Read More about fast-id page

Shufti globally launches webinr-icon - a new kind of identity solution!

Shufti globally launches - a new kind of identity solution!

Read more

Fake Vaccination Certificates Becoming a Full-blown Industry in 29 Countries

news1

Thousands of fake vaccination certificates are being sold on the dark web, and through the messaging app Telegram, for a price as low as USD 75. 

With most countries focusing their efforts on vaccinating the citizens, fake COVID-19 certificates have become a much bigger problem. A new report by Check Point Research has discussed how fake vaccination certificates are becoming an industry of their own in 29 countries. 

According to a Check Point Research update, the black market for fake vaccine certificates has expanded across 29 countries, 10 of which include Austria, Brazil, Latvia, Lithuania, Malta, Portugal, Singapore, Thailand, UAE, and India. 

A single fake vaccination certificate in India is being sold at a price of USD 75 (INR 5,520), states the report.

The report adds that by March 2021, the majority of fake coronavirus certificates were being advertised on the Darknet. With more consumers engaging in the creation and purchase of these certificates, the process has come to Telegram – an instant messaging platform that is proving to be much more convenient than the Darknet.

“Check Point Software has been studying the Darknet and Telegram for coronavirus-related activities all year. Vendors are choosing to advertise and do business on Telegram because Telegram is less technical to use compared to the Darknet, allowing them to reach an inordinate amount of people, fast,” Oded Vanunu, Head of Products Vulnerability Research at CPR stated.

The report further suggests that the number of individuals producing fake vaccination certificates has grown “exponentially”, growing from approximately 1,000 sellers in August 2021 to nearly 10,000 sellers in September 2021.

“I strongly recommend people to not engage these sellers for anything, as these vendors are after more than just selling you fake vaccination cards,”  Vanunu advised.

With most countries mandating Covid-19 certificates, verification of these documents have become equally important. COVID Certificate Verification is facilitating numerous industry sectors, including cinemas, airports, and shopping malls, by verifying Covid-19 certificates through a fully automated process. With the use of AI technology, the solution effectively weeds out fraudulent vaccination certificates within seconds. 

With fake vaccination certificates becoming a new scheme of fraud in 29 countries, digital COVID Certificate Verification has become the tool of the hour. 

Suggested Read: COVID Certificate Verification – Mounting Cases of Worldwide COVID-19 Fraud

Related Posts

News

US Treasury Hits Bittrex with $53 Million Fine Over Sanctions Violations

The US Treasury Department has imposed a $53 million fine on Bittrex for violating sanctions and ...

US Treasury Hits Bittrex with $53 Million Fine Over Sanctions Violations Explore More

News

China plans on introducing digital yuan

China’s central bank has sent one of its strongest signals yet of a commitment to creating ...

China plans on introducing digital yuan Explore More

News

Nigerian-Owned Tech Firm, Flutterwave, Closes 45 Bank Accounts Due to Money Laundering

A group of 2,468 Nigerian nationals accused Flutterwave Payments Technology of defrauding them of...

Nigerian-Owned Tech Firm, Flutterwave, Closes 45 Bank Accounts Due to Money Laundering Explore More

News

Prevailing Financial Crimes Make London a Safe Haven for Money Launderer

The UK’s capital is exposed to multiple financial crimes including money laundering and thefts wi...

Prevailing Financial Crimes Make London a Safe Haven for Money Launderer Explore More

News

Client Sues Credit Suisse for Losing $607 Million in Fraud Scheme

A Georgian billionaire, Bidzina Ivanishvili, has sued the Swiss bank, Credit Suisse over a Fraud ...

Client Sues Credit Suisse for Losing $607 Million in Fraud Scheme Explore More

News

Philippine Banks Struggle to Comply with AML Regulations

Philippian banks and financial institutions are struggling with compliances regarding the anti-mo...

Philippine Banks Struggle to Comply with AML Regulations Explore More

News

Cryptocurrency criminals are lurking on Youtube

Cryptocurrency criminals are lurking on YouTube, a recent lawsuit filed by Apple co-founder Steve...

