The Top 10  Most Difficult Countries for Identity Verification

The Top 10  Most Difficult Countries for Identity Verification

Download Report

LifeLabs Hit By a Data Breach Affecting Personal Information of 15 Million People

lifelabs hit

Canadian laboratory testing company, LifeLabs, disclosed on Tuesday that it had been a victim of a cyberattack that may have compromised the personal information of approximately 15 million people, mainly in British Columbia and Ontario. 

LifeLabs is the country’s largest private provider of diagnostic testing for health care. In October, it was hit by the attack and it had to pay a ransom to retrieve the stolen data. 

Charles Brown, CEO of LifeLabs told Postmedia said, 

“This is still under police investigation. I just can’t talk about actual details of who did what, (or) how we got contacted (about the ransom demand).”

Privacy agents in Ontario and British Columbia said the company had notified them of the breach on Nov. 1.

According to LifeLabs, the compromised information could contain customers’ names, addresses, email, login, passwords, date of birth, health card number and lab test results. 

The company said it has fixed the system issues and added safeguards to protect customer information. The breach is being jointly investigated by privacy commissioners in British Columbia and Ontario. 

“LifeLabs advised our offices that cybercriminals penetrated the company’s systems, extracting data and demanding a ransom,” the joint statement by the commissioners said. 

The data breach of lab test results affected 85,000 customers from 2016 or earlier located in Ontario. 

The company and its security providers are confident that the information will not be further compromised. 

“I want to emphasize that at this time, our cybersecurity firms have advised that the risk to our customers in connection with this cyber-attack is low and that they have not seen any public disclosure of customer data as part of their investigations, including monitoring of the dark web and other online locations, Brown said in a letter to customers that the company released publicly.

Related Posts

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

Rules for AMLC Inquiry for Bank Accounts Released by the Court of Appeals (CA)

On Sunday, the Court of Appeals (CA) issued its rule of process for assessing the deposit or inve...

Rules for AMLC Inquiry for Bank Accounts Released by the Court of Appeals (CA) Explore More

News

Sri Lanka removed from the high-risk money-laundering list

COLOMBO – Sri Lanka was recently removed from the list of high-risk countries for money lau...

Sri Lanka removed from the high-risk money-laundering list Explore More

News

UK’s AML Regulations for Art Market Excludes Art Creators

The UK to implement new Anti-Money Laundering regulation to cover the art market from 10th June 2...

UK’s AML Regulations for Art Market Excludes Art Creators Explore More

News

Turkey’s Regulatory Authorities Oblige Rigid Crypto Licensing Measures

Turkey’s Regulatory Authorities stated they will develop rigid regulations for crypto service pla...

Turkey’s Regulatory Authorities Oblige Rigid Crypto Licensing Measures Explore More

News

Australia introduces new rules to tackle mobile identity theft

Acma (Australian Communications and Media Authority) has introduced a new regulation to fight ide...

Australia introduces new rules to tackle mobile identity theft Explore More

News

London’s Bank Sees Rise in Crypto Scams Supposedly Backed By Celebrities

An alarming surge in reports on crypto scams backed by celebrities is being seen by a major finan...

London’s Bank Sees Rise in Crypto Scams Supposedly Backed By Celebrities Explore More

News

Archipelago Trading Fined $1.5 Million for SAR and AML Failings

The US Security and Exchange Commission (SEC) fined the Archipelago Trading company over the shor...

Archipelago Trading Fined $1.5 Million for SAR and AML Failings Explore More

News

Ireland Campaigns to make Dublin the EU AML Authority Headquarter

A team was established in the Department of Finance by the Irish government to campaign for Dubli...

Ireland Campaigns to make Dublin the EU AML Authority Headquarter Explore More

News

CFTC Fines CHS Hedging for AML and Other Violations

The Commodity Futures Trading Commission (CFTC) has fined CHS Hedging a civil monetary penalty of...

CFTC Fines CHS Hedging for AML and Other Violations Explore More

News

FATF to Conduct Checks & ‘Gray List’ Countries to Enforce Crypto AML Regulations

Global financial watchdog FATF has planned to perform checks and ‘grey list’ countries to ensure ...

FATF to Conduct Checks & ‘Gray List’ Countries to Enforce Crypto AML Regulations Explore More

News

Man arrested for money laundering offenses related to COVID-19

A 39-year-old Singaporean man has been apprehended for his suspected involvement in money launder...

Man arrested for money laundering offenses related to COVID-19 Explore More

News

CBN Introduces New Anti-Money Laundering Rules for Microfinance Banks

The Central Bank of Nigeria has issued a guidance note that is aimed to prevent money laundering ...

