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

    ca

    2001:4860:7:704::ee

    Talent Acquisition Fraud – Hiring Legitimate Candidates with Identity Verification

    b-img-identify

    Along with the rise in virtual and remote work, the number of cases of recruitment fraud is increasing at an unprecedented pace, urging authorities to take decisive action against criminals. Due to the pandemic, numerous companies around the world had to layoff employees, which caused setbacks and increased inflation.

    Now that the pandemic’s effects are diminishing, 97 million new job roles are to be expected by the next year, which will expedite fraudulent practices in the talent acquisition sector. Companies should have their guard up and implement a joint action plan to counter rising recruitment scams to secure their onboarding process.

    How do Online Recruiting Scams Work?

    The scammers fraudulently use an established company’s name, logo and even the details of real employees working in human resource departments to post jobs on recruiting websites or other social media platforms.

    Keeping their credentials almost identical to the official company’s details, they send emails to job-seekers or post fake jobs. As soon as interested candidates apply, they conduct interviews to get sensitive information about candidates through phone or on-site interviews.

    Through fake interviews and phony mobile/email conversations, criminals ask for sensitive personal information, particularly social security number, ID or Driver’s License number and bank account details that job seekers often provide, paving the way for identity fraud.

    In some cases, the scammers even seek money from the candidates in the name of background checks or certifications which directly cost them financial losses. In the US alone, users lost $86 million due to fake job opportunities posted on the internet.

    Spotting the Signs of Recruitment Fraud

    Recruitment fraud is the most unfortunate part of modern job hunting, where criminals prey upon candidates’ eagerness to find work for their living by creating scam job opportunities.

    Here are a few telling signs that can help job seekers spot fraudulent elements during the recruitment process:

    1. Legitimate hiring managers and employers never ask applicants to make any financial transaction in their personal or company account. Always say no to any person or company who is asking you to send money for any recruitment purpose. 
    2. Although the majority of companies ask the candidates to provide their personal information, this step usually comes when the recruitment process is near completion. Any person asking for sensitive information like bank account details, social security number, date of birth or other private identity details could be a scammer who must be turned down. 
    3. The majority of companies recruit their employees using their official email accounts; rather than contacting the person through common numbers or free online email addresses like gmail. Any job offer/letter from such accounts could be a fake. 
    4. Legitimate recruiters always follow a comprehensive plan to get all the relevant information about the candidate. Any person offering you a job without following a standard hiring process should raise suspicions.
    b-info-indent-port

    High Profile Criminal Cases of Recruitment Fraud

    After the Russian invasion of Ukraine, gas prices ballooned worldwide, increasing inflation and the number of desperate job seekers. Through fake job postings, criminals exploit such individuals and get involved in recruitment fraud.

    Several cases of talent acquisition fraud have been witnessed in the recent past encouraging local law enforcement authorities to take firm action against the perpetrators. Let’s have a look at some of the high-profile cases:

    1. Europol Arrested a Gang Involved in €20 Million Employment Fraud

    In 2021, law enforcement authorities of the European Union dismantled a gang which was involved in an employment scam. The criminals were allegedly offering fake jobs in the construction sector to labourers while demanding an initial fee to pay.

    It has been estimated that they illegally stole €20 million from people in a few years, urging authorities to take strict action against them after victims filed multiple complaints. The case is still being prosecuted and the penalties are yet to be decided.

    2. Hampton Gang Member Convicted for Pandemic Employment Fraud

    Law enforcement authorities in the US have arrested a criminal for his involvement in a pandemic-related employment fraud. The Police have also stated that the criminal had a whole gang behind him, and they are trying to prosecute more members connected to this case as well.

    As per the investigation, the criminal was taking money from people to get jobs for them by submitting fake documents to various companies. The court has sentenced him to 27 months in jail and vowed to take down the entire gang working behind him.

    Talent Acquisition Fraud and the Role of Law Enforcement Authorities

    Due to the rising cases of recruitment scams across the globe resulting in financial losses of millions of dollars, law enforcement authorities of various jurisdictions are taking stringent action against criminals.