Cryptocurrency criminals are lurking on Youtube Explore More

News

China’s Fight Against Rampant Telecom Scams – Cracked 5,94000 Cases in Just 15 Months

China has passed a law to prevent telecom and online scams, allowing enforcement agencies to foll...

China’s Fight Against Rampant Telecom Scams – Cracked 5,94000 Cases in Just 15 Months Explore More

News

FATF Issues New Guidance on Mitigating Proliferation Financing Risk

The new guidance puts a spotlight on the need for effective onboarding processes, ongoing monitor...

FATF Issues New Guidance on Mitigating Proliferation Financing Risk Explore More

News

Homeland Security expects to have biometric data on nearly 260 million people

The US Department of Homeland Security (DHS) will soon have face, fingerprint and iris scans of a...

Homeland Security expects to have biometric data on nearly 260 million people Explore More

News

FATF Report Highlights Weaknesses in South Africa’s AML Systems

South Africa has a solid legal framework to combat money laundering and terrorist financing but h...

FATF Report Highlights Weaknesses in South Africa’s AML Systems Explore More

News

Money Remittance in Singapore at the Highest Risk of TF

The money remittance sector and banking sector in Singapore has become the highest target for cri...

Money Remittance in Singapore at the Highest Risk of TF Explore More

News

Hackers Leak Stolen Patient Data After Ransomware Attack on Medibank

Medibank has warned its customers to be extra cautious after hackers started disclosing private m...

Hackers Leak Stolen Patient Data After Ransomware Attack on Medibank Explore More

News

Garantex Sanctioned by the US for Laundering Over $100 Million

The US Treasury Department has sanctioned the virtual currency exchange Garantex for facilitating...

Garantex Sanctioned by the US for Laundering Over $100 Million Explore More

News

ECB Releases Paper Revealing Financial Crime Risks in Cross-border Payments

ECB has released a paper that reveals the financial risks associated with cross-border payments, ...

ECB Releases Paper Revealing Financial Crime Risks in Cross-border Payments Explore More

News

Livestreaming Helps Shanghai Police Crack Money Laundering Case

There has been an arrest of a live streamer by Shanghai police who had been tipped off by a live ...

Livestreaming Helps Shanghai Police Crack Money Laundering Case Explore More

News

Brace for Home Visits, FCA Warns Remote Traders and Bankers

UK’s Financial Conduct Authority has issued a warning for all hybrid-working financial institutio...

Brace for Home Visits, FCA Warns Remote Traders and Bankers Explore More

News

Indian Brokers Under Investigation for Alleged Money Laundering and Identity Theft

Three of the most prominent brokers in the country have come under scrutiny from numerous regulat...

Indian Brokers Under Investigation for Alleged Money Laundering and Identity Theft Explore More

News

EU Urges the UK to Push Harder on Tax Avoidance and AML Regulations

The European Union has shown concerns regarding legal permits which allow financial services prov...

EU Urges the UK to Push Harder on Tax Avoidance and AML Regulations Explore More

News

EU Suggests Blacklisting UAE Following “Dubai Uncovered” Leaks

The EU has suggested blacklisting UAE under the “Dubai Uncovered” leaks depicting how sanctioned ...

EU Suggests Blacklisting UAE Following “Dubai Uncovered” Leaks Explore More

News

SMS Phishing Scams are Impersonating State Agencies – FTC Warns

FTC issues warning against SMS phishing attacks that are impersonating state workforce agencies t...

SMS Phishing Scams are Impersonating State Agencies – FTC Warns Explore More

News

Money Laundering in Ireland Skyrockets as Criminals Move Online

The cases of money laundering in Ireland has more than doubled last year and now it has spiked si...

Money Laundering in Ireland Skyrockets as Criminals Move Online Explore More

News

Australian Bank, Westpac, Accused of 23 Million Money Laundering Breaches

Australia’s financial intelligence agency, The Australian Transaction Reports and Analysis Centre...

Australian Bank, Westpac, Accused of 23 Million Money Laundering Breaches Explore More

News

Cyber Attacks are More Frequent During the Holiday Season: CISA

The holiday season is always accompanied by deals, discounts, special offers and countless shoppi...