CBN Introduces New Anti-Money Laundering Rules for Microfinance Banks Explore More

News

London’s Bank Sees Rise in Crypto Scams Supposedly Backed By Celebrities

An alarming surge in reports on crypto scams backed by celebrities is being seen by a major finan...

London’s Bank Sees Rise in Crypto Scams Supposedly Backed By Celebrities Explore More

News

TD Banking Group Expects US Penalties for Money Laundering

TD Banking Group disclosed that they expect fines and non-compliance penalties related to US auth...

TD Banking Group Expects US Penalties for Money Laundering Explore More

News

Shufti is nominated for ‘Oustanding Product/ Service’

Global business excellence awards nominated Shufti for the category of outstanding product/ s...

Shufti is nominated for ‘Oustanding Product/ Service’ Explore More

News

Pacific Financial Intelligence Unit Collaborates to Combat Money Laundering

The Financial Intelligence Unit of the Pacific region arranged the meeting last week to enhance t...

Pacific Financial Intelligence Unit Collaborates to Combat Money Laundering Explore More

News

Hong Kong Police Reveals 822 Romance Scams Occurred in 1H of 2021

The Hong Kong Police has advised the public to remain cautious when meeting people online due to ...

Hong Kong Police Reveals 822 Romance Scams Occurred in 1H of 2021 Explore More

News

Brexit Deal Decides the Future of Financial Service in the UK and the EU

Marketers have finally realized the full text of the deal between the UK and Brussels regarding t...

Brexit Deal Decides the Future of Financial Service in the UK and the EU Explore More

News

FSRA Imposed a Dh 1.32 Million Fine on Wise Nuqud Ltd for AML Failings

FSRA imposed a Dh 1.32 million fine on Wise Nuqud for AML failings. Wise cooperated in the invest...

FSRA Imposed a Dh 1.32 Million Fine on Wise Nuqud Ltd for AML Failings Explore More

News

HSBC Fined £64m for “Unacceptable AML Failings”

HSBC was fined by the UK’s financial regulator for ‘deficient transaction monitoring controls’. W...

HSBC Fined £64m for “Unacceptable AML Failings” Explore More

News

ICC Qatar is going to have a seminar on money laundering and terrorist financing

The International Chamber of Commerce (ICC) Qatar is conducting a compliance awareness seminar on...

ICC Qatar is going to have a seminar on money laundering and terrorist financing Explore More

News

Qatar Takes Steps to Strengthen its AML/CFT and Sanctions Compliance

A webinar organised by ICC Qatar emphasised the efforts of Qatar to strengthen its AML/CFT and sa...

Qatar Takes Steps to Strengthen its AML/CFT and Sanctions Compliance Explore More

News

EU Parliament Reaches Provisional Agreement on Extending Rules for Crypto Assets

The Council Presidency has reached a provisional agreement with the EU Parliament regarding the r...

EU Parliament Reaches Provisional Agreement on Extending Rules for Crypto Assets Explore More

News

UK’s FCA Warns Challenger Banks Over Inadequate AML Measures

The UK’s main financial regulator has warned challenger banks to improve measures for fighting fi...

UK’s FCA Warns Challenger Banks Over Inadequate AML Measures 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

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

Transnational Organised Crime at Peak in Latin America through Cryptocurrencies

Transnational criminal organisations that have moved billions of dollars across Latin America are...

Transnational Organised Crime at Peak in Latin America through Cryptocurrencies Explore More

News

National Audit Office Plans to Review FCA’s Responsibilities

The National Audit Office (NAO) plans to assess the Financial Conduct Authority (FCA)’s growing r...

National Audit Office Plans to Review FCA’s Responsibilities Explore More

News

FATF Claims Golden Visa Programs Raise Financial Crimes Activities

The international regulatory body, Financial Action Task Force (FATF), reported that Citizenship ...

FATF Claims Golden Visa Programs Raise Financial Crimes Activities Explore More

News

SEC Ramps Up Efforts to Tackle Identity Theft in the Captial Market

The Securities and Exchange Commission (SEC) has noted that the Identity Management System will d...

SEC Ramps Up Efforts to Tackle Identity Theft in the Captial Market Explore More

News

CCPA in effect – Mozilla firefox will let users delete their collected data

The California Consumer Privacy Act came into effect on Wednesday, Jan 1. Being obliged by the ne...

CCPA in effect – Mozilla firefox will let users delete their collected data Explore More

News

National Westminster Bank Pleads Guilty to AML Breaches

NatWest has stated that it violated multiple anti-money laundering regulations that required the ...

