The Top 10  Most Difficult Countries for Identity Verification

The Top 10  Most Difficult Countries for Identity Verification

Download Report

    n-img-roi-cross

    Before You Go, Schedule Your Free Demo Today

    Valid Invalid number


    Note: Fields marked with an asterisk(*) are mandatory.

    n-exit-img-roi-cross

    Thank you for your demo request

    We appreciate your interest and look forward to discussing how our solution can meet your needs. Expect to hear from us shortly with scheduling details.

    Close

    us

    216.73.216.113

    Identity verification in social media – Lighting up the dark side

    Identity verification in social Media - Lighting up the dark side

    Social media is a word every one of us can relate to. With every passing day, it is penetrating into our lives more than ever, completely transforming the way we communicate and interact with each other. The way we are using social media platforms is leaving a major impact on our life. Undoubtedly, it is overcoming the distance constraint by bringing people closer giving them space to connect. However, with the expansion of social media, the risks around people are also growing rapidly.

    As the number of active social media users is increasing, more information is getting placed online. This has unveiled the untold threat of hackers, cybercriminals, and malicious interlopers mining your personal data for any personal or financial gain. Most of the time these bad actors intend to steal the consumers’ data and carry out indecent activities such as bullying and harassment.

    Data is the New Currency

    Living in a data-driven world, the rapid adoption of digitization is giving away a lot more than we think. All thanks to the prompt explosion of the internet that the global number of active social media users is estimated to be 3.196 billion; which is up 13 percent from the previous year and this growth of users isn’t going to stop anytime soon. Among all the platforms, Facebook is leading the market with 1.86 billion active monthly users.

    These figures provide insight into the readily available data of users on social media. The users’ profiles on these networking sites pose a serious threat to their identities. These threats include multiple security concerns, data privacy risks, data breaches, digital frauds, and identity theft, etc.; the reason why social media platforms are arguably under scrutiny.

    Not just social media, but any channel that incorporates personal information is under risk that the data will be exposed unintentionally and accidentally, for example, through a data breach, or intentionally by imposters and cybercriminals. The disclosed data can be sold on the dark web which is later on used for identity theft, impersonation, and carrying out fraudulent activities such as opening credit, taking a loan, etc.  To say data is the new currency for cybercriminals won’t be an understatement.

    Impersonation and Account Hacking

    Hackers, spammers, cybercriminals are increasingly targeting social channels because of the presence of billions of users. Due to advancement in technology, getting into someone’s account is no more of a difficult task. Phishing attacks, social engineering tactics, brute force attacks are some of the most common ways of assisting cybercriminals to target and access the user profiles. 

    The compromised social media accounts are heaven for imposters, and hell for the victims because once they get into your account, they can easily impersonate you and can perform any activity they want to. Social media accounts are more appealing targets for these criminals for they are linked with multiple other and are more effective to spread hate, malware and viruses, and scam people as compared to conventional email.

    It’s the human psyche that we tend to trust the messages that are received from friends instead of some stranger. People are careful in opening links that they get from third parties, however, they are more likely to fall prey to impersonated accounts perceiving it to be their friends’ profiles. Even worse, the user profiles reveal a lot of personal information, for example, name, date of birth, location, etc., that cybercriminals can leverage for identity theft.

    Identity theft can be further used to open bank accounts, credit cards, take loans in the victim’s name. Imagine receiving notice from the bank to return the loan which you didn’t even recall taking. It means someone is abusing your identity for his personal benefit and financial gains.

    Cyberbullying and Harassment

    The anonymity on social media is one of the major reasons for cyberbullying and harassment. Everyday we come across a harassment incident making news headlines. Though bullying has always existed, social networking channels have paved new ways for the predators to bully, harass, stalk and blackmail people online while staying anonymous and without the fear of being caught.