Cyber Attacks are More Frequent During the Holiday Season: CISA Explore More

News

Pakistan Launches Contactless Biometric Verification for Banking

Pakistan has become one of the first countries in the world to implement biometric verification t...

Pakistan Launches Contactless Biometric Verification for Banking Explore More

News

FCA Raises Major Concerns about Investing in Non-Fungible Tokens (NFTs)

The FCA highlighted the significant risk associated with the Non-Fungible Tokens (NFTS) which may...

FCA Raises Major Concerns about Investing in Non-Fungible Tokens (NFTs) Explore More

News

Beware: Vaccine-phishing scams have risen by 500 percent

Vaccine-phishing scams have increased by 530 per cent, as stated by a new study by Unit 42, the P...

Beware: Vaccine-phishing scams have risen by 500 percent Explore More

News

US Targets More Russian Yachts Linked to Putin as Part of Extended Sanctions

The Treasury Department has expanded its Russian sanctions to target Moscow’s access to yachts as...

US Targets More Russian Yachts Linked to Putin as Part of Extended Sanctions Explore More

News

24 scammers arrested on money laundering charges

Government officials have arrested over 24 money laundering suspects due to an online fraud opera...

24 scammers arrested on money laundering charges Explore More

News

Hong Kong’s New Crypto Regulations may Attract Web3 Firms Back

Hong Kong’s new proposed crypto regulation received Huobi Global’s, a Chinese crypto platform, pl...

Hong Kong’s New Crypto Regulations may Attract Web3 Firms Back Explore More

News

Turkish Regulatory Authorities Launch Investigation on Social Media Influencers for Money Laundering

Turkey’s Minister of Social and Labour Security Department stated they are conducting an in-depth...

Turkish Regulatory Authorities Launch Investigation on Social Media Influencers for Money Laundering Explore More

News

Dutch Money Mule Caught Involved in $3.5M of Money Laundering in Australia

A 22-year old Dutch national has been arrested by Australian Police for being a money mule in a m...

Dutch Money Mule Caught Involved in $3.5M of Money Laundering in Australia Explore More

News

EU Removes Iraq From List of High-Risk Money Laundering Countries

Iraq has been de-listed from the EU’s list of high-risk countries for money laundering and terror...

EU Removes Iraq From List of High-Risk Money Laundering Countries Explore More

News

France Ranked Among Countries with Effective Measures to Tackle Financial Fraud

The latest FATF report ranks France among countries that have effective measures in combating fin...

France Ranked Among Countries with Effective Measures to Tackle Financial Fraud Explore More

News

Guyana Joins Sister Caribbean Countries to Stop Money Laundering

“Guyana has joined the Caribbean network to counter money laundering and introduced a global fina...

Guyana Joins Sister Caribbean Countries to Stop Money Laundering Explore More

News

Economic and Financial Crimes Commission (EFCC) Notifies Estate Agents of Anti-Money Laundering Procedures

The Economic and Financial Crime Commission (EFCC) has instructed estate agents in Port Harcourt ...

Economic and Financial Crimes Commission (EFCC) Notifies Estate Agents of Anti-Money Laundering Procedures Explore More

News

Businesses at Risk Due to 6AMLD by the European Union

The European Union imposed the fifth anti-money laundering directive in January 2020, which enhan...

Businesses at Risk Due to 6AMLD by the European Union Explore More

News

Taiwan FSC to Ease Authentication Rules through Biometric Verification

According to new rules, banks will be using biometric authentication methods to fulfil ID authent...

Taiwan FSC to Ease Authentication Rules through Biometric Verification Explore More

News

Seattle Airport Resists Federal Push for Facial Recognition

Facial recognition technology won’t be installed at the boarding gates of the Seattle-Tacoma Inte...

Seattle Airport Resists Federal Push for Facial Recognition Explore More

News

Binance Tightens KYC Verification to Meet Regulatory Compliance

Customers that fail to meet the new requirements will only be allowed to withdraw funds, close po...

Binance Tightens KYC Verification to Meet Regulatory Compliance Explore More

News

Crown Resorts Accused of ‘Serious and Systemic’ Money-Laundering Breaches

AUSTRAC has brought Crown Resorts to court as the casino breached anti-money laundering regulatio...

