Google To Help Eliminate Financial Scams In U.K

Share post:

Google will crackdown on financial fraud on its U.K. platform.

Last year, the U.K.’s Financial Conduct Authority issued 1,200 warnings from consumers about scams promoted by fake companies on social media platforms – a 100% increase on the previous year’s warnings.

Google announced that beginning September 6, all financial services will have to be reviewed by the regulator before they can be advertised.

Google will begin enforcing the new guidelines after the Financial Conduct Authority (FCA) to review paid promotions.

The regulator will assess the outcome of Google’s decision when the changes take effect.

For more information, read the original story in Reuters.

Featured Tech Jobs

SUBSCRIBE NOW

Related articles

Canada cyber centre issues caution after group from India issues threat

'Indian Cyber Force' issues threat after Canada says it has evidence of possible ties to India in the killing of a Sik

Cyber Security Today, Week in Review for the week ending Friday, Sept. 22, 2023

This episode features discussion about the MGM Resorts ransomware attack, and on recent DDoS attacks against Canadia

Despite AI, infosec leaders have ‘job security forever,’ conference told

Don't worry about AI taking the jobs of CISOs, a panel at the SIBOS 2023 conference in Toront

Despite AI, infosec leaders have ‘job security forever,’ conference told

Don't worry about AI taking the jobs of CISOs, a panel at the SIBOS 2023 conference in Toront

Become a member

New, Relevant Tech Stories. Our article selection is done by industry professionals. Our writers summarize them to give you the key takeaways