The alliance includes Meta (formerly Facebook), Coinbase, Match Group, the parent company of Tinder and Hinge, Kraken, Ripple and Gemini, as well as global anti-scam organizations.
Guy Rosen, Chi Information Security Officer at Meta, said, “We hope this alliance will serve as a force multiplier for security teams at tech companies to enable more effective disruption of scam networks worldwide. "Will share insights and trends."
Under this alliance, participating tech companies will work together to take action against tools used by scammers. The companies will also educate and protect consumers and disrupt rapidly evolving financial scams.
This work will include sharing best practices, threat intelligence and other tips and information to help keep users safe and protected before they become victims of online fraud schemes such as romance scams or crypto scams such as 'pig slaughter' .“It is essential for technology companies across all industries to collaborate with each other to prevent criminal activity, and ultimately to help online platforms stay away from a variety of financial crimes,” said Joel Roth, Vice President of Trust and Safety at Match Group. "Helps us develop effective solutions for them."
Early last summer, Match Group, Coinbase and Meta launched a first-of-its-kind partnership in the tech industry to understand cross-platform threats including pig slaughter and to better disrupt these crimes by bringing additional companies into the conversation. Recognized the opportunity.
“Fraud schemes are becoming increasingly sophisticated, placing even greater emphasis on the importance of industry leaders coming together to combat fraud and secure a safe digital environment for users,” said Philip Martin, Chi Security Officer at Coinbase. Used to be."
Guy Rosen, Chi Information Security Officer at Meta, said, “We hope this alliance will serve as a force multiplier for security teams at tech companies to enable more effective disruption of scam networks worldwide. "Will share insights and trends."
Under this alliance, participating tech companies will work together to take action against tools used by scammers. The companies will also educate and protect consumers and disrupt rapidly evolving financial scams.
This work will include sharing best practices, threat intelligence and other tips and information to help keep users safe and protected before they become victims of online fraud schemes such as romance scams or crypto scams such as 'pig slaughter' .“It is essential for technology companies across all industries to collaborate with each other to prevent criminal activity, and ultimately to help online platforms stay away from a variety of financial crimes,” said Joel Roth, Vice President of Trust and Safety at Match Group. "Helps us develop effective solutions for them."
Early last summer, Match Group, Coinbase and Meta launched a first-of-its-kind partnership in the tech industry to understand cross-platform threats including pig slaughter and to better disrupt these crimes by bringing additional companies into the conversation. Recognized the opportunity.
“Fraud schemes are becoming increasingly sophisticated, placing even greater emphasis on the importance of industry leaders coming together to combat fraud and secure a safe digital environment for users,” said Philip Martin, Chi Security Officer at Coinbase. Used to be."