Crown Resorts Accused of ‘Serious and Systemic’ Money-Laundering Breaches Explore More

News

Natwest Caps Transfer Limit to Binance Over Fraud Concerns

Natwest bank is scrutinizing cryptocurrency transactions, including Binance transactions, due to ...

Natwest Caps Transfer Limit to Binance Over Fraud Concerns Explore More

News

FinCEN Alerts FIs of Sanction Evasion by Russian Entities Implicated in U.S. Commercial Property Investments

FinCEN alerted all the Financial Institutions warning about the risk of investment from sanctione...

FinCEN Alerts FIs of Sanction Evasion by Russian Entities Implicated in U.S. Commercial Property Investments Explore More

News

AFP to Crack Down on Italian Money Laundering Syndicates Operating in Australia

The AFP is set to crack down on Italian organised crime and money laundering syndicates flowing b...

AFP to Crack Down on Italian Money Laundering Syndicates Operating in Australia Explore More

News

FIAU Imposes €60,000 Fine on Audit Firm for AML Failings

€60,000 fine imposed on an audit company, for failing to report money laundering and suspected ta...

FIAU Imposes €60,000 Fine on Audit Firm for AML Failings Explore More

News

Hong Kong Arrests 13 in HK$53 million Money Laundering Case

13 people in Hong Kong have been arrested for money laundering and operating illegal gambling sit...

Hong Kong Arrests 13 in HK$53 million Money Laundering Case Explore More

News

FATF Finalizes Key Working Areas in its Fifth Plenary Meeting

FATF’s fifth plenary meeting consisting of 206 members of the Global Network and Observer organiz...

FATF Finalizes Key Working Areas in its Fifth Plenary Meeting Explore More

News

$9.8 Million Lost, 40 Arrested in Twitch Money Laundering Scheme

On Tuesday, 4th January, Turkish police took 40 suspects into custody from 11 provinces for alleg...

$9.8 Million Lost, 40 Arrested in Twitch Money Laundering Scheme Explore More

News

FMA Sues Tiger Brokers for AML/CTF Breaches

The Financial Markets Authority (FMA) has filed court proceedings against Tiger Brokers for alleg...

FMA Sues Tiger Brokers for AML/CTF Breaches Explore More

News

Credit Suisse Held Accountable for Money Laundering in Swiss Cocaine Cash Case

Credit Suisse was declared guilty by the Swiss Federal Criminal Court of deficient measures again...

Credit Suisse Held Accountable for Money Laundering in Swiss Cocaine Cash Case Explore More

News

Ransomware Targets Outdated Microsoft Excel Macros to Deploy Attacks

Microsoft Security Intelligence notified users of a type of ransomware, called Avaddon, that uses...

Ransomware Targets Outdated Microsoft Excel Macros to Deploy Attacks Explore More

News

SEC Cautions Citizens Regarding Digital Investment Scams in the Philippines

The Securities and Exchange Commission (SEC)  has warned the public to pay caution while making d...

SEC Cautions Citizens Regarding Digital Investment Scams in the Philippines Explore More

News

Australian Housing is the “Destination of Choice” for Money Laundering – Says Serena Lilywhite

Weak, outdated money laundering and terrorist financing laws are creating havoc in the real estat...

Australian Housing is the “Destination of Choice” for Money Laundering – Says Serena Lilywhite Explore More

News

The market for Digital Identity Solutions expected to double by 2024

The market for Digital Identity Solutions is predicted to double between 2019 and 2024, as report...

The market for Digital Identity Solutions expected to double by 2024 Explore More

News

US DOJ Arrests Two in Alleged NFT Money Laundering, Rug Pull Scheme

The US Department of Justice has arrested two in a $1.1 million non-fungible token fraud and mone...

US DOJ Arrests Two in Alleged NFT Money Laundering, Rug Pull Scheme Explore More

News

Abu Dhabi to Establish Executive Office to Combat Illicit Financial Flow

A specialised court in Abu Dhabi will be developed to oversee the measures to fight financial cri...

