, 5 tweets, 2 min read Read on Twitter
Lobbyists working to weaken data privacy bills in statehouses and on the Hill are defending a corrupt and fraudulent business model incapable of preventing tens of billions of dollars from being stolen by bad guys. adage.com/article/digita…
We wonder why Facebook has more fake users than real users. We wonder why Twitter is infested with bots. We wonder why local newspapers are becoming an endangered species. Adtech fuels adfraud by funding multibillion dollar dark market in R&D for botcraft and anti-fraud evasion.
Fraudsters can buy browser fingerprints hacked from users to evade fraud detection. No wonder the adtech industry can’t agree on how much fraud is out there. Cheating is cheap when our data leaks by default.
Advertiser money now pouring into podcasting, chasing quality (aka humans). However, fraudsters chase the spending. As marketers demand “metrics” expect fraudsters to exploit them. Keeping podcasting privacy-safe/metrics-blind will keep fraudsters away. wsj.com/articles/marke…
The Adfraud Paradox: Advertisers demand invasive metrics to reduce their perceived waste. Fraudsters abuse these metrics to steal money. Not only are billions of dollars wasted but it goes to criminal enterprises. Tolerate some waste to reduce fraud and protect user data privacy.
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