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Transcripts for BBCNEWS Hunting the Social Media 20210820 02:59:00

media fraudsters next time, they could be coming for you.

Transcripts for BBCNEWS Hunting the Social Media 20210820 02:48:00

of the new laws and i can t see any mention of fraud anywhere. fraud experts say it is included in what the bill refers to as illegal content but for some, refers to as illegal content, but for some, that s not enough. it shows that they had no thought prior to the bill drafting to include fraud. after a bit of campaigning they said, ok, it should include fraud, but it doesn t actually do very much to hold the companies that are providing these online media platforms to account. this bill is not fit for purpose for the war against fraud. it s miles off. the government says the new laws would increase people s protection from scams. they said that including fraud in the bill is just one part of our plan to tackle fraud. and they continue to pursue fraudsters and close down the vulnerabilities they exploit. social media fraudsters

Transcripts for BBCNEWS Hunting the Social Media 20210818 02:59:00

the uk s number one crime is going viral. keep an eye out for the social media fraudsters next time, they could be coming for you.

Transcripts for BBCNEWS Hunting the Social Media 20210818 02:49:00

social media fraudsters have their eyes on our bank accounts. so banks and businesses are fighting back. they ve brought in new systems to verify their customers transactions including the one time passcode. but criminals are finding more and more ways around it. now the one time passcode is essentially sent to your mobile phone so that you can authorise a transaction, but what we know is that criminals are often socially engineering the victim to get that one time passcode, you know. carina schneider knows how easy it is to be caught out. it started with a call she thought was from her bank. they call you telling you your account has been compromised, let s go through security, and they go through security,

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