Abu Dhabi to Establish Executive Office to Combat Illicit Financial Flow Explore More

News

Danske Bank Charged with $413m for Defrauding Investors about AML Shortcomings

The Securities and Exchange Commission has charged Danske Bank $413 million for misleading its cu...

Danske Bank Charged with $413m for Defrauding Investors about AML Shortcomings Explore More

News

Gaming & Investment Firms in Malta Penalised with €4.6M for AML Failures

The financial intelligence Analysis Unit has issued an annual report that shows that the total fi...

Gaming & Investment Firms in Malta Penalised with €4.6M for AML Failures Explore More

News

Switzerland Falls Behind in the Fight Against Money Laundering

The Parliament of Switzerland has voted against the requirement of performing due diligence on la...

Switzerland Falls Behind in the Fight Against Money Laundering Explore More

News

China Introduces 5-Point Strategy to Enforce Crypto AML Measures

China’s newly appointed governor of the Central Bank emphasised the AML regulations to safeguard ...

China Introduces 5-Point Strategy to Enforce Crypto AML Measures Explore More

News

AUSTRAC Hits Military Bank with Enforcement Action to Ensure AML Compliance

The financial regulator in Australia has hit the Australian Military Bank with implementation act...

AUSTRAC Hits Military Bank with Enforcement Action to Ensure AML Compliance Explore More

News

Bahrain sentences three money-laundering suspects to prison

Bahrain fined three suspects of $9 million and sentenced them to prison in the Future Bank case. ...

Bahrain sentences three money-laundering suspects to prison Explore More

News

Indian Brokers Under Investigation for Alleged Money Laundering and Identity Theft

Three of the most prominent brokers in the country have come under scrutiny from numerous regulat...

Indian Brokers Under Investigation for Alleged Money Laundering and Identity Theft Explore More

News

Buy Now Pay Later Service Openpay Warned for AML Violations

Te Tari Taiwhenua, the Department of Internal Affairs, has issued a warning to an Australian Buy ...

Buy Now Pay Later Service Openpay Warned for AML Violations Explore More

News

Oman’s CMA Initiates Efforts to Improve Anti-Money Laundering Measures

Oman’s Capital Market Authority is sharpening its focus on improving its anti-money laundering an...

Oman’s CMA Initiates Efforts to Improve Anti-Money Laundering Measures Explore More

News

Black Friday Shoppers Alert: Digital Scam Victims Lose an Average of £1,000 Each

Black Friday shoppers have been advised to strengthen their cybersecurity as NFIB revealed that v...

Black Friday Shoppers Alert: Digital Scam Victims Lose an Average of £1,000 Each Explore More

News

Kazakhstan to Regulate Local Cryptocurrency Businesses

Kazakhstan is tightening its KYC and AML regulations for cryptocurrency exchanges to combat money...

Kazakhstan to Regulate Local Cryptocurrency Businesses Explore More

News

Albanian Financial Supervision Authority Approves Crypto Licensing Regime

Albanian Financial Supervision Authority has approved a licensing regime for crypto exchanges for...

Albanian Financial Supervision Authority Approves Crypto Licensing Regime Explore More

News

Janet Yellen, US Treasury Secretary to be, Prioritizes AML Regulations

Janet Yellen, incoming Secretary of the US Treasury has announced that AML legislation is the mos...

Janet Yellen, US Treasury Secretary to be, Prioritizes AML Regulations Explore More

News

ChatBooks notifies users of the data breach after data sold on the dark web

ChatBooks has recently disclosed the data breach following a cyber attack on its system that resu...

ChatBooks notifies users of the data breach after data sold on the dark web Explore More

News

SFC Issues Warning on Unregulated Virtual Asset Platforms

Binance has announced that stock tokens will no longer be available on its website for purchase a...

SFC Issues Warning on Unregulated Virtual Asset Platforms Explore More

News

Dutch Money Mule Caught Involved in $3.5M of Money Laundering in Australia

A 22-year old Dutch national has been arrested by Australian Police for being a money mule in a m...

Dutch Money Mule Caught Involved in $3.5M of Money Laundering in Australia 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