The Top 10  Most Difficult Countries for Identity Verification

The Top 10  Most Difficult Countries for Identity Verification

Download Report

GDPR Phishing Scams – A Novel Trap to Scoop up Information

GDPR Phishing Scams A Novel Trap to Scoop up Information

General Data Protection Regulation (GDPR), an EU regulation comes into force on 25 May 2018 and aims to provide users with more control over their online data. 

It is ironic that the aim of GDPR is violated by the scammers in an unexpected way i.e. GDPR phishing scams. 

What are GDPR phishing scams?

To comply with the GDPR requirements, organizations send emails to customers to ask permission to use or retain their data. If customers give their consent, organizations keep those customers on the mailing lists. It was streamlined before the cybercriminal opportunists emerged. They take advantage of the deluge of GDPR emails and arrive in the inboxes of naive customers. Flood of messages is sent from the websites where customers have registered themselves previously and are supposed to resend a consent via email. From there web scraped emails, the personal details are stolen and used in malevolent activities. Criminals trick consumers through such phishing emails and grab credit card details, passwords, and personal information. 

EU GDPR regulation is applicable to all EU residents. They are supposed to strictly follow the GDPR requirements, therefore the emails are sent by the companies far and wide. Scammers use these emails to fool the customers. A large number of phishing scams have surfaced in the past few months. The regulation whose purpose is to secure the data of online users has turned turtle and became the trick to violate privacy. 

Apple Phishing Scam

Phishers impersonate reputable companies and familiar brands because there are higher chances that the recipients will respond to the emails from such email addresses or they would definitely have registered at such websites. Apple is one of those famous brands. 

The attackers sent GDPR phishing emails to users and asked to log in to a fake Apple site. These emails appear as if they belong to a legitimate Apple website and fool the victims by saying, ‘due to unusual circumstances, their account has been limited and need to update the credit card credentials’. At the end of the email, a link is given and when a click stroke is done, it is redirected to a website that seems a real website but is actually a phishing attack. Once the user enters the account credentials, the Apple account is taken over by the attacker where they find all the possible personal and financial information of the user. At the time victims report against the website, the fake website was offline which gets hard to track. 

Airbnb Phishing Scam

The GDPR email phishing scams are predominantly targeting the email addresses of well-known companies. Airbnb has also been subjected to these attacks. After the GDPR compliance requirements, Airbnb started sending legitimate emails to its customers to comply with the policies. Fraudsters took advantage of these emails and send phishing emails to Airbnb users. It seems that email is from a customer support office of Airbnb but these are actually the fraudulent messages whose aim is to steal the customer data for illegal purposes. These sophisticated emails had different URLs, grammar mistakes, spelling mistakes, threatening language and request to update the credentials. After such phishing incidents, Airbnb asked its customer community to verify these emails if they look suspicious.

These two main scams have come onto the surface which explicitly delineates the email malware which is fooling the customers of trusted brands. More such cases can also appear in the future that can directly or indirectly affect the lives of people and organizational reputations. Therefore, such brazen attempts and ransomware attacks should be curbed by logging into the official websites to verify request emails.

Recommended for you:

GDPR

Related Posts

Blog

Customer Due Diligence – Risk Scoring of Fraudsters to Prevent Crimes

As per the research of The Journal of Accountancy, fraudsters carry out crimes for two reasons: n...

Customer Due Diligence – Risk Scoring of Fraudsters to Prevent Crimes Explore More

Blog

Ensuring Compliance and Securing Business Reputation – How Shufti Can Help

In the highly digitized world, businesses are partnering with each other to serve mutual interest...

Ensuring Compliance and Securing Business Reputation – How Shufti Can Help Explore More

Blog

Cryptocurrency Market and Financial Crimes: How to Handle Transaction Monitoring

The adoption of cryptocurrencies by both individuals and businesses has exploded in the last 12 m...

Cryptocurrency Market and Financial Crimes: How to Handle Transaction Monitoring Explore More

Blog

Top 6 Reasons Why RegTech Will Improve AML Compliance

Global fines imposed to deter money laundering increased by 50% in 2022,  alarming businesses tha...