National Westminster Bank Pleads Guilty to AML Breaches Explore More

News

IPEC to Collaborate With FIU to Improve AML Framework

IPEC to collaborate with FIU to identify terrorist financing and money laundering risks that are ...

IPEC to Collaborate With FIU to Improve AML Framework Explore More

News

European Commission to Negotiate Scope of NFTs & Private Wallets in Crypto Regulation

Members of the EU Parliament, the European Commission, and state representatives are all set to n...

European Commission to Negotiate Scope of NFTs & Private Wallets in Crypto Regulation Explore More

News

China’s digital yuan to be tested by 19 firms including McDonald’s and Starbucks

Starbucks and McDonald’s are among 19 businesses that will test China’s new digital c...

China’s digital yuan to be tested by 19 firms including McDonald’s and Starbucks Explore More

News

Money Laundering Proceedings Against Pilatus Set Back Indefinitely

Money laundering proceedings against Pilatus Bank and its former top officials will likely be set...

Money Laundering Proceedings Against Pilatus Set Back Indefinitely Explore More

News

US Justice Department Helps Brazilian Government to Seize $24 Million in Crypto Fraud

An official request from the Brazilian government was made to the US government for helping to se...

US Justice Department Helps Brazilian Government to Seize $24 Million in Crypto Fraud Explore More

News

CBR to Restrict Crypto-Related Transactions to Prevent Financial Crime

The Central Bank of Russia is limiting ways for cryptocurrency investments including blocking pay...

CBR to Restrict Crypto-Related Transactions to Prevent Financial Crime Explore More

News

First Canadian bank introduces digital ID verification

Digital Identity is progressing in Canada, with a new bank account opening process backed by digi...

First Canadian bank introduces digital ID verification Explore More

News

FATF Withdraws Switzerland From AML Enhanced Measures List

The Financial Action Task Force (FATF) removed Switzerland from the enhanced money-laundering com...

FATF Withdraws Switzerland From AML Enhanced Measures List 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

Amazon Warns UK Customers Over Rising Threat of Impersonation Scams

Amazon has cautioned UK customers about the rising threat of impersonation scams via phone calls,...

Amazon Warns UK Customers Over Rising Threat of Impersonation Scams Explore More

News

NFT Market Skyrockets to $44 Billion as Money Laundering Increases

The non-fungible token (NFT) market value has increased from $106 million in 2020 to $44 billion ...

NFT Market Skyrockets to $44 Billion as Money Laundering Increases Explore More

News

FATF to Decide Grey Listing of South Africa

FATF will announce its decision regarding the greylisting of South Africa on 24th February 2023. ...

FATF to Decide Grey Listing of South Africa 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

FINMA Allows Chip Scanning and Geolocation for Digital Customer Onboarding

The FINMA now enables the scanning of microchips inserted in biometric ID documents as an element...

FINMA Allows Chip Scanning and Geolocation for Digital Customer Onboarding Explore More

News

UK’s Victoria Gate Casino Fined $613K over AML Failings

The Source of funds for 10 customers were left unidentified by UK’s Victoria Gate Casino, resulti...

UK’s Victoria Gate Casino Fined $613K over AML Failings Explore More

News

Germany to Form a new Anti-Money Laundering Agency

Germany is reportedly forming a new AML agency that aims to regulate sanction efforts and money l...

Germany to Form a new Anti-Money Laundering Agency Explore More

News

Nigeria, Myanmar, and Türkiye Take Effective Steps to Meet FATF Recommendations

Myanmar, Nigeria, and Türkiye are implementing effective measures to level up anti-money launderi...

Nigeria, Myanmar, and  Türkiye Take Effective Steps to Meet FATF Recommendations Explore More

News

UAE Making ‘Strong Progress’ in Efforts to Prevent Financial Crimes

The Minister of Foreign Affairs said that the UAE is making “strong progress” to prevent illicit ...

UAE Making ‘Strong Progress’ in Efforts to Prevent Financial Crimes Explore More

News

FATF to Conduct Checks & ‘Gray List’ Countries to Enforce Crypto AML Regulations

Global financial watchdog FATF has planned to perform checks and ‘grey list’ countries to ensure ...

FATF to Conduct Checks & ‘Gray List’ Countries to Enforce Crypto AML Regulations 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

AUSTRAC to Update Guidance for Threshold Transaction Reporting

AUSTRAC has made it mandatory for reporting entities to include a threshold transaction report (T...

AUSTRAC to Update Guidance for Threshold Transaction Reporting Explore More

News

FATF Calls for Tighter Regulations to Fill Voids in Virtual Asset Compliance

The Financial Action Task Force (FATF) highlighted a regulatory gap in the compliance system for ...

