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Crime Prevention Foundation needs strategic partnerships to halt cyber crimes

25th June, 2019

KOTA KINABALU: Malaysia Crime Prevention Foundation (MCPF) Sabah Chapter will form strategic partnerships with the relevant quarters to keep abreast with the current trends and forms of crime including those involving e-financial fraud in the state.

MCPF Sabah Chapter chairman Tan Sri Andrew Liew Sui Fatt acknowledged that e-financial fraud cases have been on the rise in the country and would require a collaborative effort with all relevant bodies including Bank Negara and the Malaysian Securities Commission in fighting against the crime.

“We are aware that we have to be proactive because we’re dealing with cyberspace crimes. Therefore, we need to work closely with all the relevant partners.

“And since it involves cyberspace, these crimes are not limited by conventional borders and boundaries making it more crucial for us to form a strategic partnership with others,” he said when met yesterday.

Liew, who is also the Sabah United Chinese Chamber of Commerce (SUCCC) president also concurred with Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail who had expressed her concern over the drastic increase in e-financial fraud cases in the first five months of this year.

She reportedly said RM40.7 million losses were recorded between January and May this year, which was more than the total number recorded throughout last year at RM40.5 million.

Wan Azizah, who is also national MCPF chairperson, had noted that the rapid development of cyberspace had also exposed the society to various new crimes which were never heard of before.

She said such trends had made the MCPF’s role in raising public awareness on crime prevention become increasingly challenging.

Previously, she had announced a national awareness plan on the management of cybersecurity and cybercrime to be launched at the end of this year.

The plan, expected to be implemented in January 2020 would target four groups namely children, youths, adults and parents, as well as organisations.

Police have said that Cybercrime has surpassed drug trafficking as the most lucrative crime in the country.

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