architecture for Embedded Edge (SOAFEE) initiative. With their sights set on 2030, the companies are intensifying their efforts to deliver innovative solutions for mass production vehicle models.

Amid major shifts in the automotive industry, a new class of suppliers dubbed Tier 0.5 is emerging, offering value-added solutions that go beyond conventional Tier 1 models. Positioned as a Tier 0.5 supplier, Hitachi Astemo provides comprehensive system solutions that consider the entire vehicle’s architecture. In line with this goal, the company is developing a reference system (Internet of Vehicles Platform: IoV PF) for system development tailored to the needs of automakers. Hitachi Astemo is also pioneering a cloud-native software architecture that facilitates development and standardizes specifications on the cloud. These innovations will significantly enhance development efficiency, elevate product quality, reduce costs, and enable faster time-to-market. The architecture will integrate Autoware as the core autonomous driving software.

TIER IV has been actively collaborating with key members of AWF and SOAFEE to define industry-standard and expand the reach of the Open AD Kit, a comprehensive referential development kit for autonomous driving systems built on Autoware. Looking forward, TIER IV plans to enhance clound-native environments for the kit and support the development of autonomous driving systems based on the SOAFEE-compliant SDV architecture. This collaboration will leverage Hitachi Astemo’s reference system to accelerate the next-generation Open AD Kit project.

In addition to these efforts, TIER IV is accelerating the development of a large-scale, cooperative machine learning operations (MLOps) infrastructure and embedded edge AI models specifically designed for autonomous driving systems. With the launch of the Co-MLOps project in January 2024, TIER IV will spearhead the creation of a global framework that allows companies worldwide to collaborate and share data, accelerating advancements in machine learning and edge AI development. These capabilities will be integrated into the Open AD Kit and will also be aligned with Hitachi Astemo’s reference system.

Through this joint development with Hitachi Astemo, TIER IV is committed to driving the development of autonomous driving systems that add significant value to automakers’ mass production models, shaping the future landscape of the automotive industry.

*Autoware is a registered trademark of the Autoware Foundation.

About TIER IV

TIER IV stands at the forefront of deep tech innovation, pioneering Autoware, the world’s first open-source software for autonomous driving Harnessing Autoware, we build scalable platforms and deliver comprehensive solutions across software development, vehicle manufacturing, and service operations. As a founding member of the Autoware Foundation, we are committed to reshaping the future of intelligent vehicles with open-source software, enabling individuals and organizations to thrive in the evolving field of autonomous driving.

Media Contact

pr@tier4.jp

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SOURCE TIER IV, Inc.

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INFINITIX ventures into Japan’s AI market by establishing INFINITIX Japan and attracting significant attention by showcasing its core product AI-Stack at Tokyo CEATEC 2024.

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TOKYO, Oct. 17, 2024 /PRNewswire/ — Taiwan’s AI infrastructure solutions leader, INFINITIX, has officially launched its Japanese subsidiary, INFINITIX Japan, to expand its presence in Japan’s AI market. This move aims to provide cutting-edge AI solutions, helping local businesses drive digital transformation, improve AI ROI, and foster innovation.

INFINITIX’s flagship product, AI-Stack, has seen great success in Taiwan, supporting businesses with AI infrastructure and partnering with top tech firms to launch Taiwan’s leading AI computing center, AICC. AI-Stack has earned NVIDIA’s Solution Advisor – Preferred Level certification as the preferred solution for AI infrastructure and GPU resource scheduling. With INFINITIX Japan, these successes will now extend to the Japanese market, helping businesses meet growing AI demands. As generative AI rises, companies face challenges like high GPU costs and increased hardware investments. INFINITIX addresses these with flexible GPU management, no-code setup, and automated workflows, boosting efficiency and AI ROI. The launch of INFINITIX Japan ensures fast, local support for business needs and system maintenance.

At Tokyo CEATEC from 2024 October 15 to 18, INFINITIX debuted its next-generation AI-Stack solution, drawing considerable attention from attendees. Through this event, INFINITIX aims to enhance its visibility in Japan, leveraging its strong AI capabilities to provide groundbreaking solutions for Japanese businesses, helping them gain a competitive edge in digital transformation.

The establishment of INFINITIX Japan marks another significant milestone in the company’s international expansion. This strategic move allows Infinitix to further penetrate the Asian market and continue its commitment to leading the AI industry, collaborating with Japanese businesses to create an intelligent future.

INFINITIX Inc.
Beyond AI, to infinity

INFINITIX specializes in AI GPU resource scheduling and management, helping businesses maximize GPU efficiency. As a global NVIDIA Inception Program partner since 2019 and Taiwan’s only AI software provider with NVIDIA Solution Advisor – Preferred Level certification, INFINITIX delivers top-tier AI infrastructure solutions with its AI-Stack platform, driving AI industry innovation.

For more information, please visit our official website: https://infinitix.co/

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SOURCE Infinitix Inc.

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Trip.com Obtains IATA GoGlobal Accreditation

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Trip.com’s IATA GoGlobal accreditation strengthens its recognition across the airline industry. Helps Trip.com access support services provided by IATA.

SINGAPORE, Oct. 17, 2024 /PRNewswire/ — Trip.com has received the International Air Transport Association’s (IATA) GoGlobal accreditation, the gold standard for travel agency validation and a milestone that recognises Trip.com’s ability to operate and work with global airlines across multiple markets. 

IATA GoGlobal Certification

IATA’s multi-country accreditation (also known as GoGlobal) is highly regarded and well-recognised as an accreditation model within the Passenger Sales Agency Rules. It recognises that the company has met rigorous global standards for handling international travel services within aviation, including ticketing and sales. Achieving IATA GoGlobal accreditation brings greater credibility and recognition to Trip.com, and helps simplify interaction with global airlines.

Building on a Strategic Partnership

This achievement follows Trip.com’s recent entry into IATA’s Strategic Partnership Program, strengthening relationships with key industry stakeholders. The decision to join was driven by Trip.com’s commitment to enhancing customer experience and staying at the forefront of product development and new technologies in the travel industry.

Looking ahead, Trip.com is excited to deepen cooperation with IATA to support industry innovation and shape the future of travel, creating a more connected and convenient journey for all.

“We welcome Trip.com on converting to the GoGlobal accreditation level. IATA accreditation allows travel agents to connect more conveniently with a wide range of travel industry partners, simplify their business relationship with airlines, and enhances their credibility with airlines and their customers. Given the scale of their operations around the world, we are delighted that Trip.com recognised the value in converting from multiple GoStandard accreditations to one at the GoGlobal level. We look forward to working with Trip.com and supporting them as they grow their business,” said Juan Antonio Rodriguez, IATA’s Director for Financial Settlement Operations.

Chee Teong Ooi, Trip.com Group’s VP of Global Flights Business and CEO of Travix said, “We are thrilled to have obtained IATA’s GoGlobal Accreditation as it affirms our capability to comply with multi-country financial criteria. As we continue to innovate and collaborate with IATA, we aim to enhance connectivity and convenience, providing an exceptional travel experience for everyone.” 

About Trip.com

Trip.com is an international one-stop travel service provider, available in 24 languages across 39 countries and regions in 35 local currencies. Trip.com has an extensive hotel and flight network consisting of more than 1.7 million hotels and flights from over 600 airlines covering 3,400 airports in 220 countries and regions around the globe. Trip.com‘s world-class 24/7 multilingual customer service, as well as additional centres in Edinburgh, Tokyo and Seoul, help to ‘create the best travel experience’ for its millions of customers worldwide. To book your next trip, visit Trip.com.

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SOURCE Trip.com

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