FATF Calls for Tighter Regulations to Fill Voids in Virtual Asset Compliance Explore More

News

Philippines’ Anti-Money Laundering Counsel Increases AML Measures for Casino Junkets

The Philippines’ Anti-Money Laundering Counsel (AMLC) has stated that it is currently impro...

Philippines’ Anti-Money Laundering Counsel Increases AML Measures for Casino Junkets Explore More

News

FATF Urges Japan to Implement Stronger AML Measures

The FATF mutual evaluation report on Japan proposes the formation of a joint-agency body to enhan...

FATF Urges Japan to Implement Stronger AML Measures Explore More

News

Australia introduces new rules to tackle mobile identity theft

Acma (Australian Communications and Media Authority) has introduced a new regulation to fight ide...

Australia introduces new rules to tackle mobile identity theft Explore More

News

EFCC Urges DNFBPs to Align Operations with Newly Enacted Money Laundering Prohibition and Prevention Act 2022

EFCC has called on designated non-financial businesses and professions to conduct their dealings ...

EFCC Urges DNFBPs to Align Operations with Newly Enacted Money Laundering Prohibition and Prevention Act 2022 Explore More

News

Central Valley Towns Become the Hot Spot of Identity Theft

A new report identifies a small number of Central Valley towns with the highest incidence of iden...

Central Valley Towns Become the Hot Spot of Identity Theft Explore More

News

Money Service Businesses Tighten AML/CFT Measures Amid Challenges

Microfinance firms, remittance services, and cambios have reported success in upgrading AML/CFT m...

Money Service Businesses Tighten AML/CFT Measures Amid Challenges Explore More

News

FCA Fines Ghana International Bank Over £5 million for Money Laundering Failings

The Financial Conduct Authority (FCA) has imposed a £5,829,900 financial penalty on Ghana Interna...

FCA Fines Ghana International Bank Over £5 million for Money Laundering Failings Explore More

News

Major US Twitter accounts hacked in Bitcoin scam

Billionaires Elon Musk, Jeff Bezos, Barack Obama, Joe Biden and Bill Gates are among the many US ...

Major US Twitter accounts hacked in Bitcoin scam Explore More

News

“Student” Occupation Flagged for Money Laundering in Canadian Real Estate

Son of “wanted for defrauding 60,000 investors” Chinese parents laundered millions of dollars int...

“Student” Occupation Flagged for Money Laundering in Canadian Real Estate Explore More

News

The US Securities and Exchange Commission Identifies AML Failures of US Brokerage Firms

The Securities and Exchange Commission (SEC) has reported that compliance reviews of US brokerage...

The US Securities and Exchange Commission Identifies AML Failures of US Brokerage Firms Explore More

News

Saudi Arabia has Achieved Another Victory in the Battle Against Financial Crimes

Saudi authorities seized $1.06 million from a criminal gang accused of money laundering. The culp...

Saudi Arabia has Achieved Another Victory in the Battle Against Financial Crimes Explore More

News

European Commission Warns of Trade Laws Violation as EU Bans Tax-Haven Crypto Firms

The European Commission has issued a new warning on breaching global trade laws as the EU bans ta...

European Commission Warns of Trade Laws Violation as EU Bans Tax-Haven Crypto Firms Explore More

News

Hacker steals $250K by exploiting Bitcoin exchange Bisq

A hacker identified a significant software flaw on the decentralized Bitcoin exchange, Bisq, to s...

Hacker steals $250K by exploiting Bitcoin exchange Bisq Explore More

News

Australian Law Council Reports Practitioners Successfully Mitigating Money Laundering Risks

The Australian Law Council claimed they noticed in the survey that lawyers uphold rigorous regula...

Australian Law Council Reports Practitioners Successfully Mitigating Money Laundering Risks Explore More

News

UK Convicts 11 Couriers for Conspiring to Launder $124 Million in Cash to Dubai

An investigation conducted by the UK’s National Crime Agency led to the conviction of 11 co...

UK Convicts 11 Couriers for Conspiring to Launder $124 Million in Cash to Dubai Explore More

News

BaFin Threatens Deutsche Bank of Fines Over Weak AML Controls

Germany’s Financial Watchdog BaFin is not satisfied with the efforts of Deutsche Bank AG to contr...

BaFin Threatens Deutsche Bank of Fines Over Weak AML Controls Explore More

News

SEC Unfolds Strict Regulations to Prevent Financial Crimes in Stock Market

SEC (Securities Exchange Commission) is to implement tough regulations to prevent money launderin...

SEC Unfolds Strict Regulations to Prevent Financial Crimes in Stock Market 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