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Finding Balance: The Impact of Social Media on Scam Awareness

Finding Balance: The Impact of Social Media on Scam Awareness “A fool and his money are soon parted.” — Thomas Tusser Social media is a funny place. On the same phone, in the same app, within the same five minutes, you can see a video exposing a scam… and then immediately see another video trying to scam you. Welcome to the digital economy, Malaysian edition — where TikTok teaches you how to avoid scams, and then Instagram tries to sell you a “guaranteed 300% crypto return” by a guy named Jason who is somehow always standing next to a Lamborghini but never inside an office. So the big question is: Is social media helping scam awareness, or is it making scams worse? The honest answer? Both. Let’s start with the good news. Social media has made people more aware of scams than ever before. Now you see: Viral posts exposing scam tactics Screenshots of scam WhatsApp messages Videos explaining phishing emails Bank Negara warnings Police advisories People sharing real...

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