Cambodian lawmakers approve anti-cybercrime law | National | #cybercrime | #infosec

Operated out of fortified compounds across the region, the global cyberscam industry has reached “industrial proportions”, with estimates of its annual revenues as high as $64 billion, according to the UN Office on Drugs and Crime.

Ringleaders of cyberscam centres that engage in human trafficking, detention and torture will now face prison sentences of up to 20 years and a fine of up to two billion riel ($500,000) under the law approved on Friday.

Scam centre bosses could face life in prison if their operations lead to the death of one or more people.

The law would deal “serious punishment” to deter repeat offenders, Cambodian justice minister Koeut Rith told a news conference.

Its passage aimed to “send a message to cyber scammers that Cambodia is not a place to do scams”.

A draft of the law — the first of its kind that aims to stamp out transnational cyberscam operations in Cambodia — was initially approved by the government in March.

A joint statement by UN experts in May said that “hundreds of thousands of people of various nationalities are trapped and forced to carry out online fraud”.

Several countries have enacted anti-cyberscam laws to combat the rise of online fraud, romance and cryptocurrency scams, with con artists in Singapore facing 24 strokes of the cane for serious cases.

Cambodian Prime Minister Hun Manet told AFP in February that scam centres were destroying his country’s economy and giving the nation a bad name, vowing to “clean this out”.

Authorities have pledged to close all online scam centres by the end of April, but analysts have said the government’s crackdown on the industry is unlikely to stamp it out.

The US State Department said last year that “official complicity, including at senior levels, inhibited effective law enforcement action against trafficking crimes” in Cambodia.

Cambodia has denied suggestions its government is complicit.