New fraud data from Sift: Content abuse rises 28 per cent as scammers exploit global unrest | #socialmedia

Content fraud plays the oldest tricks in the proverbial book. Because fraudulent content relies on victim-baiting, it undermines community integrity and kills growth no matter the industry—putting average consumers, and the businesses they buy from, at special risk of attack from scammers phishing for data.  A merchant’s customers almost always…

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Business News | Stock and Share Market News | Finance News | #socialmedia

Search Quotes, News, Mutual Fund NAVs Reliance INE002A01018, RELIANCE, 500325 LIC India INE0J1Y01017, LICI, 543526 Tata Steel INE081A01012, TATASTEEL, 500470 ITC INE154A01025, ITC, 500875 ONGC INE213A01029, ONGC, 500312 Search Quotes, News, Mutual Fund NAVs Reliance INE002A01018, RELIANCE, 500325 LIC India INE0J1Y01017, LICI, 543526 Tata Steel INE081A01012, TATASTEEL,…

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Matthew McLuckie’s family calls on ACT government to introduce stronger penalties for dangerous driving | #socialmedia

The family of a young man who was killed in a head-on crash in Canberra is calling for tougher measures to deal with people who steal cars and drive recklessly, sometimes with tragic consequences. Key points: In the wake of Matthew McLuckie’s death, his father has started a campaign calling…

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NATIONAL REPORT MILITARY FRAUD DAY – July 2, 2022 | #socialmedia

NATIONAL REPORT MILITARY FRAUD DAY – July 2, 2022 – National Today Skip to content The National Report Military Fraud Day, on July 2, raises awareness about the extent and implications of military fraud and educates the public on monetary incentives for reporting the same to the relevant authorities. Fraud…

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QR codes cannot ‘force’ a payment | #socialmedia

Many people use QR codes every day. A VERIFY viewer asked if QR codes can “force” a credit card payment — that’s false, but there are other scams to watch for. Since the COVID-19 pandemic began in 2020 and social distancing became a common practice, contactless forms of payments have…

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Scam car insurance ‘ghost brokers’ costing victims £1,950 | #socialmedia

Social media sites are rife with dodgy companies offering car insurance that is either non-existent or missing key details. Photo: Bobby Yip/Reuters Dodgy companies offering car insurance that is either non-existent or missing key details across social media sites are costing the average victim £1,950. Consumer group Which? found social…

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Lagos govt sacks judge who dissolved marriage, snatched complainant’s wife | #socialmedia

The Lagos State Government has fired a customary court judge, Ishola jAdeyemi, who allegedly dissolved the marriage of a complainant, Olayemi Ayeni, and “snatched” his wife. The matter came to the fore after a video posted initially by the Facebook page of an entertainment website, “Ogbongefriends”, in 2016, went viral….

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QR codes cannot ‘force’ a payment | #socialmedia

Many people use QR codes every day. A VERIFY viewer asked if QR codes can “force” a credit card payment — that’s false, but there are other scams to watch for. Since the COVID-19 pandemic began in 2020 and social distancing became a common practice, contactless forms of payments have…

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Thai-Cambodian MoU on suppression of cyber scams approved | #socialmedia

The cabinet on Tuesday approved a memorandum of understanding (MoU) to be signed between the Ministry of Digital Economy and Society of Thailand and the Ministry of Posts and Telecommunications of Cambodia on cooperation in the suppression of call centres and similar scam gangs, government deputy spokeswoman Traisulee Traisoranakul said….

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ÉCONOMUSÉE® Network Society to provide a new sustainable tourism support service with the help of Government of Canada funding | #socialmedia

Almost $40 million for the recovery of Quebec’s tourism sector: the Québec organization obtains $200,000 in funding from CED. QUÉBEC, July 5, 2022 /CNW Telbec/ – Canada Economic Development for Quebec Regions (CED) Supporting the tourism industry contributes to economic development in Quebec’s regions. That is why Joël Lightbound, Member of…

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Main Street SMBs Poised to Outperform Economy | #socialmedia

The pressures of inflation, of external shocks from geopolitics and supply chains will be too much for Main Street small and medium-sized businesses (SMBs) to bear. But then again, it ain’t necessarily so. It’s no secret that the smaller firms — the mom and pop shops that line the neighborhoods…

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UK Banks Held to Higher APP Fraud Standards | #socialmedia

Authorized push payments (APP) fraud in the U.K. amounted to £583 million ($706 million) last year as financial fraud in the country increased 39% from the previous year. APP fraud is a type of scam whereby someone is tricked into authorizing a payment. Typically the victim thinks they are making…

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Hold Social Media Companies Responsible | #socialmedia

The following is a lightly edited transcript of remarks made by Stephen Githaka and Deona Julary during a special Newsweek episode of The Debate about social media regulation. You can listen to the podcast here: Stephen Githaka: Yes, I do believe that social media should be regulated. I believe it…

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FTC Sues Walmart for Facilitating Money Transfer Fraud That Fleeced Customers Out of Hundreds of Millions | #socialmedia

Press ReleaseJuly 5, 2022 The Federal Trade Commission sued Walmart on June 28 for allowing its money transfer services to be used by fraudsters, who fleeced consumers out of hundreds of millions of dollars. In its lawsuit, the FTC alleges that for years, the company turned a blind eye while scammers…

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The digital higher education expectation gap and universities | #socialmedia

The digital higher education expectation gap is larger than most would think, so we look at what it means for universities and the student’s digital experiences With the TikTok student generation immersed in a digital bubble filled with slick streaming services, online retail services and gratifying social media platforms, it’s…

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