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Understanding the Context

Forbes: Meta, Social Media Scams, A $16 Billion Crisis: What You Need To Know Meta, Social Media Scams, A $16 Billion Crisis: What You Need To Know Social media giant Meta expected about 10 percent of its 2024 revenue, roughly $16 billion, to come from running ads for scams and banned goods, according to internal projections reported by Reuters. The Star: Thailand's data watchdog sounds top alert over Booking.com booking scams Digital security experts are sounding the alarm over a surge in radar fine SMS scams, warning that the schemes are becoming more sophisticated and may be linked to actors operating outside the country ... Many people think scams mostly affect older adults. But reports to the FTCโ€™s Consumer Sentinel tell a different story: anyone can be scammed.

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