Comment on Meta found a new way to crack down on scam accounts, and it seems to be working

Meta found a new way to crack down on scam accounts, and it seems to be working

Meta has expanded its Fraud Intelligence Reciprocal Exchange, or FIRE, which lets banks communicate more directly with the company about scams.Jakub Porzycki/NurPhoto via Getty ImagesMeta is partnering with banks to identify scam accounts.Meta's new system allows banks to share data with the company directly.Meta says the collaboration led to the removal of 20,000 scam accounts in the UK alone.Deepfake scams have skyrocketed on Facebook in recent years.

 

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