    1. FBI Issued Instructions to Avoid Employment Scam

    The Federal Bureau of Investigation (FBI) has warned people to beware of cyber criminals using fake job listings to target applicants’ Personally Identifiable Information (PII).

    The FBI has instructed citizens and residents to only apply for jobs through official company channels, ignoring any emails, phone calls or messages received through unofficial accounts.

    Employment fraud has been termed as a potential crime by the FBI, costing US citizens $59 million in 2020. The authorities have also instructed citizens not to provide any sensitive personal details like bank account information, social security number, or state ID number to any job recruiter through emails or phone calls.

    2. UK Government – Raising Awareness of Employment Scams

    The UK government has also taken drastic steps to guide their citizens about employment scams and how to avoid them. It has been strongly recommended that people apply for jobs only through official portals or a company’s website directly.

    In their detailed guidance, the government has also instructed job seekers to verify any email, phone call or message through certain checks, including verifying all details from the company’s website.

    It has also been shared with employment seekers  not to proceed with any job application asking for money or any other personal details from you.

    How Shufti can Help

    Through talent acquisition scams, criminals not only defraud job seekers but also damage the reputation of established companies. So it is in a company’s best interest to find and implement a credible solution that efficiently mitigates the risks of stolen identity credentials.

    Shufti’s identity verification solutions provide an ideal option to counter this problem through its advanced identification features such as document authentication, facial recognition and address verification.

    Want to learn more about identity verification services for eliminating recruitment fraud?

    Connect with a KYC Expert

    Related Posts

    Blog

    Facial Recognition Kiosks: A Modern Innovation in the Food Industry?

    Background of Technological Advancement Technology is regarded as a new way of thinking or doing ...

    Facial Recognition Kiosks: A Modern Innovation in the Food Industry? Explore More

    Blog

    AUSTRAC’s ML/TF Risk Assessment 2021 – Other Domestic Banks Report [Part 2]

    Australia is an important member of the Financial Action Task Force and plays a substantial role ...

    AUSTRAC’s ML/TF Risk Assessment 2021 – Other Domestic Banks Report [Part 2] Explore More

    Blog

    Why Payment Processors Need Mobile ID Verification?

    One of the many by-products of progressing technology is payment systems that have cropped up ove...

    Why Payment Processors Need Mobile ID Verification? Explore More

    Blog

    COVID Passports – Bringing Convenience to the Travel & Tourism Sector

    “Sorry, the earth is closed today.”  Tony Stark’s sarcastic dialogue became the worst possible re...

    COVID Passports – Bringing Convenience to the Travel & Tourism Sector 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

    Top 5 Frequently Asked Questions about Biometric Verification

    Identity theft, data breaches, and other crimes are rising in this age of digitisation. A quick r...

    Top 5 Frequently Asked Questions about Biometric Verification Explore More

    Blog

    Effectiveness of the UK’s Economic Crime Bill in Combating Financial Crime

    The Russian invasion of Ukraine has resulted in a surge in financial crimes in the UK as Russian ...

    Effectiveness of the UK’s Economic Crime Bill in Combating Financial Crime Explore More

    Blog

    Mounting Cases of Money Laundering through Digital Currencies in 2021

    Even though cryptocurrencies like Bitcoin, Ethereum, and Dogecoin are increasing rapidly, yet the...

    Mounting Cases of Money Laundering through Digital Currencies in 2021 Explore More

    Blog

    How biometrics in visa process reduce travel difficulties

    Biometric technology is enhancing the travel industry in many ways.  Factors that drive the secur...

    How biometrics in visa process reduce travel difficulties Explore More

    Blog

    Money Laundering Through Cryptocurrency: Red Flags and AML Risks

    As the use of virtual assets becomes widespread, crypto firms have a major dilemma to deal with &...

