Financial Fraud Prevention

There's a fundamental question you can ask of both the internet and real life: "How do I enjoy my time here without taking unnecessary risks?" In grass-touching meatspace, you can cut out processed foods, carry pepper spray and avoid skydiving without a partner.

But the best methods for staying safe online aren't as intuitive. The internet is a massive town square where people are constantly bellowing deeply personal facts about themselves. It's no surprise that it's become a breeding ground for scams, theft and other criminal activity.

Meta is launching new tools aimed at trying to protect Messenger and WhatsApp users from potential scams. The company says its teams have "detected and disrupted" nearly 8 million accounts associated with scam centers in Myanmar, Laos, Cambodia, the United Arab Emirates and the Philippines since the beginning of 2025. It has also taken action on over 21,000 Pages on Facebook pretending to be customer support services of legitimate companies.

One of Discord's third-party customer service providers has been infiltrated by an unauthorized party who was able to gain access to users' information. Discord said it recently discovered the incident, which took place on September 20.

The Federal Trade Commission (FTC) has seen an alarming rise in gamified job scams over the past year. The FTC says that reports of job scams have quadrupled each year since 2022 topping out at 20,000 reports at a cost of $41 million in total during the first six months of the year.

Former cryptocurrency leader Alex Mashinsky has pleaded guilty to two fraud charges. The founder and CEO of Celsius Network was indicted on seven criminal counts in 2023, including charges of fraud, conspiracy and market manipulation. He entered a not guilty plea at the time, but in a hearing today, Mashinsky pled guilty to two of those original counts.

The Federal Trade Commission (FTC) can now go after scammers posing as tech support providers even if it's the consumer who called them up.

Meta is making progress in its fight against pig butchering scams. In an update, the company said it has taken down more than 2 million accounts associated with such scams this year and that its effort to work with other companies to take down fraudsters has had some success.

One of the Gemini AI-powered features Google introduced at I/O this year was a solution for never-ending scam calls. It has the capability to detect whether a call is suspicious while it's still ongoing and can alert you so that you could drop the call as soon as possible.

Think about your digital footprint. How many accounts have you created online since you first started using the internet? How many of those use the same passwords, so you have an easier time logging in? It’s a habit we’ve all fallen into, but it greatly weakens our ability to stay secure online. Just one password leak can compromise dozens of accounts.

Lyft has agreed to to tell its drivers how much they can truly earn on the ride-hailing platform — and back it up with evidence — as part of its settlement for a lawsuit filed by the US Justice Department and the Federal Trade Commission.