Google on Wednesday announced a new partnership with the Global Anti-Scam Alliance (COMPETITION) and the DNS Research Federation (DNS of the Russian Federation) to fight online fraud.
The initiative, codenamed Global Signal Exchange (GSE), is designed to generate real-time insights into fraud, fraud and other forms of cybercrime by combining threat signals from multiple data sources to create greater visibility into cybercriminals.
“By joining forces and creating a centralized platform, the GSE aims to improve the sharing of abuse alerts, enabling faster identification and stopping of fraudulent activities across sectors, platforms and services,” Google. said in a blog post shared with The Hacker News.
“The goal is to create a user-friendly, efficient solution that works at the scale of the Internet and is available to relevant organizations, with GASA and the DNS Research Federation managing access.”
The tech giant said it has shared more than 100,000 bad merchant URLs and more than 1 million scam alerts to be fed into the data platform, and that it intends to provide data from other products.
“We know from experience that fighting fraud and the criminal organizations behind it requires close cooperation between industry, business, civil society and governments to fight criminals and protect users,” it added.
Google also took the opportunity to point this out Cross-account protection was is used to protect 3.2 billion users on sites and apps where they sign in to their Google Account. As a next step, the company said it is partnering with Canva, Electronic Arts, Indeed and Microsoft-owned LinkedIn.
Development takes place one week after the Meta said that it is teaming up with UK banks to tackle fraud on its platforms through a partnership program called the Fraud Intelligence Reciprocal Exchange (FIRE).
