Consumer advocacy group CHOICE has called out five businesses in its annual Shonky Awards, with social media company Meta taking top billing for not doing enough to protect users from scams.
, with social media company Meta taking top billing for not doing enough to protect users from scams.
WhatsApp, Facebook and Instagram combined accounted for 76 percent of all reported losses to scams originating on social media in 2023, CHOICE said. "The protections that Meta is offering its users have not kept pace with the increased threat of scams consumers now face every day."Insurance companies were also put under the Shonky Awards spotlight this year for their treatment of single parents.
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