Top 6 Reasons Why RegTech Will Improve AML Compliance Explore More

Blog, Online Marketplace

Why age verification matters to online businesses?

Identity verification services are fast becoming a business norm for companies that are enthusias...

Artificial Intelligence, Blog

How Augmented Intelligence is next stop in ID Verification Services?

Augmented intelligence (AI), also referred to as intelligence augmentation (IA) and cognitive aug...

How Augmented Intelligence is next stop in ID Verification Services? Explore More

Blog

The US Corporate Transparency Act – What’s New? [December 2022]

Generally, small to medium businesses in the US continue operating without disclosing the benefic...

The US Corporate Transparency Act – What’s New? [December 2022] Explore More

Blog, Business Technology

Why is Libra Cryptocurrency The Most Trending Thing Right Now?

The universe of crypto revolves around an aversion to a central financial authority. The financia...

Why is Libra Cryptocurrency The Most Trending Thing Right Now? Explore More

Blog

Address Verification: The Cornerstone of Elevating Customer Experience

Today’s highly emerging technology is changing the way consumers shop online products. Given the ...

Address Verification: The Cornerstone of Elevating Customer Experience Explore More

Blog

5 Reasons to Invest in Intelligent Character Recognition Services

Businesses deal with a plethora of documents, ranging from accounting and finance to sales and ma...

5 Reasons to Invest in Intelligent Character Recognition Services Explore More

Blog

Effective AML Compliance – Top 5 Tips for Businesses in Australia

Given the significant increase in money laundering and terror financing activities, many countrie...

Effective AML Compliance – Top 5 Tips for Businesses in Australia Explore More

Blog

Addressing Business Challenges Using OCR Scanner

OCR text recognition is similar to how humans process and store information through reading. The ...

Addressing Business Challenges Using OCR Scanner Explore More

Blog

Trade based money laundering – Challenges, detection and prevention

Back in 2006, Financial Action Task Force (FATF) emphasised on new measures and strategies for ba...

Trade based money laundering  – Challenges, detection and prevention Explore More

Blog

Understanding Digital Identity

What is Digital Identity? In the digital world, your identity is made up of your p...

Understanding Digital Identity Explore More

Blog

Digital Age Verification replacing Age Gates for better compliance

Age verification is one of the trending snd sensitive topics these days, especially in the busine...

Digital Age Verification replacing Age Gates for better compliance Explore More

Blog

Fighting Financial Crimes and Securing Gambling Services with Shufti’s AML Screening Solution

Historically, the measures to curb money laundering and terrorist financing had only been only im...

Fighting Financial Crimes and Securing Gambling Services with Shufti’s AML Screening Solution Explore More

Blog, Financial Crime / AML, Identity & KYC

All You Need To Know About KYC Compliance

Financial crimes are increasing at an immense pace. As per the United Nations Office of Drugs and...

All You Need To Know About KYC Compliance Explore More

Blog

Document Authentication | Streamlining Onboarding, Compliance & Fraud Prevention

Before the world experienced digitisation due to the advent of smartphones, fast-speed internet, ...

Document Authentication | Streamlining Onboarding, Compliance & Fraud Prevention Explore More

Blog

DSAR Under GDPR and CCPA – Understanding the Key Differences

Data protection is one of the key concerns of organisations these days. For the same reason, data...

DSAR Under GDPR and CCPA – Understanding the Key Differences Explore More

Blog

The Worldwide Response on Covid Vaccine Passports – A Brief Insight

One question that is being asked around the world with great urgency is, would freedom be granted...

The Worldwide Response on Covid Vaccine Passports – A Brief Insight Explore More

Blog

AML Screening – Solution for Luxury Goods Market to Fight Financial Crimes

Luxury goods and high-valued assets are frequently but not always found at the integration stage ...

AML Screening – Solution for Luxury Goods Market to Fight Financial Crimes Explore More

Blog

How Online ID Verification Supports Age-restricted Sellers?

The online stores selling age-restricted products like gaming services, medicine or drugs are in ...

