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

    2a03:2880:f800:10::

    Replay Attacks – Another Rising Threat for Businesses in 2021

    replay attacks

    As technology advances, more and more solutions are available for making lives convenient. Unfortunately, fraudsters are using technology for their malicious intents as well. Given the rise in the use of technology, various types of frauds have emerged. Identity theft, account takeover, spoof attacks, and deep fakes were already causing a lot of trouble for businesses. In 2020, a new fraud has emerged by the name “replay attacks.”  

    According to a report from Comparitech, 80.7 per cent of the surveyed organisations experienced successful cyberattack. 

    Replay attacks were not very common in the past few years. However, the coronavirus pandemic locked everybody in and fraudsters found it a great opportunity to attack organisations with a fraud they were not prepared for. Businesses have lost a lot of money to replay attacks this year and we are predicting that this fraud will increase in 2021. The corporate sector must prepare themselves for replay attacks and take necessary measures to prevent them. Read this blog to know everything about replay attacks. 

    How Do Replay Attacks Work?

    With rapid digitisation. Replay attacks have taken the virtual road as well. Digital replay attacks are extremely sophisticated because there are different methods of perpetrating the attack. The different methods target a wide range of devices and networks. Here are the three main ways through which a replay attack occurs.

    Changing the Device Information 

    In the virtual world, tracing the IP of the device is not a problem anymore. This means fraudsters can be easily detected when submitting the same information over and over again. For a successful replay attack, criminals change the device information like IP address to make sure they are not being tracked. They might use a different device or mask their IPs when doing so. 

    Different Network Information 

    This is the second way of successful replay attacks. Using the same network can help organisations to identify replay attacks in no time. To stay hidden, fraudsters use different network information like a different internet connection or mobile data for submitting the same data multiple times. 

    Fraudulent Information for ID Verification 

    As stated earlier, fraudsters change a piece of information in the documents to perpetrate a replay attack. For instance, once a fraudster changes the date of birth and the next time, he uses a different name and submits the same document. 

    attacks

    How to Combat Replay Attacks?

    Successful replay attacks result in account takeover fraud and identity theft. Since digital replay attacks are an emerging threat for businesses in 2021, there is a dire need for a solution that can combat them. Fortunately, not one but there are various solutions that can secure your business from replay attacks. Take a look at some of these solutions. 

    Track Customers’ Response Time 

    First, be sure to track the time your customers take to respond. Legitimate en-users only take a few seconds to upload a selfie or government-issued ID documents. On the contrary, perpetrating a replay attack requires time. Fraudsters require some time to change details within the same document. If your customer is taking a lot of time to respond, perform more robust checks on the documents previously submitted. You can opt for a face verification check as well or video KYC can be an all-in-one solution.  

    Geolocation Assessment 

    As mentioned earlier, fraudsters use different location details for replay attacks. With the help of geolocation assessment, you can trace the location that is being used during verification. In case the customer jumps to several different locations within the same verification session, might have a replay attack in the pipeline. 

    Biometric Authentication

    Performing biometric authentication checks is one of the ideal ways to combat replay attacks. You can perform face verification checks or other liveness detection checks to ensure that the user is physically present at the time of verification rather than a fraudster planning spoof or replay attacks on the other end. For better security, you can add extra biometric checks to bring friction in the fraudsters’ processes. 

    read blog

    Wrapping It Up

    To sum up, replay attacks are an emerging threat for businesses. Due to the pandemic, cybercrime ratio has significantly increased and the year 2021 can expect new kinds of frauds as well. Replay attacks are one of such crimes that businesses can expect in 2021 and businesses need robust solutions to combat them. Geolocation assessment, time tracking, and biometric authentication are few of the best ways to identify replay attacks and combat them before they become a problem for your business. 

    Get in touch with our experts to know more about biometric checks.

    Related Posts

    Blog, Identity & KYC

    4 Ways in which KYC for STO can Revolutionise the Crypto World

    The year 2019 is expected to see a significant rise in STOs and have been called the future of bl...

    4 Ways in which KYC for STO can Revolutionise the Crypto World Explore More

    Blog, Business Technology, Identity & KYC

    6 Digital Solutions for Banks to Help with KYC

    Digital KYC: For banks, streamlining the customer onboarding is essential. The manual way of ente...

    6 Digital Solutions for Banks to Help with KYC Explore More

    Blog

    Biometric Authentication: The Importance, Use Cases & Myths

    Today’s business owners rank security among the highest priorities. As hackers continue to ...

    Biometric Authentication: The Importance, Use Cases & Myths Explore More

    Blog

    FinTech and FinCrime – The Global Regulatory Landscape

    Also known as financial technology, FinTech is now among the fastest-growing industries. This sec...

