The EU wants Apple, Google and Microsoft to clamp down on online scams

1 month ago 3

The European Union has asked Apple, Google and Microsoft to explain how they police online financial scams, stepping up enforcement of the Digital Services Act (DSA), as first reported by the Financial Times. Formal information requests were also sent to Booking Holdings, the owner of Booking.com, regarding how the company handles fake accommodation listings. Likewise, regulators will be probing fake banking apps in Apple’s App Store and Google Play. Additionally, they will be taking a close look at fake search results in Google search and Microsoft's Bing.

Speaking with the Financial Times, EU tech chief Henna Virkkunen said criminal activity is increasingly moving online and platforms must do more to detect and prevent illegal content. Virkkunen said that financial losses from online fraud exceed €4 billion a year (around $4.7 billion) across the EU, and that the r...

Source: https://www.engadget.com/big-tech/the-eu-wants-apple-google-and-microsoft-to-clamp-down-on-online-scams-145333226.html?src=rss

Read Entire Article

Disclaimer of liability !!!

NEWS.SP1.RO is an automatic news aggregator. In each article, taken over by NEWS.SP1.RO with maximum 500 characters from the original article, the source name and hyperlink to the source are specified.

The acquisition of information aims to promote and facilitate access to information, in compliance with intellectual property rights, in accordance with the terms and conditions of the source.

If you are the owner of the content and do not wish to publish your materials, please contact us by email at [email protected] and the content will be deleted as soon as possible.