How Online ID Verification Supports Age-restricted Sellers? Explore More

Blog

Top 10 Questions about AML Compliance Answered by the CTO of Shufti

The regulatory landscape is changing with time and a number of questions are arising. AML complia...

Top 10 Questions about AML Compliance Answered by the CTO of Shufti Explore More

Blog

The UK, US & Singapore – A Spotlight on the Crypto Regulations

Non-compliance with anti-money laundering regulations has been an issue for the finance and crypt...

The UK, US & Singapore – A Spotlight on the Crypto Regulations Explore More

Blog

How Artificial Intelligence is taking ID verification to the next level?

Identity theft is deemed as a growing problem. Particularly with the increase in online shopping,...

How Artificial Intelligence is taking ID verification to the next level? Explore More

Blog

Art Market in the Frame of Money Laundering

The highly volatile finance and crypto sector is not appealing for many investors, so they turn t...

Art Market in the Frame of Money Laundering Explore More

Blog

Top 5 Non-banking Industries in the Crosshairs of Financial Criminals

The first half of 2021 saw significant disruption in the financial world as traditional criminal ...

Top 5 Non-banking Industries in the Crosshairs of Financial Criminals Explore More

Blog

The Importance of KYC and AML Compliance in the APAC Region

According to recent studies, over the past three years, more than ever, sanctions have been impos...

The Importance of KYC and AML Compliance in the APAC Region Explore More

Artificial Intelligence, Blog, Fraud Prevention

The Role of Artificial Intelligence in the Future Of Financial Fraud Detection

Until a few years ago Artificial Intelligence seemed like a thing from sci-fi movies. The whole c...

The Role of Artificial Intelligence in the Future Of Financial Fraud Detection Explore More

Blog

How Online ID Verification Supports Age-restricted Sellers?

The online stores selling age-restricted products like gaming services, medicine or drugs are in ...

How Online ID Verification Supports Age-restricted Sellers? Explore More

Blog

Top 5 Reasons to Incorporate Identity Verification into Your Hiring Process

From widespread layoffs to the urgency of hiring as soon as possible, the job market has drastica...

Top 5 Reasons to Incorporate Identity Verification into Your Hiring Process Explore More

Blog

AML Screening – Solution for Luxury Goods Market to Fight Financial Crimes

Luxury goods and high-valued assets are frequently but not always found at the integration stage ...

AML Screening – Solution for Luxury Goods Market to Fight Financial Crimes Explore More

Blog

The Vicious Cycle of Money Laundering in the Gambling Industry

Money launderers opt for various channels to obscure the origins of their illegally obtained fund...

The Vicious Cycle of Money Laundering in the Gambling Industry Explore More

Blog

The Role of KYC Protocols in Safeguarding the Future of Cryptocurrency

Despite volatility in the crypto sector, millions of individuals access their services worldwide....

The Role of KYC Protocols in Safeguarding the Future of Cryptocurrency Explore More

Blog

ETSI Identity Proofing Standard – How to Meet the New Regulations

Rapid digitization trends have led banks and financial institutions into competition for providin...

ETSI Identity Proofing Standard – How to Meet the New Regulations Explore More

Blog, Financial Crime / AML

Challenges of AML Compliance under FinCEN

AML Compliance for US based Cryptocurrency companies has been tightened by Financial Crimes Enfor...

Challenges of AML Compliance under FinCEN Explore More

Blog

UAE Government Stepping Up Against Prevalent Crimes

The UAE is known for being home to flourishing businesses and providing a significant level of fi...

UAE Government Stepping Up Against Prevalent Crimes Explore More

Blog, Online Marketplace

Why age verification matters to online businesses?

Identity verification services are fast becoming a business norm for companies that are enthusias...

Blog

Significance of Facial Recognition Technology in FinTech Fraud Detection

Compliance with Anti-Money Laundering (AML) requirements is challenging for financial organisatio...

Significance of Facial Recognition Technology in FinTech Fraud Detection Explore More

Blog

Fighting Prevailing Crimes in Gaming Industry with Shufti’s Anti-Money Laundering Screening Solution

Modern gaming is the most recent evolution of this industry that has become the attraction of glo...