    Making fake profiles on social channels like facebook, twitter, Instagram, etc. is not rocket science. By entering fake credentials, one can easily create a profile and perform whatever activity without any supervised monitoring or verification. Social media threats are not always from strangers, but it can be from someone we know seeking vengeance. Imagine waking up one day and witnessing your private information shared on some other profile. It’s like a privacy nightmare.

    Such negative incidents leave a lifetime impact on the mental health of an individual which are often associated with anxiety, depression, low self-esteem, and even suicidal thoughts. A study reveals that the students who experience cyberbullying are two times more likely to attempt suicide. Moreover, suicide has become a leading death cause of people age 10-34 years.

    Minors are no longer Protected

    The widespread use of smart devices among children and their curious nature to explore everything online has pushed them into a dark pit. Minors are actively seen making social media profiles that are exposing them to the dark side of the tunnel. The existence of stalkers, pedophiles, predators and other criminals on the social media channels is nothing new, however, the unsupervised account monitoring and ease of creating profiles have led to a negative encounter with minors.

    Over the past few years, many incidents of minor abuse have been reported. Though social media is not for children, yet a huge proportion of active users are under the age of 18 years old. The reason is the lack of proper age and identity checks to ensure that only authorized users can create profiles. This has grabbed the attention of the cybercriminals presenting them another opportunity to exploit children’s identities. A study states, the minors bullied online are nine times more likely to fall for digital frauds and identity theft.

    How Identity Verification helps

    The convenience of creating fake profiles on social media platforms are pushing the social channels into the dark pit. Taking advantage of this limitation, cybercriminals and fraudsters are coming up with multiple tactics to exploit the consumers’ data and use it for their personal and financial benefits. Not just them but predators, pedophiles and other bad guys out there are fully taking advantage of social media platforms to carry out their immoral activities like harassment and bullying.

    The root of all these dark activities is the inability of social networking channels to verify the customer profiles at the time of creation and further putting verification and authentication checks to ensure that the account is accessed by authorized users only. Digital identity verification serves as a strong defense against such troublemakers and facilitates social platforms to get rid of the bad guys making social media a safe source of entertainment for users.

    Moreover, based on the principles of artificial intelligence, ID verification solution exhibits age verification service to hinder the presence of minors on social media. It is not just a moral obligation of the business to ensure minors’ security and safety but also to efficiently meet regulatory compliances regarding minors’ online protection and user verification.

    Related Posts

    Blog

    Source of Funds | A Critical Step in Mitigating the Risk of Money Laundering

    As the world continues on a path of digitization, business operations persist to undergo signific...

    Source of Funds | A Critical Step in Mitigating the Risk of Money Laundering Explore More

    Blog

    7 Things Businesses Should Know About Online Face Recognition Solutions

    One might be good at identifying faces. People find it a cinch to recognise a friend’s or f...

    7 Things Businesses Should Know About Online Face Recognition Solutions Explore More

    Blog

    The Truth Around DeFi Compliance – Bridging the Transparency Gap

    Financial markets around the world have seen increased popularity with the advent of decentralise...

    The Truth Around DeFi Compliance – Bridging the Transparency Gap Explore More

    Blog

    Securing Investment Industry with Shufti’s Investor Verification Solution

    In this tech-driven world, perpetrators and organized crime groups are adopting sophisticated met...

    Securing Investment Industry with Shufti’s Investor Verification Solution Explore More

    Blog

    Top 5 FinTech Trends to Keep an Eye on in 2023

    From the lingering effects of the COVID-19 pandemic to the sudden cryptocurrency market crash, 20...

    Top 5 FinTech Trends to Keep an Eye on in 2023 Explore More

    Blog, Identity & KYC

    Can Identity Verification Services be Cheated by Hackers?

    The latest intervention in the industry of fraud prevention services is identity verification ser...

    Can Identity Verification Services be Cheated by Hackers? Explore More

    Blog

    AML Compliance – Sharpening Focus on FinCrime in the Payments Industry

    Conventional payment services are embracing technological transformation, which is significantly ...

