Social media giants 'not serious about online fraud' after snubbing crunch meeting
Social media giants 'not serious about online fraud' after snubbing crunch meeting Firms 'ignoring fraud' despite Government attempts to engage with industry 12 May 2021 • 12:00pm Social media firms and internet giants have been accused of failing to take online scams seriously after snubbing ministers and sending lobbyists to a high-level meeting. The criticisms have come as the Government finalised plans last night for new laws to protect consumers online. Consumer losses to fraud are on the rise according to Action Fraud, a government agency. Some 85pc of all fraud features an online ...