Meta Launches Australian Scam Tool
This is a Australia news story, published by Mashable, that relates primarily to FIRE news.
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Australian government service ScamwatchMashable
•Facebook cracks down on celebrity deepfake scams after $43 million in losses for Australians
76% Informative
Meta launched a new Fraud Intelligence Reciprocal Exchange ( FIRE ) tool in Australia in an effort to cut down on the massive financial losses suffered by victims in the country.
The FIRE tool is, effectively, a joint effort between Meta and banks to collect information on online scams.
Australians had reported $43.3 million — around $30 million USD — in losses from social media scams just from January through August .
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