Major Tech and Retail Giants Sign Accord Against Online Scams
Major technology and retail companies have signed the new "Industry Accord Against Online Scams & Fraud" ahead of the UN Global Fraud Summit, agreeing to share threat intelligence on how scammers are abusing their services, Sam Sabin of Axios reports. The agreement is meant to "set expectations for how signatories will work across online services to counter scammers" and "seeks to drive a united industry response... to combat fraud and scams," Axios says, citing a draft of the accord. Some of the companies who have signed the accord include Google (GOOGL), Microsoft (MSFT), LinkedIn, Meta (META), Amazon (AMZN), OpenAI, Adobe (ADBE), Pinterest (PINS), Target (TGT), Levi's Strauss (LEVI), and Match Group (MTCH).
