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T&S Early Warning News
Get ahead of new stories that are impacting the T&S industry.
Meta speaks out about tackling Facebook scam ads in Malaysia
Marketing Interactive | April 12, 2022
Company Listed: Meta, Facebook
Meta has spoken up about a series of scam ads allegedly appearing on its Facebook platform. The ads, which were brought to light by content platform SoyaCincau, had attempted to pass off as real ads from The Star and the Sun daily. These ads were reportedly finance-related and made promises about ways to earn money without paying taxes or owning a luxury car. According to SoyaCincau, logos and names of The Star and the Sun daily were used to pass off as legitimate ads. However, the URL used in the ads were different from the actual version - Thestarasia.co, Thestarpage.site, and Thestarblog.co.
These URLs take users to a website that resembles The Star, in particular, accompanied by bylines to ensure the page seems legitimate. However, upon clicking any of the links on the website, users are taken to the gambling website of Me88.
Instagram ‘negligent’ over harassment in women’s DMs, study claims
Fox6now | April 11, 2022
Company Listed: Instagram
Direct messages are the mostly unseen side of social media. They’re private, individualized and personal — and a new study found they’re also often filled with hate and abuse that goes unchecked.
The Center for Countering Digital Hate (CCDH) combed through thousands of direct messages sent on Instagram to women with high-profile accounts and found that not only did Instagram make it hard in some cases to report the abuse, but that Instagram also failed to act on 90% of researchers’ incident reports.
Instagram impersonation fraud up by 155% as organised crime continues to thrive on social media
Inews | April 12, 2022
Company Listed: Instagram, Social Media
Impersonation scams on Instagram have risen in recent times, contrasting with a drop in frauds taking place on Snapchat and Facebook, according to Lloyds Bank.
Reports of impersonation fraud originating on Instagram rose 155 per cent in the 12 months to March 2022, compared to the previous 12 months.
The uplift means Instagram has become the new battleground between the public and the organised criminal gangs who perpetrate fraud on a mass scale, the lender claimed.
"This Windows malware aims to steal your social media passwords. Hackers are trying to steal passwords for social media accounts - and that's most likely through malware hidden in cracked versions of software."
Zdnet | April 12, 2022
Company Listed: Social Media
Cybersecurity researchers at Zscaler are warning about malware dubbed FFDroider that is designed to steal usernames and passwords, along with cookies from infected Windows computers.
FFDroider is mainly focused on stealing login credentials for social media websites, including Facebook, Instagram and Twitter, but it also steals passwords for Amazon, eBay and Etsy accounts. The malware can steal cookies from Google Chrome, Mozilla Firefox, Internet Explorer and Microsoft Edge browsers.
LinkedIn apologizes for labeling Air Force vet’s post as ‘hate speech’
NY Post | April 11, 2022
Company Listed: LinkedIn
LinkedIn reversed course on Monday and reinstated an Air Force veteran’s post about student loans and apologized for labeling the innocuous statement as “hate speech.”
“Freedom has been secured with our blood, sweat, lives and tears,” the veteran, Gretchen Smith, told Fox News. “Every American has a duty to protect our freedoms.”
She added: “I am grateful LinkedIn reinstated our account. Now we can resume focusing on veterans in crisis/need.”
Metaverse: These are the unsettled legal issues users and companies could face
Finance Yahoo | April 11, 2022
Company Listed: Social Media
Yahoo Finance’s Alexis Keenan joins the Live show to discuss legal issues and the regulatory outlook for the metaverse.
Video Transcript
BRIAN CHEUNG: OK, let's say hypothetically, you did something bad in the Metaverse. I'm just asking for a friend. Let's say you did something maybe that wouldn't be considered a good thing to do in the real verse. What's your recourse? Is there any consequence? Is there a court? Is there a law enforcement agency in Decentraland or in any other Metaverse?
Let's bring in Yahoo Finance's Alexis Keenan, who's been looking into that question, because, obviously, a lot of gray area around this new space here. Is it like Maritime law, Alexis, or are there just no rules out there right now? Give us a breakdown.
T&S Policies & Regulations
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European Digital Compliance: Key Digital Regulation & Compliance Developments - April 2022
Jdsupra | April 11, 2022
Company Listed: Social Media
To help organisations stay on top of the main developments in European digital compliance, Morrison & Foerster’s European Digital Regulatory Compliance team reports on some of the main European digital regulatory and compliance developments that have taken place in the first quarter of 2022 – and we look forward to what to expect in forthcoming months.
This follows on our previous updates on European digital regulation & compliance developments for Q1, Q2, Q3 and Q4 of 2021.
Public figures back new online safety laws after suffering from abuse online
Shponline | April 11, 2022
Company Listed: Social Media
Public figures who have suffered online abuse, including Carol Vorderman, Peter Andre and Amber Gill, have come out in support of world-leading online safety laws following an exclusive discussion recorded at the Science Museum, London.
Digital Secretary Nadine Dorries met with several celebrities such as Emily Clarkson, ex-footballer Anton Ferdinand, The Voice finalist Okulaja, model and influencer Fadhi Mohamed, Olympic javelin thrower Tessa Sanderson and former Love Island contestant Sharon Gaffka to discuss how new online safety laws will protect people from trolls and cyberbullying and hold tech companies to account.
Online Harm, Hate and Illegal Content: UK Adds to Online Safety Bill
Jdsupra | April 11, 2022
Company Listed: Social Media
The UK government has introduced its Online Safety Bill to Parliament. The new Bill was amended at the last minute to include new online offences and greater obligations on technology providers to do more to prevent “harmful but not illegal” online activity.
Ever since the UK government first published its draft Online Safety Bill (the “Bill”) in June 2021, the merits and faults of the proposed new regime have been fiercely debated on a global stage. But between first publication and, now, the first formal step on the legislative journey, the Bill has been strengthened by the addition of a range of further online offences and obligations on digital service providers to do more to prevent online harm.