Cybercriminals are exploiting big-tech to dupe users. Who's responsible?

27/11/2023 15 min Episodio 153
Cybercriminals are exploiting big-tech to dupe users. Who's responsible?

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Episode Synopsis


Tech platforms like Google, Meta, or even e-marketplaces such as Olx are increasingly becoming hotbeds of online advertising scams in India. People have been losing anything from a few thousands to even a few crore rupees to cyber crime syndicates who have  proficient, tech-savvy members.The amount of money consumers have reported losing to fraud that originated on social-media platforms has skyrocketed since 2017. Last year alone, people reported losing more than $1.2 billion to fraud that started on social media.What are big techs like Google and Meta doing to prevent these crimes? Is it enough?Tune in to find out.FREE READEngineering grads haven't struggled this hard for a job in a decade Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.