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UK Watchdog Wants Big Tech To Combat Online Scams

By  |  March 8, 2022

UK said on Tuesday it would force Google, Facebook, Twitter and other online platforms to prevent paid-for fraudulent adverts after calls from regulators and consumer groups for a stronger crackdown on scams, reported Reuters.

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    The government said its draft law on preventing online harms would include the requirement for large platforms to improve protection from criminals impersonating celebrities or companies to steal personal data, peddle unsafe financial investments or break into bank accounts.

    Communications regulator Ofcom will check if platforms have put in place systems to prevent and remove fake adverts. The watchdog could block services or issue a fine of up to 18 million pounds ($24 million) or 10% of annual turnover, the government said.

    “These changes to the upcoming Online Safety bill will help stop fraudsters conning people out of their hard-earned cash using fake online adverts,” Culture Secretary Nadine Dorries said in a statement.

    The Online Safety bill, whose draft was published as early as May 2019, is intended to improve safety for internet users with regard to abuse or fraud, among other violations. The Bill gives the relevant Secretary of State the power to designate and address a wide range of potentially harmful content…

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