Friday, 20 December 2024

More than half of bank transfer scams originate on Meta

New data from the regulator has revealed the true extend of fraud on social media. More than half of bank transfer scams recorded in 2023 originated on Facebook, Instagram or WhatsApp, all of which are owned by Meta.

We look at what's being done to hold tech companies, including Meta, responsible for fraud on their platforms. When will tech firms face fines?

Source: Which? (18 Dec 2024)

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Location: Bexley, UK

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