Tech firms and UK government tackle online scams

The British government announced on November 30 that 11 major technology companies had signed the "Charter Against Online Fraud" to protect online users. According to AFP, the 11 companies include Amazon, eBay, Facebook, Google, Instagram, LinkedIn, Match Group, Microsoft, Snapchat, TikTok and YouTube.

Major tech companies have signed a deal with the UK government to combat online fraud.

Under the new agreement, the parties will jointly verify new advertisers, more closely monitor online marketplaces and create dating sites where users can reveal their true identities.

Tech companies have pledged to take tougher action in six months and will block and remove from their platforms fraudulent accounts such as fake ads or romance scams.

Companies will also seek to prevent children from being shown ads for age-restricted products such as alcohol or gambling.

UK Home Secretary James Cleverly called it a major step forward in protecting the public from sophisticated organised crime.

“A deal of this type has never been done on this scale before and I am extremely pleased to see tech companies working with us to fight fraudsters,” Mr Cleverly said.

Signatory companies will report suspicious activity, helping law enforcement identify scammers and remove harmful content. Scams account for around 40% of criminal activity in England and Wales, while almost 80% of payment authorisation fraud originates online.

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