Fighting Prevailing Crimes in Gaming Industry with Shufti’s Anti-Money Laundering Screening Solution Explore More

Blog

Online Identity Verification – The Hallmark of Surviving the Digital Upheaval

Embracing the digital world seems like entering uncharted waters where the challenges are novel, ...

Online Identity Verification – The Hallmark of Surviving the Digital Upheaval Explore More

Blog

AML Screening – Combating Money Laundering in Luxury Vehicle Dealings

Financial criminals usually look for priceless items like art, antiquities, as well as luxury veh...

AML Screening – Combating Money Laundering in Luxury Vehicle Dealings Explore More

Blog

KYC/AML Compliance – A Roadblock for Money Mules and Illicit Fund Transfers

Cybercrimes are becoming increasingly complex and diverse in the era of digitization, with frauds...

KYC/AML Compliance – A Roadblock for Money Mules and Illicit Fund Transfers Explore More

Blog

How to protect your online gaming platform from ID frauds?

Gone are the days when online gaming was only restricted to LAN parties. With the development of ...

How to protect your online gaming platform from ID frauds? Explore More

Blog

Five Things you Need to Know About Shufti’s Digital Identity Verification

The growing digital fraud, stringent KYC and AML regulations put in place, and the increasing bur...

Five Things you Need to Know About Shufti’s Digital Identity Verification Explore More

Blog, Identity & KYC

Why does ID verification fail?

Know Your Customer (KYC) encompasses an array of practices implemented within organisations to de...

Why does ID verification fail? Explore More

Anti Money Laundering, Blog, Financial Crime / AML, Reg Tech

EU’s Sixth Anti-Money Laundering Directive (AMLD6)

Summary: Sixth Anti-Money Laundering Directive (AMLD6) highlights a stringent framework to combat...

EU’s Sixth Anti-Money Laundering Directive (AMLD6) Explore More

Blog

Identity verification for fair and free US elections amid COVID-19

US Elections 2020 is the talk of the town these days. But with COVID-19 pandemic going on how wil...

Identity verification for fair and free US elections amid COVID-19 Explore More

Blog

All You Need to Know About Facial Recognition

Rapid digitisation over the past few years has led to the adoption of facial recognition for many...

All You Need to Know About Facial Recognition Explore More

Blog

AML Non-Compliance Penalties Soaring Sky High in the First Half of 2021

After the skyrocketing fines and penalties on banks for AML non-compliance in 2020, the year 2021...

AML Non-Compliance Penalties Soaring Sky High in the First Half of 2021 Explore More

Blog, Identity & KYC

KYC and AML Compliance can help cryptocurrencies to earn legitimacy

Cryptocurrencies are currently limited in use by virtual currency enthusiasts or by lottery bidde...

KYC and AML Compliance can help cryptocurrencies to earn legitimacy Explore More

Blog

Working from Home Spikes Demand for Digital Identity Verification

Due to the Coronavirus Pandemic, many businesses are grounded or are enforced to work from home. ...

Working from Home Spikes Demand for Digital Identity Verification Explore More

Blog

NFT Trading and Money Laundering – How Shufti’s AML Screening Helps Combat Financial Crimes

With revolutionary technologies and growing digitization, the digital version of artworks known a...

NFT Trading and Money Laundering – How Shufti’s AML Screening Helps Combat Financial Crimes Explore More

Blog

The ‘What’ and ‘How’ of Address Verification Service

The rising number of chargebacks and other fraudulent activities has led organisations to develop...

The ‘What’ and ‘How’ of Address Verification Service Explore More

Blog

10 Frequently Asked Questions about Real-time Document Verification

As we’re propelled deeper into digital transformation, techniques employed by scammers are ...

10 Frequently Asked Questions about Real-time Document Verification Explore More

Blog

What To Consider When Implementing Forensic Document Verification Services

As the demand for digital products and services has skyrocketed, so does the need for verificatio...