    AML Compliance – Sharpening Focus on FinCrime in the Payments Industry Explore More

    Blog, Online Marketplace

    The Importance of Know Your Customer for Crowd Funding and ID Verification Service

    In today’s world where most business and financial transactions are taking place online, the impo...

    The Importance of Know Your Customer for Crowd Funding and ID Verification Service Explore More

    Blog

    Biometric Authentication: Use Cases and Advantages

    What is Biometric Authentication? Biometric authentication refers to the process of using unique ...

    Biometric Authentication: Use Cases and Advantages Explore More

    Blog

    Biometric Facial Recognition – Combating Identity Fraud with Shufti’s IDV Solution

    Since knowledge-based authentication and passwords were first introduced, security systems in ban...

    Biometric Facial Recognition – Combating Identity Fraud with Shufti’s IDV Solution Explore More

    Blog

    Safeguarding the Art Market with Shufti’s AML Screening Solution

    Non-fungible tokens (NFTs), blockchain-powered title deeds tied to a virtual or physical asset, h...

    Safeguarding the Art Market with Shufti’s AML Screening Solution Explore More

    Blog

    The Vital Role of AML Compliance for P2P Lending

    Archiac banking traditions saw loan applicants held in suspense, waiting for lengthy periods of t...

    The Vital Role of AML Compliance for P2P Lending Explore More

    Blog

    Don’t Need AML Compliance? Think Again!

    The majority of the businesses believe that they do not need to comply with AML regulations at al...

    Don’t Need AML Compliance? Think Again! Explore More

    Blog, Identity & KYC

    Identity Verification Market ‘Hitting High Record’

    The advent of technology has pushed businesses to digitize their operations for better customer e...

    Identity Verification Market ‘Hitting High Record’ Explore More

    Blog

    Holiday Season Scams – 5 Ways Identity Verification Can Help You

    The holiday season brings in a lot of joy and harmony for everyone. From thanksgiving to new year...

    Holiday Season Scams – 5 Ways Identity Verification Can Help You Explore More

    Blog

    The 10 Biggest DeFi Hacks of 2022 and How Can KYC/AML Compliance Help

    The crypto industry witnessed a challenging year in 2022, marked by numerous hacks and scams, hig...

    The 10 Biggest DeFi Hacks of 2022 and How Can KYC/AML Compliance Help Explore More

    Blog

    The Future of Identity Verification: Shufti CEO Shahid Hanif on Adaptability, Innovation, and Technology Leadership

    As fraud threats become increasingly sophisticated and regulatory landscapes evolve, businesses m...

    The Future of Identity Verification: Shufti CEO Shahid Hanif on Adaptability, Innovation, and Technology Leadership Explore More

    Blog

    Top 5 Trends to Revamp the Online Gambling Industry in 2022

    In recent times, the online gambling sector has demonstrated continuous growth along with technol...

    Top 5 Trends to Revamp the Online Gambling Industry in 2022 Explore More

    Blog

    Identifying and Combating Trade-Based Money Laundering with Shufti AML Screening Services

    The crime involved in trading is as old as human history. Where there is trade there is money inv...

    Identifying and Combating Trade-Based Money Laundering with Shufti AML Screening Services Explore More

    Blog

    AML Compliance in High-End Vehicle and Yacht Sales

    High-end vehicles and expensive properties are the universal status symbols that represent the ex...

    AML Compliance in High-End Vehicle and Yacht Sales 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

    40 Surprising Facts and Statistics About Money Laundering [2021 Update]

    Combatting money laundering is one of the top-tier challenges when it comes to the regulatory reg...

    40 Surprising Facts and Statistics About Money Laundering [2021 Update] 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

    How to Use Shufti’s ROI Calculator to Justify Better Identity Verification Outcomes

    As the pressure to grow profits intensifies, many companies are thinking proactively on how to ef...

