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The European Union is preparing to look into whether Apple and other major tech companies are doing enough to prevent online financial fraud.
Image Credit: European Union
Online fraud is a major problem for consumers, and one that the EU thinks big tech companies should do more to stop. As part of efforts to control and manage the influence of big tech in general, the EU is now looking into whether they should help police the Internet itself.
Regulators across Europe will be sending requests to companies, including Apple, Google, and Microsoft, as well as Booking Holdings, about fraud prevention. The EU Executive Vice President of the European Commission for Technological Sovereignty, Security, and Democracy, Henna Virkkunen, confirmed the requests were heading out, under powers derived from the Digital Services Act.
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