    FinTech and FinCrime – The Global Regulatory Landscape Explore More

    Blog

    Fighting Deepfakes with Fool-Proofed Identity Verification Systems: How Shufti Can Help

    Undoubtedly, 21st century is the most innovative time period in human history. With every passing...

    Fighting Deepfakes with Fool-Proofed Identity Verification Systems: How Shufti Can Help Explore More

    Blog

    6 industry experts explain the role of KYC in cybersecurity

    Cybersecurity is no more limited to firewalls and antiviruses. It is protecting your system, empl...

    6 industry experts explain the role of KYC in cybersecurity Explore More

    Blog

    Understanding the Key Role of Risk Assessment in the Crypto Industry

    Cryptocurrencies are becoming a hotspot for scammers to perpetrate financial crime. Over 46,000 i...

    Understanding the Key Role of Risk Assessment in the Crypto Industry Explore More

    Blog

    Identity Verification – Addressing the Challenge of Fraud in the Telecommunications Sector

    Transforming technology, growing digitization, and increased use of online transactions have acco...

    Identity Verification – Addressing the Challenge of Fraud in the Telecommunications Sector Explore More

    Blog

    Transaction Screening Vs Transaction Monitoring | What’s the Difference?

    Transaction screening and transaction monitoring are critical in money laundering, counter-terror...

    Transaction Screening Vs Transaction Monitoring | What’s the Difference? Explore More

    Blog

    High-Risk Transactions – How Can Enhanced Due Diligence (EDD) Help?

    In today’s continuously evolving world, businesses should not only focus on the revenue they gene...

    High-Risk Transactions – How Can Enhanced Due Diligence (EDD) Help? Explore More

    Blog, Reg Tech

    How does CDD effectively help with AML Compliance?

    CDD or customer due diligence in the banking sector and other financial firms is an important asp...

    How does CDD effectively help with AML Compliance? Explore More

    Blog

    AI-Powered OCR to Combat Challenges During Manual Data Processing

    Every industry has to deal with tons of customer data on a daily basis. Receiving information, ex...

    AI-Powered OCR to Combat Challenges During Manual Data Processing Explore More

    Blog

    Top 5 Most Common Identity Fraud Attempts in 2021

    Fraudsters in the post-pandemic world took complete advantage of rapid digitization. Bad actors b...

    Top 5 Most Common Identity Fraud Attempts in 2021 Explore More

    Blog

    Latest Regulatory Updates on KYC Verification for Crypto Exchanges

    Even by the standards of cryptocurrency, the volatility exhibited in 2021 has been astounding. In...

    Latest Regulatory Updates on KYC Verification for Crypto Exchanges Explore More

    Blog

    A Statistical Analysis of Prevalent Crimes in the Global Financial Industry – [2022 Overview]

    Over the past few years, the financial industry has witnessed significant technological changes, ...

    A Statistical Analysis of Prevalent Crimes in the Global Financial Industry – [2022 Overview] Explore More

    Blog

    Enhancing security in the cryptocurrency world with KYC verification

    Almost 20 years after the legislation on combating money laundering, regulators around the world ...

    Enhancing security in the cryptocurrency world with KYC verification Explore More

    Blog

    Identity Fraud on Social Media Platforms – How Shufti Keeps Fraudsters at Bay

    With almost 70% of the world’s population interacting through social media platforms, businesses ...

    Identity Fraud on Social Media Platforms – How Shufti Keeps Fraudsters at Bay 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

    Age-Verification Evasion in 2025: How Minors Outsmart Weak Age Gates — and How to Fight Back

    Introduction Minors are no longer deterred by simple “What’s your date of birth?” pop-ups. Armed ...

    Age-Verification Evasion in 2025: How Minors Outsmart Weak Age Gates — and How to Fight Back Explore More

    Blog, Reg Tech

    EU’s 4th AML Directive Aims to make the Payment Ecosystem Crime Free

    On June 26, 2018, the European Union landed the fourth AML directive that is targeted at combatin...

    EU’s 4th AML Directive Aims to make the Payment Ecosystem Crime Free 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

    Know Your Donor – Securing NPOs and Charities Through KYD/AML Solution

    Emerging technologies and growing digitization have increased financial crime risks in Non-Profit...

    Know Your Donor – Securing NPOs and Charities Through KYD/AML Solution 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, Identity & KYC

    Digital KYC Streamlines Customer On-boarding Process

    Shufti brings forth digital KYC verification services to perform identity verification proces...

    Digital KYC Streamlines Customer On-boarding Process Explore More

    Blog

    Know Your Business (KYB) | Ensuring Financial Security

    The Know Your Business solution standard verifies a company’s legal standing and confirms i...