    How to Use Shufti’s ROI Calculator to Justify Better Identity Verification Outcomes Explore More

    Blog

    Document Verification Services – The Secret Sauce to Keep Fraudsters Away

    Forging someone’s documents is something bad enough but selling them on the dark web is just rubb...

    Document Verification Services – The Secret Sauce  to Keep Fraudsters Away Explore More

    Blog

    Prevailing Identity Fraud in Telecom Sector – How Shufti Can Reduce the Risks

    The telecommunication industry holds significance for the information sector as it is primary inf...

    Prevailing Identity Fraud in Telecom Sector – How Shufti Can Reduce the Risks Explore More

    Blog

    Prevailing Financial Crimes and AML Regulation in Argentina – How Shufti Can Help

    Argentina has faced many significant challenges due to its geographical location, including the f...

    Prevailing Financial Crimes and AML Regulation in Argentina – How Shufti Can Help Explore More

    Blog

    Digital KYC to Trace and Tackle High-Risk Customers

    Customers are the assets and building blocks of any business. Customers are responsible for takin...

    Digital KYC to Trace and Tackle High-Risk Customers Explore More

    Blog

    Estonia’s AML Act Amendments – Securing Virtual Currencies in 2022

    Estonia’s financial institutions are developed and ensure transparency as its laws are well-defin...

    Estonia’s AML Act Amendments – Securing Virtual Currencies in 2022 Explore More

    Blog, Fraud Prevention

    8 Fraud Prevention Tips for a smooth business uptake in 2018

    The Need for Fraud Prevention As technology has evolved over the years, the way we do business ha...

    8 Fraud Prevention Tips for a smooth business uptake in 2018 Explore More

    Blog

    May 2023 Recap: The Latest Global Regulatory Updates

    Technological advancements have paved the way for scammers to perpetrate various financial crimes...

    May 2023 Recap: The Latest Global Regulatory Updates Explore More

    Blog

    How ID Verification Helps in Fighting Digital Scams?

    ID VERIFICATION: Digital scams are common phenomena and it affects all types of businesses in eve...

    How ID Verification Helps in Fighting Digital Scams? Explore More

    Blog

    An Insight into Money Laundering Through the UAE’s Gold Industry

    Since the beginning of time, gold has been considered a medium for payment and trading with its e...

    An Insight into Money Laundering Through the UAE’s Gold Industry Explore More

    Blog

    The Mesh of Human Behavior and Technology: CX Expert Saroni Kundu on Building Customer-Centric Businesses

    No matter the industry, customer experience (CX) is key to building trust and loyalty. If you’re ...

    The Mesh of Human Behavior and Technology: CX Expert Saroni Kundu on Building Customer-Centric Businesses Explore More

    Blog

    Japan’s AML/CFT Assessment – August 2021 Report

    Financial crime is soaring sky high with digitisation becoming a part of our daily lives. Cyber a...

    Japan’s AML/CFT Assessment – August 2021 Report Explore More

    Blog, Business Technology, Fraud Prevention, Identity & KYC

    Face Verification – One Solution for Several Identity Frauds

    Biometrics is the technology that verifies the unique personality traits of a person to identify ...

    Face Verification –  One Solution for Several Identity Frauds Explore More

    Blog

    Securing Identities in the Age of AI with Identity Verification

    The digital age has offered unprecedented convenience and connection, but it has also introduced ...

    Securing Identities in the Age of AI with Identity Verification Explore More

    Blog

    What are chargeback frauds and what do they mean for businesses?

    The world we live in no longer seems to be honest and fair. A large number of individuals are par...

    What are chargeback frauds and what do they mean for businesses? Explore More

    Blog

    AML compliance checklist for efficient AML screening in 2020

    2019 brought a plethora of AML regulations for businesses and non-compliance is no more an option...

    AML compliance checklist for efficient AML screening in 2020 Explore More

    Blog

    5 Frauds in the Education Sector and How They Can be Prevented

    Educational institutions have become an attractive target for cybercrime attacks in recent years....

