Google, Facebook and other big tech companies are jointly designing a system for combating e-mail scams known as phishing. Such scams try to trick people into giving away passwords and other personal information by sending e-mails that look as if they come from a legitimate bank, retailer or other business.
When Bank of America customers see e-mails that appear to come from the bank, they might click on a link that takes them to a fake site mimicking the real Bank of America's. There, they might enter personal details, which scam artists can capture and use for fraud.

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