November 22, 2024

Temu Joins Anti-Phishing Working Group to Combat Online Fraud and Cyber Scams

 Temu Joins Anti-Phishing Working Group to Combat Online Fraud and Cyber Scams
  • The new membership will reinforce Temu’s commitment to protecting its users against phishing and cyber crimes.
  • The company was recently awarded the Mobile Application Security Assessment (MASA) certification by DEKRA.
  • Inclusive of the Middle East, the shopping platform caters to 53 markets around the world.

29 March, 2024

Temu, the affordable e-commerce platform, has announced its membership in the Anti-Phishing Working Group (APWG), a global coalition committed to fighting identity theft and online fraud. Temu now stands alongside tech industry giants like Microsoft and Meta in the battle against phishing and cybercrimes.

Founded in 2003, APWG brings together efforts from leading tech companies, financial institutions such as PayPal, top cybersecurity firms including Symantec and McAfee, and governmental agencies to tackle cybercrime. This collaboration involves exchanging data, conducting research, and launching public awareness campaigns. Phishing, a widespread cybercrime, seeks to illicitly gather sensitive information through deceptive communication channels.

In 2023, APWG documented nearly five million phishing attacks worldwide, a record high that underscores the growing threat.
Through its APWG membership, Temu brings its valuable experience in safeguarding customer data and thwarting impersonation efforts. It also gains access to a wealth of knowledge, including insights into the latest trends in global online threats, details about phishing URLs and emails, and information on malicious IPs and domains. This enhances its capability to better protect its customers. By leveraging a diverse membership that spans various industries and backgrounds, Temu is poised to develop and implement innovative solutions to effectively counter phishing and cybercrime.

“A safe shopping experience is of utmost importance to our customers, especially as we expand into more markets globally,” said a spokesperson from Temu. “Joining APWG underscores our dedication to shielding our users from scams and staying abreast of the latest global best practices in cybercrime prevention.”
Temu’s decision to join APWG is part of its ongoing effort to provide a secure shopping environment for its customers. The platform has experienced significant growth since its inception in the US, and now caters to 53 markets worldwide.

In February, Temu was awarded the Mobile Application Security Assessment (MASA) certification by DEKRA, the world’s leading independent testing organization. This certification highlights Temu’s commitment to enhancing user privacy and security. In November, the platform partnered with the San Francisco-based cybersecurity firm HackerOne to launch a bug bounty program, encouraging ethical hackers to find and report security vulnerabilities. Furthermore, Temu has strengthened login security for its users by implementing multi-factor authentication.