Major Tech Firms Announce Alliance To Prevent Online Financial Crime
A new coalition named Tech Against Scams , comprising major tech companies from various sectors including social media, dating apps, financial institutions, and cryptocurrency, was unveiled on Tuesday. This initiative aims to combat online fraud and financial schemes targeting consumers across different industries.
The coalition features prominent members such as Meta (previously Facebook), Coinbase , Match Group (which owns Tinder and Hinge), Kraken, Ripple, Gemini, and the Global Anti-Scam Organisation.
Guy Rosen, Chief Information Security Officer at Meta, stated, “We hope that this coalition will serve as a force multiplier for security teams at tech companies to share threat insights and trends to enable more impactful disruptions of scam networks around the world.”
The coalition features prominent members such as Meta (previously Facebook), Coinbase , Match Group (which owns Tinder and Hinge), Kraken, Ripple, Gemini, and the Global Anti-Scam Organisation.
Guy Rosen, Chief Information Security Officer at Meta, stated, “We hope that this coalition will serve as a force multiplier for security teams at tech companies to share threat insights and trends to enable more impactful disruptions of scam networks around the world.”
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