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Written question asked by Lord Taylor of Warwick (Non-affiliated) on Wednesday, 2 February 2022, in the House of Lords. It was due for an answer on Wednesday, 16 February 2022. It was answered by Baroness Williams of Trafford (Conservative) on Tuesday, 15 February 2022 on behalf of the Home Office.


Social Media: Fraud

Question

To ask Her Majesty's Government what plans they have to require social media companies to reimburse users who are victims of online fraud.

Answer

We are deeply concerned about the growth and scale of online fraud, and the devastating financial and psychological impact it can have on individuals.

The Online Safety Bill will go far in tackling the threat of online fraud and increasing people's protection from the impact of scams posted on social media apps and dating sites. This includes some of the highest-harm frauds, such as investment and romance scams.

However, we recognise that more must be done and will consider all opportunities to better protect the public. We are committed to tackling those responsible and are working closely with law enforcement, regulators and social media companies to achieve this.


Secondary information

Type
Written question
Reference
HL5904
Session
2021-22
Subjects
Fraud Internet Victims Repayments Social media
Link
View this Written question on www.parliament.uk