XXXX and XXXX have joined the Global Signal Exchange (GSE) as part of the global collaborative fightback against online scammers. The speed with which brands are joining the Global Signal Exchange coincides with the scale of the threat from online criminals and abuse. Online scams have a devastating impact on people’s lives worldwide and cause real-world harm to users: The current annual cost of cybercrime is estimated to be $8.6 Billion globally, and rising. Data from OXIL suggests that the average person now receives around 240 scam emails or texts a year, with one in eight receiving double this.
