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Tech companies are teaming up to combat scammers

TL;DR

Google, Microsoft, Meta, Amazon, OpenAI, Adobe, LinkedIn and Match Group have signed the 'Online Services Accord Against Scams'.

Key Points

  • The alliance targets organized criminal networks that exploit multiple platforms simultaneously.
  • Planned measures include new fraud detection tools, enhanced user security features, and stricter verification for financial transactions.
  • Companies and law enforcement will share intelligence, backed by joint best practices for scam detection and reporting.
  • The coalition will push governments to declare online scams a national priority.

Nauti's Take

It is at least ironic that OpenAI and Adobe – two companies whose technology made scam content scalable in the first place – are now sitting at the anti-fraud table. Good intentions do not equal good execution: without binding SLAs, clear penalties for non-compliance, and independent audits, an accord like this remains a masterpiece of press-release engineering.

The most interesting part is still missing – what governments are actually supposed to do once they declare scams a 'national priority'. Until then: cautious skepticism is warranted.

Sources