Story perspectives

EU Targets Apple, Google to Combat $12.5B Online Fraud

2/22/2026

Summary

Story summary

In September 2026, the European Commission opened Digital Services Act inquiries into Apple and Google to curb online fraud.
The inquiries target online fraud costing U.S. consumers over $12.5 billion in 2024, tied to fraudulent apps and listings.
Critics say focusing on large platforms may miss scams from smaller sites and favor proactive identity verification.
Iryna Bondar-Mucci, senior fraud group manager at Veriff, calls for security across registrars and marketplaces.

1 of 1

Story summary

In September 2026, the European Commission opened Digital Services Act inquiries into Apple and Google to curb online fraud.
The inquiries target online fraud costing U.S. consumers over $12.5 billion in 2024, tied to fraudulent apps and listings.
Critics say focusing on large platforms may miss scams from smaller sites and favor proactive identity verification.
Iryna Bondar-Mucci, senior fraud group manager at Veriff, calls for security across registrars and marketplaces.