The government is planning to consult on measures to tackle online fraud ‘later this year’, admitting the scale of the scam problem is ‘deeply concerning’.
In a written statement, Caroline Dinenage, minister of state for digital and culture, said the government was working with the industry, regulators and consumer groups to tackle fraud, adding that the “growth and scale of online pensions scams, and online fraud more broadly, is deeply concerning”.
As part of this, Dinenage said the government was considering additional legislative and non-legislative solutions to address the harms posed by online fraud in a “cohesive and robust way”.
For example, the Department for Digital and Culture is considering how online advertising is regulated through its online advertising programme.
Dinenage said: “This work will look at ensuring that standards about the placement and content of advertising are effectively applied and enforced online to…