    5 Frauds in the Education Sector and How They Can be Prevented Explore More

    Blog

    Worldwide Language Coverage from Shufti helps you go Global

    Language serves the purpose of communication among people of a certain locality, nation or in cas...

    Worldwide Language Coverage from Shufti helps you go Global Explore More

    Blog, Online Marketplace

    Ride Sharing Services and ease provided by KYC Services

    Ride Sharing services might be the hottest form of transportation especially in developed countri...

    Ride Sharing Services and ease provided by KYC Services Explore More

    Blog

    Basel AML Index 2021 – Evaluating the Risk of Money Laundering Worldwide

     The threat for money laundering and terror financing continue to increase with global a...

    Basel AML Index 2021 – Evaluating the Risk of Money Laundering Worldwide Explore More

    Blog, Fraud Prevention

    4 Fraud prevention tips that you must follow this Holiday Season

    The holiday season is around the corner and it is the time of the year when online shopping and m...

    4 Fraud prevention tips that you must follow this Holiday Season Explore More

    Blog

    5 Ways How Online Age Verification Promises Growth for the Gaming Industry

    The online gaming industry is booming since the last few years. Due to the pandemic, the trend fo...

    5 Ways How Online Age Verification Promises Growth for the Gaming Industry Explore More

    Blog

    The Dark Side of Digital Wallets and the Role of Crypto Monitoring

    Cybercriminals have recently exhibited a keen interest in crypto theft, in some circumstances goi...

    The Dark Side of Digital Wallets and the Role of Crypto Monitoring Explore More

    Blog

    Online Video KYC: Eliminate the Risks of Identity Theft

    The growing danger of cybercrime and data breaches has heightened the demand for effective verifi...

    Online Video KYC: Eliminate the Risks of Identity Theft Explore More

    Blog

    The Crucial Role of Ongoing Monitoring in Risk Mitigation

    The nature of a business-to-clientele relationship subjects organisations to significant risks. F...

    The Crucial Role of Ongoing Monitoring in Risk Mitigation Explore More

    Blog, Identity & KYC

    How ID Verification via OCR can transform Digital World?

    ID verification is hailed as the ultimate savior for businesses operating multiple digital channe...

    How ID Verification via OCR can transform Digital World? Explore More

    Blog

    Brexit to Change Sanction and Money Laundering Regulations in 2021

    In 2016, the United Kingdom decided to part ways with the European Union (EU). After its preparat...

    Brexit to Change Sanction and Money Laundering Regulations in 2021 Explore More

    Blog

    Romance Scams: The Dark Side of ChatGPT and How to Stay Safe

    The voice one hears on the other end of a telephone call may not be an earthling, the person one ...

    Romance Scams: The Dark Side of ChatGPT and How to Stay Safe Explore More

    Blog

    Shufti to Revamp Customer Experience with Enhanced Video KYC UX

    Would you ever want to use a product that is hard to understand? A McKinsey Report revealed that ...

    Shufti to Revamp Customer Experience with Enhanced Video KYC UX Explore More

    Blog

    Top 5 Digital Banking Trends to Look Out for in 2022

    2021 was fundamentally geared towards surviving the pandemic and its aftermaths. The pandemic-acc...

    Top 5 Digital Banking Trends to Look Out for in 2022 Explore More

    Blog

    The State of Fraud Detection & Prevention in 2024 | Ready, Set, Fraud

    Since the dawn of the internet in the 90s, we’ve witnessed multiple phases of digital revolution....

    The State of Fraud Detection & Prevention in 2024 | Ready, Set, Fraud 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

    Anti-Money Laundering (AML) Solution- Eradicating Money laundering and Securing Ride-Hailing Services

    Due to the coronavirus global pandemic, the ride-hailing sector continue to grapple. As per new e...

    Anti-Money Laundering (AML) Solution- Eradicating Money laundering and Securing Ride-Hailing Services Explore More

    Blog

    Age Verification for Social Media – Protecting the Younger Victims of Online Scams

    With a significant majority of students diverting from their usual school routines due to the COV...

