Measures to protect consumers from electronic fraud and enhancement of transactions security, Dimitris Tsiodras is asking for a question to the European Commission.

Specifically, he asks the Commission that it will help address these threats and promote technological capabilities of identifying such incidents and whether it is considering the creation of a European platform for the exchange of information between providers and the competent national authorities on scams.

The New Democracy MEP and Press Spokesman stresses that many EU citizens have been victims of organized cyberspace criminals, who use phishing techniques through electronic messages or on social media to deceive people with the aim of deceiving people to deceive people. to reveal their security codes.

He emphasizes that “the ability to perform direct payments in combination with the use of artificial intelligence exacerbates the risk of fraud and fracture through imitation of voice or even creating fake videos with the aim of deceiving and transferring money to another account.”

It adds that the total value of fraud in the basic means of payments is estimated to be € 4.3 billion in 2022.

He concludes by asking the Commission on how he intends to ensure that all parts of the chain such as payment service providers, telecommunications services and digital platforms will contribute to dealing with such attacks.

Following the text of the question:

‘Question by requesting a written response to the committee

Subject: Consumer Protection from electronic scams and enhance e -transaction security

Several EU citizens have been victims of organized cyberspace criminals who use phishing techniques through emails or social media to deceive people by pushing them to reveal their security codes.

At the same time, the ability to perform direct payments coupled with the use of artificial intelligence exacerbates the risk of fraud and fake voice by imitation of voice or even creating fake video with the aim of deceiving and transferring money to another account.

It is estimated that the total value of fraud in the basic means of payments amounted to € 4.3 billion for 2022.

The Commission is asked:

  1. What does it intend to do to protect consumers from such practices with an emphasis on adapting to emerging challenges and threats and promoting technological capabilities of payment fraud?
  2. Does it look at the possibility of creating a European platform to exchange information about fraud between providers and authorities responsible for combating cross -border fraud?
  3. How does it intend to ensure that all parts of the chain such as payment service providers, telecommunications services and digital platforms will contribute to dealing with such attacks? “