May 7, 2021 @ 11:17 pm By Omar Faridi
UK Finance (a trade association for the UK banking and financial services sector that represents around 300 firms in the UK providing credit, banking, markets and payment-related services),
Which? (an organization that reviews products and services, so that you “make the best purchase decisions” for your requirements) and
City of London Police are among several other organizations that have signed a letter asking the UK government to add online or Internet scams to its latest “Online Safety” bill.
The new “Online Safety” bill will require companies – through the threat of huge fines – to enhance Internet safety in key areas like terrorist content, child sex abuse, hate crimes, cyber-bullying and the circulation of fake or misleading news updates.
Government urged to add scam protections to Online Safety Bill
Group of organisations calls for the government to use the Online Safety Bill to protect people from cyber scams
Share this item with your network: By Published: 07 May 2021 0:01
A coalition of organisations representing consumers, civil society and business is urging the government to include protections from online cyber scams in the Online Safety Bill, warning that Westminster’s much-quoted ambition to make the UK “the safest place in the world” to be online risks being unattainable.
In joint letter presented today (7 May) to home secretary Priti Patel and digital secretary Oliver Dowden, the group will call on the government to include online scams in the bill to better protect consumers from “the devastating financial and emotional harm caused by these crimes”.
PIMFA Launches Fraud Prevention Guide As Part Of Campaign To Protect Consumers From Online Fraud Date
07/05/2021
PIMFA, the trade association for wealth management, investment services and the investment and financial advice industry, has launched a guide to online fraud prevention for member firms as part of its campaign to make the internet safer for consumers.
The guide for firms provides information on the most common examples of fraud that PIMFA has identified in the past few years, including impersonation fraud, retail bond fraud, social media fraud and cloned websites. It also provides examples of real-life situations in which a firm or its clients were the victims of fraud, as well as advice on best practice to help prevent fraudsters from gaining access to clients.
Consumer champions lobby govt for tougher online protection
By Michael Klimes 7
th May 2021 9:33 am
Seventeen of the most influential consumer groups have called on the government to crack down on internet scams.
They urge the government to include online scams in its proposed Online Safety Bill in a joint letter to the Home Secretary and Digital Secretary.
The organisations want consumers to be better protected against the financial and emotional harm caused by these crimes.
Scams have escalated in the past 12 months as Action Fraud figures showed £1.7bn was reportedly lost to scams in the last year.
Many criminals have shifted their activity online as Action Fraud estimates that in the year to June 2020, 85% of all fraud was cyber-enabled.
Organisations group together in push for online scams to be included in Online Safety Bill
Letter sent this week
Those that have signed the letter include, Which?, the Money and Mental Health Policy Institute, Carnegie UK Trust, UK Finance and PIMFA.
A coalition of 17 organisations have joined forces to warn Priti Patel MP and Oliver Dowden MP of the risks imposed by online scams, urging them to include work to tackle them in the Online Safety Bill.
In a joint letter to the home secretary and digital secretary, organisations have urged the government to include online scams in its proposed Online Safety Bill so consumers are better protected against.