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Meta Ruling Points to Obligatory VerificationThe European Union all but mandated the use of age verification technologies by large social platforms by provisionally finding that Meta broke digital rules by allowing pre-teens to login. Many European countries are following Australia's lead in raising the minimum age for social media use.
eSafety Regulator Seeks Platform's Policy on Extremist and Child Sexual ContentAustralia regulators on Monday fined social networking company Telegram nearly AU$1 million for delaying its response to questions on how the company regulates violent, extremist and child sexual content on its platform. Telegram was the only social media firm to miss a May 6 deadline.
Social Platforms Also Could Face Stiff Fines for Failing to Protect UsersThe Australian government passed the Scams Prevention Framework law in Parliament to make social media companies, banks and telecommunication companies accountable for scammers using their networks, subjecting them to a maximum of AU$50 million in fines for violations.
Banks Shift Blame to Social Media, Telecoms While Scam Victims Pay the PriceIf you're the victim of a scam in Australia, the chances of being reimbursed for your stolen funds are low. In fact, the AFCA ruled in favor of full reimbursement for victims in only 4.8% of its cases in 2024, highlighting the difficulty consumers face in disputing fraud-related losses with banks.
Banks Shift Blame to Social Media, Telecoms While Scam Victims Pay the PriceIf you're the victim of a scam in Australia, the chances of being reimbursed for your stolen funds are low. In fact, the Australian Financial Complaints Authority ruled in favor of full reimbursement for victims in only 4.8% of its cases last year, highlighting the difficulty consumers face when disputing fraud-related losses with their banks.
Advocacy Groups Call for Government to Regulate Social Media PlatformsThe Australian government is on track to introduce a bill in the Parliament to ban youths under the age of 16 from accessing social media platforms, but critics say age verification technologies are not accurate and a ban may push children into unsafe, less visible parts of the Internet.