EU Presses Apple, Google, and Microsoft Over Efforts to Combat Online Financial Scams

The European Union has requested detailed information from Apple, Google, and Microsoft on how the tech giants are addressing the growing problem of online financial scams.

Regulators in Brussels say they want greater transparency about the measures being taken to detect and prevent fraud on digital platforms. The inquiry comes as European consumers continue to face rising cases of investment fraud, phishing schemes, and fake advertisements linked to social media and search engines.

According to EU officials, the goal is to ensure that platforms with significant influence over digital markets are taking responsibility for protecting users. The request is being made under the Digital Services Act (DSA), a landmark law designed to hold major online companies accountable for the safety and integrity of their services.

Apple, Google, and Microsoft have not yet issued detailed public responses, though all three companies have previously highlighted their investments in content moderation, artificial intelligence tools, and partnerships with regulators to combat fraud.

Analysts say the EU’s move reflects a broader effort to tighten oversight of Big Tech, with financial scams now viewed as a serious threat to consumer trust and market stability in Europe.