    Know Your Business (KYB) | Ensuring Financial Security Explore More

    Blog

    Why Digital Identity Verification is Booming – A Detailed Insight

    According to the report “Digital Identity & Document Verification Market & Technology Ana...

    Why Digital Identity Verification is Booming – A Detailed Insight Explore More

    Blog

    High-Risk Transactions – How Can Enhanced Due Diligence (EDD) Help?

    In today’s continuously evolving world, businesses should not only focus on the revenue they gene...

    High-Risk Transactions – How Can Enhanced Due Diligence (EDD) Help? Explore More

    Blog

    Enhancing security in the cryptocurrency world with KYC verification

    Almost 20 years after the legislation on combating money laundering, regulators around the world ...

    Enhancing security in the cryptocurrency world with KYC verification Explore More

    Blog

    How ID Verification can Help you Boost your Revenue in 2019?

    For years now banks have been using laid back and inconvenient methods for ID verification of cus...

    How ID Verification can Help you Boost your Revenue in 2019? Explore More

    Blog

    April 2023 Recap: Major AML Fines and Key Events

    With the world embracing digital transformation, scammers have adopted sophisticated strategies t...

    April 2023 Recap: Major AML Fines and Key Events Explore More

    Blog

    Risk Assessment and Management | Why do Businesses need it?

    B2B partnership always carries risks that must be managed whilst staying compliant. Business part...

    Risk Assessment and Management | Why do Businesses need it? Explore More

    Blog

    AML Compliance – Korean Crypto Exchanges Join Hands to Fight Money Laundering

    Cryptocurrency has been notoriously criticised for money laundering and other illicit activities ...

    AML Compliance – Korean Crypto Exchanges Join Hands to Fight Money Laundering Explore More

    Blog

    Securing Identities in the Age of AI with Facial Recognition Technology

    Although the digital revolution has brought us unprecedented levels of connectivity and comfort, ...

    Securing Identities in the Age of AI with Facial Recognition Technology Explore More

    Blog

    Know Your Players: Why KYC is Necessary for Gaming and Gambling

    The post-COVID-19 era has witnessed a remarkable surge in the e-sports and gaming sectors. This t...

    Know Your Players: Why KYC is Necessary for Gaming and Gambling Explore More

    Blog, Online Marketplace

    KYC for Banks: Reducing financial risk with a perfect digital solution

    The banking sector has to tread a very balanced path between compliance regulations and customer ...

    KYC for Banks: Reducing financial risk with a perfect digital solution Explore More

    Blog

    Know Your Customer (KYC) vs Customer Due Diligence (CDD): What’s the Difference?

     Ensuring robust identity verification processes is necessary with the ever-increasing n...

    Know Your Customer (KYC) vs Customer Due Diligence (CDD): What’s the Difference? 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

    Customer Identification Programme (CIP) vs Know Your Customer (KYC) | What’s the Difference?

     Often, people confuse CIP and KYC and think both are the same. Customer Identification ...

    Customer Identification Programme (CIP) vs Know Your Customer (KYC) | What’s the Difference? Explore More

    Blog

    Reshaping the Travel Industry with NFC Verification – How Shufti Can Help

    With emerging technologies and the increasing use of digital services, the travel industry has be...

    Reshaping the Travel Industry with NFC Verification – How Shufti Can Help Explore More

    Blog

    Securing Digital Landscape with Electronic Identity Verification Services in 2023

    With a surge in identity document forgery, the likelihood of onboarding a criminal has grown subs...

    Securing Digital Landscape with Electronic Identity Verification Services in 2023 Explore More

    Blog

    Need for Identity Verification in Real Estate and Its Real-World Use Cases

    The real estate industry is in dire need of identity verification processes. The reason being, th...

    Need for Identity Verification in Real Estate and Its Real-World Use Cases 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

    Securing Identities in the Age of AI with Facial Recognition Technology

    Although the digital revolution has brought us unprecedented levels of connectivity and comfort, ...

    Securing Identities in the Age of AI with Facial Recognition Technology Explore More

    Blog

    Third-party Due Diligence – Red Flags, Regulations and 5 Ways to Enhance It

    The majority of businesses depend upon a third-party in one way or the other. Contractors, suppli...

    Third-party Due Diligence – Red Flags, Regulations and 5 Ways to Enhance It Explore More

    Blog

    KYC alternatives disrupting traditional KYC methods

    Technology is building bridges between businesses and consumers across the barriers of distance a...

    KYC alternatives disrupting traditional KYC methods Explore More

    Blog

    5 RegTech Applications That Will Govern the Financial Regime in 2021

    RegTech, short for Regulatory Technology, is the subset of FinTech which bridges the gap between ...