    Money Laundering Through Cryptocurrency: Red Flags and AML Risks Explore More

    Blog

    The Latest KYC Regulation Bill for Bitcoin ATMs and DeFi Platforms

    As the digital revolution takes hold worldwide, there has been an unparalleled surge in the adopt...

    The Latest KYC Regulation Bill for Bitcoin ATMs and DeFi Platforms Explore More

    Blog

    Securing Public Facilities with Touchless ID Verification Kiosks

    Due to the coronavirus pandemic, social distancing became the utmost need of the hour. Given the ...

    Securing Public Facilities with Touchless ID Verification Kiosks Explore More

    Blog

    AML Compliance – Global Watchlists that Businesses Need to Consider

    Coordinated sanctions after the Russian invasion of Ukraine have made the headlines due to their ...

    AML Compliance – Global Watchlists that Businesses Need to Consider 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

    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

    Gaming Industry Crimes and KYC/AML Solutions – What Shufti Can Offer

    From the world’s glitziest gaming development to betting shops on the high streets, the global ga...

    Gaming Industry Crimes and KYC/AML Solutions – What Shufti Can Offer Explore More

    Blog

    6 Industry Experts Share Their Thoughts on NFC ID Verification

    Thanks to the growth of contactless transaction systems like Apple Pay, NFC is now a mainstream t...

    6 Industry Experts Share Their Thoughts on NFC ID Verification 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

    Know Your Patient (KYP) | 4 KYP Compliance Trends for 2024

    Nothing is more constant than change, and this is never more evident than in the Know Your Patien...

    Know Your Patient (KYP) | 4 KYP Compliance Trends for 2024 Explore More

    Blog

    Industries that Need Digital Identity Verification and Why?

    With continuous improvements in technology, different industries of the world are streamlining th...

    Industries that Need Digital Identity Verification and Why? Explore More

    Blog

    Perpetual KYC – Securing Businesses through Continuous Identity Verification

    With regulatory scrutiny increasing globally, failures or loopholes in security systems pose a si...

    Perpetual KYC – Securing Businesses through Continuous Identity Verification Explore More

    Blog

    Ensuring Compliance and Preventing Losses Due to Fraud in the Banking Sector

    Banks are thought to be the most important part of the financial system, playing a vital role in ...

    Ensuring Compliance and Preventing Losses Due to Fraud in the Banking Sector Explore More

    Blog

    A Guide to Understanding KYC in Banking

    2022 has witnessed a rise in the number of fraudulent cases by 18% compared to 2021, damaging bus...

    A Guide to Understanding KYC in Banking Explore More

    Blog

    Employee Verification – First Line of Defence Against Corporate Fraud

    One day you wake up to the fact that the employee you’ve been trusting for years has been embezzl...

    Employee Verification – First Line of Defence Against Corporate Fraud Explore More

    Blog

    Top 6 trends in Anti-Money Laundering for 2020

    To enhance the scope of AML compliance, new regulations were brought into force throughout last y...

    Top 6 trends in Anti-Money Laundering for 2020 Explore More

    Blog

    Brazil to Launch CBDC: Its Impact on Financial Firms and How KYC/AML Can Help

    Where does the cash come from? The country’s central bank authorises the printing of paper ...

    Brazil to Launch CBDC: Its Impact on Financial Firms and How KYC/AML Can Help Explore More

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

    Winter is Coming: With a Storm of KYC and AML Regulations

    The ever-evolving regulations are creating challenges and complexities for the financial institut...

    Winter is Coming: With a Storm of KYC and AML Regulations Explore More

    Blog

    7 Trends in Identity Verification Solutions to look for in 2020

    Internet is an anonymous space where people can hide their identities and come up with bizarre ps...

    7 Trends in Identity Verification Solutions to look for in 2020 Explore More

    Blog, Reg Tech

    3 Reasons why RegTech is the Future of Innovation?

    Regulatory Technologies, commonly referred to as RegTech, is an innovative use case of Financial ...

