Police say No. of cyber scams in Japan up 8% in 2023, most in 10 yrs

Japan saw an 8.3 percent increase in the number of police-recognized cyber and phone scams in 2023, with the 19,033 cases the most in 10 years, while the number of people linked to overseas-based crime rings was the highest ever seen, data showed Thursday.Cases of telecommunications fraud increased for the third consecutive year and the cost to victims jumped 19 percent to 44.1 billion yen ($298 million), up for the second consecutive year, according to the National Police Agency.Both the number of scams and total cost in 2023 were the fourth highest since data became available in 2004.Poli…READ FULL ARTICLE