Are Meta and Google doing enough to stop online frauds?

<p>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.</p><p>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.</p><p>What are big techs like Google and Meta doing to prevent these crimes? Is it enough?</p><p>Tune in to find out.</p><p><em>**This episode is a rerun and was first published on Nov 27, 2023</em><a href="https://the-ken.com/24/?utm_source=web&amp;utm_medium=podcast&amp;utm_campaign=daybreak_twentyfour"><em><br /></em></a><em><br />Listen to the latest episode of Two by Two </em><a href="https://the-ken.com/podcasts/two-by-two/swiggy-needs-to-reclaim-its-past-glory/"><em>here</em></a><em><br /></em><br /></p><p><em>Daybreak is produced from the newsroom of </em><a href="https://the-ken.com/"><em>The Ken</em></a><em>, India’s first subscriber-only business news platform. </em><a href="https://the-ken.com/pricing/"><em>Subscribe </em></a><em>for more exclusive, deeply-reported, and analytical business stories.</em></p>