    Age Verification for Social Media – Protecting the Younger Victims of Online Scams Explore More

    Blog

    Beyond the Blue Checkmark – Online Age Verification Solution to Secure Minors’ Identity

    As minors are going online and utilizing digital services as well as smart gadgets more frequentl...

    Beyond the Blue Checkmark – Online Age Verification Solution to Secure Minors’ Identity Explore More

    Blog

    KYC/AML Compliance – Eliminating Financial Crime in Challenger Banks

    Challenger banks have emerged in the financial services paradigm by bringing digital innovations ...

    KYC/AML Compliance – Eliminating Financial Crime in Challenger Banks Explore More

    Artificial Intelligence, Blog

    Artificial Intelligence – What is it and Why it Matters

    Artificial intelligence (AI) emphasizes the creation of intelligent machines that work and react ...

    Artificial Intelligence – What is it and Why it Matters Explore More

    Blog

    A Fintech’s Journey to 100% Compliance and Rapid Growth

    My EU Pay, a specialist payment institution serving hundreds of business customers in the U.K. an...

    A Fintech’s Journey to 100% Compliance and Rapid Growth Explore More

    Blog

    The Top 10 Advantages of OCR for Business Owners

    In our current data-driven and digital world, many organisations struggle with vast quantities of...

    The Top 10 Advantages of OCR for Business Owners Explore More

    Blog

    Crypto Regulations 2021 – What Digital Currency Providers Need to do

    Cryptocurrency has been a hot topic ever since its advent in 2009. The ability to draw investor a...

    Crypto Regulations 2021 – What Digital Currency Providers Need to do Explore More

    Blog

    Securing Instant Money Transfers in the Banking Sector – EPC’s New Rulebook

    Financial services have always played a vital role throughout the entire history of advanced huma...

    Securing Instant Money Transfers in the Banking Sector – EPC’s New Rulebook Explore More

    Blog

    Online Dating Scams – ID Verification Solution to the Rescue

    COVID-19 exposures and its associated risks with today’s in-person meetups and traditional ...

    Online Dating Scams – ID Verification Solution to the Rescue Explore More

    Blog, Financial Crime / AML

    Impact of Regulatory Scrutiny & AML Compliance in Real Estate

    Anti Money Laundering (AML): Criminals around the globe are targeting real estate to launder the ...

    Impact of Regulatory Scrutiny & AML Compliance in Real Estate Explore More

    Blog

    5 Things Businesses Should Know about PEP Screening

    Regulators levy penalties when compliance programs fail or companies have insufficient compliance...

    5 Things Businesses Should Know about PEP Screening Explore More

    Blog

    Addressing AML Compliance Challenges with a Risk-based Approach (2023)

    Regardless of how big or small a company is, the after-effects of Covid-19 and the global financi...

    Addressing AML Compliance Challenges with a Risk-based Approach (2023) Explore More

    Blog

    Complete Guide to KYC Compliance Regulations in 2025

    Introduction KYC obligations are no longer just a banking headache. In 2025, crypto exchanges, on...

    Complete Guide to KYC Compliance Regulations in 2025 Explore More

    Blog

    Augmented Intelligence – What 2019 have for AI systems?

    Admittedly, Artificial Intelligence or AI has gained a considerable amount of ill reputation from...

    Augmented Intelligence – What 2019 have for AI systems? Explore More

    Blog, Online Marketplace

    How Identity Verification Makes Remote Account Opening Efficient for Banks

    Banks have a lot to benefit from the remote account opening service as it allows them to bring a ...

    How Identity Verification Makes Remote Account Opening Efficient for Banks Explore More

    Blog

    Identity verification in freelancing- no more smoke and mirrors

    Freelancing platforms are rapidly growing. In 2017, around 57 million Americans were freelancing ...

    Identity verification in freelancing- no more smoke and mirrors 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