How Facebook Is Fighting Back Against Financial Scams

The social network is combining machine learning and trained reviewers

Facebook is turning to machine learning to help protect its users from financial scams and the fake accounts that spread them, saying that it took action against more than 500,000 accounts in March.

Product manager Scott Dickens explained in a note that the social network is using previously confirmed scams to help train its machine learning models, saying that it looks for “instances where people are reaching out to others far beyond their typical network of connections, or in unusually large volumes,” as well as similar behavior patterns.

Its

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