Could Meta do more to protect us from cyber scams?
Summary
A report discusses how small business owners, like a bar owner in New Orleans, often fall victim to online scams. It explores whether large tech companies like Meta (which owns Facebook) could do more to stop cyber criminals from targeting these businesses.Key Facts
- Many small businesses operate online, which exposes them to cyber fraud.
- The report focuses on a New Orleans bar owner who lost $10,000 due to a scam on Facebook.
- The show questions if companies like Meta should better protect small business owners from online scams.
- Cyber criminals target social media accounts to gain access to funds.
- Fact-checking for the report was done by Sierra Juarez.
- The discussion is part of a series that also looks into scam text messages.
- The program "The Indicator from Planet Money" produced this report.
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