Tag: Financial Fraud Prevention

The FTC says Americans lost at least $2.1 billion to social media scams in 2025

Americans lost at least $2.1 billion in 2025 to scams that originated on social media, according to...

Anthropic will ask Claude users to verify their identities ‘for a few use cases’

Anthropic has started rolling out identity verification on Claude “for a few use cases.” The company didn’t...

Tech companies are teaming up to combat scammers

A coalition of Big Tech companies is working on a more comprehensive solution to combat online scams....

Meta hit with a class action lawsuit over smart glasses’ privacy claims

Meta is facing a class action lawsuit for false advertising related to its AI glasses following reports...

Bipartisan SCAM Act would require online platforms to crack down on fraudulent ads

Without meaningful deterrents, Big Tech companies will do what's profitable, regardless of the cost to consumers. But...

X hit with $140 million fine from the EU

The European Commission has fined Elon Musk’s X €120 million (around $140 million) for breaching its transparency...

12 steps you can take right now to be safer online

There's a fundamental question you can ask of both the internet and real life: "How do I...

Meta will warn WhatsApp and Messenger users against scams

Meta is launching new tools aimed at trying to protect Messenger and WhatsApp users from potential scams....

Discord users’ IDs and data compromised in customer service provider hack

One of Discord's third-party customer service providers has been infiltrated by an unauthorized party who was able...

The FTC sues Ticketmaster for allegedly colluding with resellers

The FTC and seven states sued Ticketmaster owner Live Nation on Wednesday. The lawsuit accused the company...

Terraform Labs founder Do Kwon pleads guilty to fraud over $40 billion crypto collapse

Terraform co-founder Do Kwon has pleaded guilty to two US chargers of fraud after his actions wiped...