13min chapter

Fintech Insider Podcast by 11:FS cover image

917. News: 'Black Fraud Day' warning for shoppers and Revolut hits the big 5-0

Fintech Insider Podcast by 11:FS

CHAPTER

Navigating Black Friday and Online Fraud

This chapter examines the dangers of online shopping during Black Friday, highlighting the surge in fraud and the tactics employed by scammers, including artificial intelligence. It emphasizes the shared responsibility of consumers and cybersecurity professionals in preventing fraud, while discussing the significant impact of social media platforms on scam prevalence. Additionally, the conversation outlines recent regulatory changes and the need for improved collaboration between banks and tech companies to enhance consumer protection and combat fraud effectively.

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