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Argentina’s Digital Fraud Threat Escalates With Mobile-First Scams and Homograph Phishing

Specialists call for risk-adaptive protections to counter a surge of mobile-origin scams.

Overview

  • New reporting details homograph phishing that swaps characters with the Japanese ん to mimic Booking links, triggering credential theft and remote-access malware downloads.
  • A Kaspersky survey finds 76% of users in Argentina say they have been victims of at least one digital scam.
  • BioCatch and Juniper data indicate fraud is predominantly mobile, with 79% of cases and 88% of fraudulent sessions originating on phones.
  • UFECI’s 2024 breakdown shows online fraud leads reported cybercrime at 63%, followed by identity takeover with fraud (13.5%), illegitimate access (8.3%) and phishing (4.5%).
  • Experts recommend layered defenses including two-step verification, enabling Punycode display in browsers, biometric checks and AI-based anomaly detection, alongside vigilance for WhatsApp code theft, vishing and spoofed numbers.