A plan backed by the United Nations has brought together a number of big companies to work together to fight the growing problem of online fraud. The new agreement also calls on governments to make prevention a national priority. Online fraud is still at an all-time high, so we need to find new ways to deal with it.

The most recent one happened this month at the UN Global Fraud Summit, where eleven big companies signed the Industry Accord Against Online Scams and Fraud. This is a joint effort to fight fraud that "impacts billions of users across the globe." Related: Cyberattackers Don't Care About Good Causes The people who signed the agreement knew that more and more advanced fraud schemes need a joint response, but prevention needs to go beyond the private sector.

"We ask governments to officially make scam prevention a national priority and give it the resources it needs," the agreement said. ## Hackers Take Advantage of the Most Popular Platforms The people who signed are not new to fraud, either directly or indirectly. She adds that online scams and fraud are too big and too connected for any one company or sector to fix on its own.

This shows how important it is for people to learn from each other and share information. Lindemoen tells ZeroOwl, "Fraud doesn't care about company boundaries." "A gift card scam that hit one big store this week is almost certainly also being tried against other stores at the same time.

The faster intelligence moves through the sector, the quicker companies can act, and the less time everyone has to be exposed. "## Is Help from the Government Coming? The public sector also needs to help stop fraud.