    3 Reasons why RegTech is the Future of Innovation? Explore More

    Blog

    Breaking the KYC Remediation Cycle through a Risk-based Approach

    Banks have paid more than USD 30 billion over the past few years due to ineffective policies to c...

    Breaking the KYC Remediation Cycle through a Risk-based Approach Explore More

    Blog

    The Importance of Online Address Verification in E-Commerce

    The rise of digitisation has given hackers more means to surpass security systems and conduct hig...

    The Importance of Online Address Verification in E-Commerce 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, Online Marketplace

    Industrial significance of KYC / AML Compliance in 2019

    As the type and amount of fraudulent activities have increased over the years, governments and re...

    Industrial significance of KYC / AML Compliance in 2019 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

    Compliance and conversions don’t have to be at odds

    Compliance and conversions don’t have to be at odds 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 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

    Holiday Season – The Time of the Year When Frauds Soar Sky High

    Despite being the “most wonderful time of the year”, the holiday season is known to have the high...

    Holiday Season – The Time of the Year When Frauds Soar Sky High Explore More

    Blog, Identity & KYC, Online Marketplace

    Age Verification – Does Your Business Need It?

    Several businesses are unaware of the significance that age verification holds for their business...

    Age Verification –  Does Your Business Need It? 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

    UAE’s Crypto Landscape – Eliminating Financial Crime to Ensure Regulatory Compliance

    The UAE is the Middle East’s rapidly growing cryptocurrency hub that is experiencing a heated-up ...

    UAE’s Crypto Landscape – Eliminating Financial Crime to Ensure Regulatory Compliance Explore More

    Blog

    A Brief Overview of 2021 AML Trends

    Over the last decade, regulatory scrutiny on Anti-Money Laundering (AML) compliance has remained ...

    A Brief Overview of 2021 AML Trends 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

    Prevalent Crimes in Forex Industry – How Shufti Can Help in Mitigating Financial Crimes

    Emerging technologies and digitization are transforming the investment sector, creating opportuni...

    Prevalent Crimes in Forex Industry – How Shufti Can Help in Mitigating Financial Crimes Explore More

    Blog

    Addressing the Challenge of Money Laundering Risks for Payment Service Providers (PSPs)

    During the last few decades, the financial industry has altogether revolutionized, and digital tr...

    Addressing the Challenge of Money Laundering Risks for Payment Service Providers (PSPs) 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

    Money Laundering & Cybercrime on DeFi Platforms – Ensuring KYC/AML Compliance

    As a result of rapid digitization and the emergence of decentralized services, the financial mark...

    Money Laundering & Cybercrime on DeFi Platforms – Ensuring KYC/AML Compliance Explore More

    Biometric Technology, Blog

    How Liveness Detection is an apt Answer for Facial Spoof Attacks?

    The world went haywire on the launch of the new iPhone X; well, to be honest, when does it not? H...

    How Liveness Detection is an apt Answer for Facial Spoof Attacks? Explore More

    Blog

    5 Industry Leaders Shared Their Insights on the Future of Biometrics

    Modern technology has brought several conveniences to life. From the ease of working at home to s...

    5 Industry Leaders Shared Their Insights on the Future of Biometrics Explore More

    Blog

    6 in 10 Leaders Aren’t Ready for Deepfake Fraud Threats

    6 in 10 Leaders Aren’t Ready for Deepfake Fraud Threats Explore More

    Blog

    Global Expansion, Digitization, and Crimes – How Shufti Can Help Financial Industry

    The financial industry has seen significant technological changes over the past recent years. Man...

    Global Expansion, Digitization, and Crimes – How Shufti Can Help Financial Industry Explore More

    Blog

    Healthcare Industry and Prevailing Crimes – What Shufti Can Offer

    Over the recent years, the medicare industry has completely transformed, and emerging innovations...

    Healthcare Industry and Prevailing Crimes – What Shufti Can Offer Explore More

    Blog, Identity & KYC

    Identity Verification – Key to Eliminate BEC Fraud

    Fraud prevention and cybersecurity are the major concerns of the companies in the digital era. No...

