Platforms’ scam code ‘falls short’ of $2.7b problem


Joseph Brookes
Senior Reporter

Meta, Google, X and other tech giants on Friday committed to a new industry code to tackle online scams, getting in front of the regulator’s push for a new anti-scam law.

But the voluntary effort “falls short” of what is needed and what the community expects, Assistant Treasurer Stephen Jones said.

He is pledging to set a higher bar for the companies later this year though a mandatory code backed …

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