What To Consider When Implementing Forensic Document Verification Services Explore More

Blog

Curbing Real Estate Crimes and Hunting Down Russian Investors with Shufti’s AML Screening Solution

The real estate industry has become attractive to money launderers in the same way it is to any l...

Curbing Real Estate Crimes and Hunting Down Russian Investors with Shufti’s AML Screening Solution Explore More

Blog

5 Ways Facial Biometric Technology Elevates Customer Retention

Today, biometric technology is known for its ease of use and reliability. Facial biometrics have ...

5 Ways Facial Biometric Technology Elevates Customer Retention Explore More

Blog

40 recommendations of FATF – Shaping the future of your business

Financial Action Task Force or simply FATF is an active global authority that never fails in surp...

40 recommendations of FATF – Shaping the future of your business Explore More

Blog

Covid Report Verification: New Restriction for Airports

The Covid-19 cases have drastically increased over time and as of February 6, 2021, 18,262 new ca...

Covid Report Verification: New Restriction for Airports Explore More

Blog

AML Compliance – Identifying the Red Flags Money Laundering in the Real Estate Sector

Purchasing real estate is an attractive way for money launderers to legitimise larger amounts of ...

AML Compliance – Identifying the Red Flags Money Laundering in the Real Estate Sector Explore More

Blog

How Transaction Monitoring Can Ensure Secure Online Services

A safe and comprehensive transaction monitoring system is increasingly important in an era charac...

How Transaction Monitoring Can Ensure Secure Online Services Explore More

Blog

KYC Verification Process – 3 Steps to Know Your Customer Compliance

Did you know there are three key components to KYC? The entire identity verification procedure en...

KYC Verification Process – 3 Steps to Know Your Customer Compliance Explore More

Blog

First-party, Second-party and Third-party Frauds – How to Stop them?

Most businesses don’t lose customers because of poor services but due to weak security measures. ...

First-party, Second-party and Third-party Frauds – How to Stop them? Explore More

Anti Money Laundering, Blog, Financial Crime / AML, Identity & KYC

Know Your Business-Pillar of Strength To AML Regulations

Moving in the world of technology, where every industry is going digital, there has been very les...

Know Your Business-Pillar of Strength  To  AML Regulations Explore More

Blog

Metaverse and Meta Criminals – Is it Possible to Secure Identities with IDV?

Ever since Mark Zuckerberg changed Facebook’s name to Meta, the acronym “metaverse” has taken ove...

Metaverse and Meta Criminals – Is it Possible to Secure Identities with IDV? Explore More

Blog

GDPR Checklist – Practices to adopt as Business Norms

It’s been a little over eight months since the GDPR came into effect on 25 May 2018. From that po...

GDPR Checklist – Practices to adopt as Business Norms Explore More

Blog

5-Steps to Improve Customer Due Diligence Process

The digital age has witnessed a new wave of financial fraud. It is estimated that $4.7 trillion o...

5-Steps to Improve Customer Due Diligence Process Explore More

Blog

A Basic Guide to Smurfing and the Role of AML in Combating It

Scammers employ various strategies to conceal illegally acquired funds, and one increasingly prev...

A Basic Guide to Smurfing and the Role of AML in Combating It Explore More

Blog

Evaluating the Potential of Digital ID Verification Systems in 2022

Identity fraud and synthetic identities are skyrocketing and collectively account for a loss of ​...

Evaluating the Potential of Digital ID Verification Systems in 2022 Explore More

Blog, Business Technology

Fintech Trends – Unlocking the Unmapped Potential

Fintech, a blend of two words Finance and Technology, represents the collision of two worlds that...

Fintech Trends – Unlocking the Unmapped Potential Explore More

Blog

Detecting & Preventing KYI Fraud | A Deep-Dive into 2023 Investment Scams

Businesses need to bring on reliable partners and investors who can contribute to growth, provide...

Detecting & Preventing KYI Fraud | A Deep-Dive into 2023 Investment Scams Explore More

Take the next steps to better security.

Contact us

Get in touch with our experts. We'll help you find the perfect solution for your compliance and security needs.

Contact us

Request demo

Get free access to our platform and try our products today.

Get started