    Identity Verification – Key to Eliminate BEC Fraud Explore More

    Blog

    ID Verification – What new KYC Services Shufti launched in 2018?

    Shufti started 2018 with an aim to fight the menace of digital fraud, identity theft, and onl...

    ID Verification – What new KYC Services Shufti launched in 2018? Explore More

    Blog

    Money Laundering & Cybercrime on DeFi Platforms – Ensuring KYC/AML Compliance

    As a result of rapid digitization and the emergence of decentralized services, the financial mark...

    Money Laundering & Cybercrime on DeFi Platforms – Ensuring KYC/AML Compliance Explore More

    Blog

    10 Ways to Eliminate Business Fraud with Robotic Process Automation (RPA)

    One of the prime concerns of businesses today is detecting and mitigating the risk of fraud. This...

    10 Ways to Eliminate Business Fraud with Robotic Process Automation (RPA) Explore More

    Blog

    NFC – Building New Grounds for Identity Verification

    Near Field Communication (NFC) is based on the famous RFID technology. In 2002, Nokia was the fir...

    NFC – Building New Grounds for Identity Verification Explore More

    Blog

    Identity Verification vs Authentication: The Key Differences

    Organisations today face significant concerns regarding data breaches and identity theft. Nearly ...

    Identity Verification vs Authentication: The Key Differences Explore More

    Blog

    Shufti Celebrates 5 Years of Innovation in the IDV Industry

    October 2022 marks Shufti’s 5th anniversary – five successful years of building trust globall...

    Shufti Celebrates 5 Years of Innovation in the IDV Industry Explore More

    Blog

    A Detailed Insight into Due Diligence for SMEs in Europe

    Recent developments in due diligence legislations have prompted debate on SMEs being subject to t...

    A Detailed Insight into Due Diligence for SMEs in Europe 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

    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

    AUSTRAC’s ML/TF Risk Assessment Report on Foreign Bank Branches [Part 3]

    This blog makes the third chapter of our four-part series on AUSTRAC’s report on the Banking Sect...

    AUSTRAC’s ML/TF Risk Assessment Report on Foreign Bank Branches [Part 3] Explore More

    Blog

    Anti-Money Laundering (AML) Screening | Combat Online Gambling Scams Effectively

    Online gambling has seen significant adoption in the past few years because of the convenience, v...

    Anti-Money Laundering (AML) Screening | Combat Online Gambling Scams Effectively Explore More

    Blog

    Initial Exchange Offerings (IEOs) – A Detailed Insight

    The advent of the Crypto industry brought decentralized and innovative fundraising ways. One of t...

    Initial Exchange Offerings (IEOs) – A Detailed Insight Explore More

    Blog

    Restricting Criminals from Exploiting Investment Industry with Shufti AML Screening Solution

    Investing the accumulated capital of investors in financial securities is the primary task of inv...

    Restricting Criminals from Exploiting Investment Industry with Shufti AML Screening Solution Explore More

    Blog

    5 Key Market Trends in Identity Verification

    The year 2020 has caused a dramatic shift in the business industry and our way of living.  The si...

    5 Key Market Trends in Identity Verification Explore More

    Blog

    The Importance of Online Address Verification in E-Commerce

    The rise of digitisation has given hackers more means to surpass security systems and conduct hig...

    The Importance of Online Address Verification in E-Commerce Explore More

    Blog

    EU’s Smart ID Wallet – Paving the Way for a Seamless Digital World

    A few days back, the European Union Commission published a draft for digital ID wallets for all t...

    EU’s Smart ID Wallet – Paving the Way for a Seamless Digital World 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

    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, Online Marketplace

    How AI is Transforming Fraud Prevention in the Healthcare Industry

    KYC For HealthCare: Fraud is so common that there is hardly any industry that hasn’t had to bear ...

    How AI is Transforming Fraud Prevention in the Healthcare Industry 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