In a significant move, Ofcom, the UK’s communications regulator, has issued a stark warning to social media companies regarding their upcoming online safety obligations. This comes after a recent incident in which misinformation about a stabbing in Southport sparked racist riots throughout the UK.
Ofcom’s warning emphasizes the need for social media platforms to take immediate action to prevent the spread of harmful content on their sites. The regulator has made it clear that it will be closely monitoring the companies’ efforts to comply with the new online safety laws, which are set to come into effect later this year.
Under the new laws, social media companies will be required to take proactive measures to prevent the spread of illegal content, including hate speech, terrorism, and child sexual exploitation. They will also be required to report transparency on their efforts to tackle online harms.
Ofcom’s warning comes after a series of high-profile incidents in which social media platforms have been criticized for their role in spreading harmful content. The regulator has made it clear that it will not hesitate to take enforcement action against companies that fail to comply with the new laws.
The Consequences of Non-Compliance
Social media companies that fail to comply with the new online safety laws face significant consequences, including fines of up to £18 million or 10% of their global turnover. Ofcom also has the power to suspend or withdraw a company’s operating license if it fails to comply with the regulations.