    5 RegTech Applications That Will Govern the Financial Regime in 2021 Explore More

    Blog

    5 Effective Ways Shufti Combats First-party Fraud

    After analysing fraud incidents of the previous year and the current one, we observed an interest...

    5 Effective Ways Shufti Combats First-party Fraud 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

    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

    Anti-Money Laundering (AML) Solutions – Ensuring Responsible Gambling and Data Protection

    Like other industries, the gambling industry is also becoming a prime target of criminals. Howeve...

    Anti-Money Laundering (AML) Solutions – Ensuring Responsible Gambling and Data Protection Explore More

    Blog

    EU’s AMLD5: What does it mean and how will it impact the AML regulation regimes?

    From the Panama papers, Paradise leaks and Danske Bank case to the most recent revelations about ...

    EU’s AMLD5: What does it mean and how will it impact the AML regulation regimes? Explore More

    Blog

    An inside look at the need for AML in the e-gaming industry

    Data analytics and trends show the penetration of the population into console-based online video ...

    An inside look at the need for AML in the e-gaming industry Explore More

    Blog

    Future Prediction of Identity Verification for Businesses

    Ensuring a user’s real identification has become crucial in the age of digitisation. Busine...

    Future Prediction of Identity Verification for Businesses Explore More

    Blog

    May 2023 Recap: Major Security Breaches and Penalties

    May 2023 witnessed several security breaches wreaking havoc on the digital landscape. High-profil...

    May 2023 Recap: Major Security Breaches and Penalties Explore More

    Blog

    Age Gating VS Age Verification | Enhancing Security for Minors

    Age gating was once employed to stop minors from accessing age-restricted content. However, the a...

    Age Gating VS Age Verification | Enhancing Security for Minors 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, Financial Crime / AML

    Global AML Regimes – Tightening Reins on Money Launderers

    Money laundering is a global menace. Money laundering and terrorist financing are the major targe...

    Global AML Regimes – Tightening Reins on Money Launderers 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

    Enhanced Due Diligence Checks | The Art of Mitigating Risks Associated with Third-Parties

    For multinational businesses, reliance on external third-party vendors is crucial. However, failu...

    Enhanced Due Diligence Checks | The Art of Mitigating Risks Associated with Third-Parties 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

    Enhanced Due Diligence – How to Identify and Deal with High-Risk Customers

    Business relationships always come with associated risks that require carefully implemented measu...

    Enhanced Due Diligence – How to Identify and Deal with High-Risk Customers Explore More

    Blog

    Digital ID Verification – Why is it Critical for Customer Experience?

    Last year was all about lockdown and pandemic disrupting business operations to the very core. Th...

    Digital ID Verification – Why is it Critical for Customer Experience? Explore More

    Blog

    Top 5 Ways to Improve Transaction Monitoring in Fintech

    Fintech is a fast-growing sector that combines finance and technology to assist businesses and cu...

    Top 5 Ways to Improve Transaction Monitoring in Fintech 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

    4 Ways How Technology Can Simplify KYC and AML Workflow Management

    While the terms AML and KYC are used interchangeably, there is a huge difference between the two....

    4 Ways How Technology Can Simplify KYC and AML Workflow Management Explore More

    Blog

    A Go-To Guide to Proof of Address Verification in 2024

    Customer identity verification is significant in today’s digital world – from buying produc...

    A Go-To Guide to Proof of Address Verification in 2024 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

    Age Verification: Data Privacy and User Protection

    In recent years, there’s been a lot of speculation surrounding the issue of whether or not ...

    Age Verification: Data Privacy and User Protection Explore More

    Blog

    6 Ways Identity Verification Will Unlock Digital Transformation in Airlines

    Airlines were particularly negatively impacted by the Covid-19 pandemic, and the situation was fu...

    6 Ways Identity Verification Will Unlock Digital Transformation in Airlines Explore More

    Blog

    How can AML play a role to impede the financing of terrorism?

    Money Laundering and Terrorism Financing are global issues and there is no dispute regarding it. ...

    How can AML play a role to impede the financing of terrorism? Explore More

    Blog

    AML Compliance – Mitigating Financial Crime Risks in the Payments Industry

    After the Covid-19 pandemic gave rise to the digital payments trend, the world has seen rapid gro...

    AML Compliance – Mitigating Financial Crime Risks in the Payments Industry Explore More

    Blog

    Improving Identity Verification Processes Through Perpetual KYC – How Shufti Helps the Banking Sector

    Banks are considered a subset of the financial services industry and play the most crucial role i...

    Improving Identity Verification Processes Through Perpetual KYC – How Shufti Helps the Banking Sector 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