11 tech companies sign government letter to fight online fraud!

Keeping users safe online has become one of the crucial missions that technology companies have been trying to carry out in recent years. In fact, it must be said that Internet activities are no longer really protected, with repeated cases of fraud or scams of all kinds being recorded. The observation is quite worrying and encourages the main actors to act to fight against these abuses.

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It is in this sense that the British government has reached an agreement with several large technology companies to better protect Internet users. Made official through the signing of a new letter, this collaboration will allow both parties to share their resources to stop this phenomenon. We take stock here!

An “unprecedented” initiative to develop new measures that can better protect users online

HE british government and several technology companies have just signed a letter aimed at combating online fraud. Considered as a “Unprecedented” initiativeThis project should allow these different companies to develop new effective measures to better ensure the security of online users.

For information purposes, the signatory entities of this letter are precisely the number Eleven 11). Is about Facebook, Tik Tok, snapchat, Youtube, Amazon, eBay, Google, instagram, LinkedIn, party group AND microsoft. So with this new partnership, they will have to be more vigilant. This will consist in particular of always check new advertiserswhile quickly removing fraudulent content.

Furthermore, it should also be expected that strengthen verification levels in peer-to-peer markets where the online dating services. Under the terms of the agreement, companies must implement the measures applicable to their services in a manner six month period.

Very pleased with the signing of this letter, James Cleverly, current Home Secretary of the British government, wanted to point out that this is a real step in the fight against online fraud. “The Online Fraud Charter is an important step forward in our efforts to protect the public from sophisticated, adaptable and highly organized criminals”, declared in particular in this regard. Let us hope, therefore, that this approach can evolve unequivocally, so that the objectives assigned to it are achieved.

Also read: Deepfake: Fraud attempts using technology have skyrocketed in 2023

Fraud has reached new levels in the UK for several years now.

The fact that the British government has chosen to establish such a partnership with the main players in the technology sector is not exactly surprising. In fact, it must be recognized that fraud is an integral part of the crime cases registered throughout the country.

Furthermore, according to data published by the government, this phenomenon represents approximately 40% of all crimes recorded in England and Wales. Likewise, as reported UK Finance, 80% Authorized push payment scams come from fake social networks or websites. Statistics that demonstrate once again the scope of this criminal practice on British soil.

Obviously, given all this, the formalization of this new collaboration with these companies is quite necessary. The Prime Minister, Rishi Sunak, was also delighted, while recalling that “We will continue to take strong measures” against scammers.

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Dennis Alvarado

"Total social media fan. Travel maven. Evil coffee nerd. Extreme zombie specialist. Wannabe baconaholic. Organizer."

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