Governments around the world are urging telecom companies and tech giants to step up efforts to combat fraud on their networks and platforms.
The call was made at the first Global Fraud Summit held this week at Lancaster House in London. The summit was attended by ministers and representatives from Australia, Canada, France, Germany, Italy, Japan, New Zealand, South Korea, Singapore, the United Kingdom and the United States.
James Cleverley, UK Home Secretary, said: “Scammers don't care about borders and are destroying the people of all our countries. We must work together to put an end to this scourge. We have to fight it head on, and that's exactly what we plan to do.”
Governments were supported at the summit by Interpol, the Financial Action Task Force, the United Nations Office on Drugs and Crime, and the European Union was also represented.
“Frauds against individuals and businesses are rapidly expanding, becoming one of the most prevalent crimes in the world and a systemic transnational threat,” the summit communiqué said. .
“Scammers are operating at scale, exploiting telecommunications networks, cyberspace, and the growing population that spends time online.”
The four-part framework approved by participating countries includes building international partnerships to fight fraud, empowering citizens, pursuing organized fraud groups across borders, and preventing fraudsters from misusing technology platforms. It will be done.
Regarding the latter, the communique states: “Technology companies (including social media, e-commerce, online messaging platforms, and online advertising services), telecommunications providers, and financial institutions (including traditional banks and digital financial institutions) all form part of the ecosystem. and scammers will take advantage of it.”
The government says it is looking forward to it. [industry] It aims to “take further action to strengthen anti-fraud efforts” and “strengthen cooperation within and across sectors.”
The specific demands include asking carriers to crack down on tactics used by scammers who impersonate people or businesses over phone calls or text messages. It also called for efforts to remove fraudulent content from online platforms.
Interpol Director-General Jürgen Stock said: “Changes in technology and the rapid increase in the scale and volume of organized crime are creating a variety of new ways to deceive innocent people, businesses and even governments. . Urgent action is required.”
Countries committed to improving information sharing among law enforcement agencies, increasing operations against fraudsters in jurisdictions deemed a threat, and promoting global capacity building.
Improving victim support and enabling the recovery of funds, as well as empowering the public to recognize and reject fraud schemes, was also a priority.
Antony Walker, Deputy CEO of techUK, said: “The Global Fraud Summit provides a platform for technology companies to build on existing efforts and enable better and more consistent cooperation between the private sector, government, and law enforcement in the fight against fraud.” Online fraud.
“As the nature of online fraud continues to evolve, tech companies remain committed to taking action against online fraud and adapting their approaches to effectively combat this criminal activity and protect users.”
See also: French government's cyber crisis team is 'useless' against DDoS
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