Google and FS-ISAC collaborate to combat financial fraud by introducing a dedicated Financial Services branch under Google’s Priority Flagger Programme.
FS-ISAC manages a channel for members to report fraud and malicious activity involving Google platforms, streamlining the process for identifying and mitigating threats.
During the pilot phase, 21 suspicious accounts were flagged, leading to action on 288 abusive accounts by Google within ten days.
The collaboration aims to provide all FS-ISAC member institutions with streamlined reporting tools, resources, and support to enhance cybersecurity and fraud prevention.