Britain brings tough online safety measures into force, gives tech giants three months to comply
Publishing timestamp: 2024-12-16 07:39:20
Summary
Ofcom published its first-edition codes of practice and guidance for tech firms to tackle illegal harms on their platforms under the Online Safety Act. Tech platforms have until March 16, 2025, to complete illegal harms risk assessments and implement measures to prevent such risks. Failure to comply could result in fines of up to 10% of global annual revenues and possible jail time for senior managers. The regulations aim to combat harmful content such as terrorism, hate speech, fraud, and child sexual abuse online.
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Keywords: breaking news: technology, technology, business news, meta platforms inc, breaking news: politics, politics,
Source: https://www.cnbc.com/2024/12/16/britains-ofcom-brings-tough-online-safety-act-duties-into-force.html