It typically involves social engineering techniques to deceive victims into believing that they are making legitimate payments or transfers.
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Meanwhile, UK Financeclaimsthat criminals stole485.2mnthrough APPs last year alone.
It did impose a duty of care on large platforms to protect users from fraud and other negative content.
Story byLinnea Ahlgren
Linnea is the senior editor at TNW, having joined in April 2023.
Dabbles in gaming and fitness wearables.
But first, coffee.
