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

    Major US Twitter accounts hacked in Bitcoin scam

    bitcoin scams

    Billionaires Elon Musk, Jeff Bezos, Barack Obama, Joe Biden and Bill Gates are among the many US figures who are targeted by hackers on Twitter in an apparent Bitcoin scam.

    The official accounts of prominent figures were hacked and requested donations in the cryptocurrency. The US Senate Commerce committee has asked Twitter to brief it about the incident next week.

    So far Twitter has reported in a series of tweets that  it was a “coordinated” attack targeting its employees “with access to internal systems and tools”.

    Hackers used this access to take control of many highly-visible accounts and Tweet on their behalf. It is added that significant steps had been taken to limit access of criminals to such internal systems. For the time being Twitter has blocked users from being able to tweet Botcoin wallet addresses. 

    Meanwhile, Twitter chief executive Jack Dorsey tweeted about the incident: 

    “Tough day for us at Twitter. We all feel terrible this happened.”

     

    Moreover, People are urged to treat requests for money or sensitive information on social media with extreme caution. Cyber-security experts said that the breach could have been a lot worse in other circumstances.

    Related Posts

    News

    DOJ Arrested Three Individuals In A $722 Million Cryptocurrency Ponzi Scheme

    The Department of Justice arrested three men on Tuesday, December 10, on charges of running an el...

    DOJ Arrested Three Individuals In A $722 Million Cryptocurrency Ponzi Scheme Explore More

    News

    HKMA Issues Mandate to Encourage Innovation in AML/CFT

    Hong Kong’s Monetary Authority is set to launch interactive lab sessions to experiment with innov...

    HKMA Issues Mandate to Encourage Innovation in AML/CFT Explore More

    News

    Netflix users targetted by scammers during COVID-19 outbreak

    According to a security company, Scammers are increasingly using the likeness of online streaming...

    Netflix users targetted by scammers during COVID-19 outbreak Explore More

    News

    Zipmex Crypto Trading Platform Suspends All Activities in Thailand

    Zipmex cryptocurrency exchange firm withdrew all activities in Thailand until 31st January 2024 t...

    Zipmex Crypto Trading Platform Suspends All Activities in Thailand Explore More

    News

    Dark Web Becomes a Haven for Insurance Fraud

    Dark Web has recently become a growing market for unemployment insurance fraud and fraudsters can...

    Dark Web Becomes a Haven for Insurance Fraud Explore More

    News

    Singapore Police Warn Citizens of Prevailing SMS Phishing Scams

    The Singapore Police Force has warned citizens about SMS fraud targeting people with similar send...

    Singapore Police Warn Citizens of Prevailing SMS Phishing Scams Explore More

    News

    Saudi Bank Warns Citizens Against Financial Fraud Schemes Circulating via Fake News Websites

    The Saudi Ministry of Commerce is reiterating warnings about fake news websites looting people by...

    Saudi Bank Warns Citizens Against Financial Fraud Schemes Circulating via Fake News Websites Explore More

    News

    The Anti-Money Laundering Solution Market is Expected to Double by 2025

    According to the latest AML solution market report 2020-2026, the post coronavirus pandemic had a...

    The Anti-Money Laundering Solution Market is Expected to Double by 2025 Explore More

    News

    Alibaba copyrights blockchain system that detects music copycats

    Granted by the U.S. Patent and Trademark Office on April 21, the method as described by the Chine...

    Alibaba copyrights blockchain system that detects music copycats Explore More

    News

    Online Gaming Company Fined €386,000 for AML Failings

    Online Amusement Solution Limited, a gaming company, was fined more than €386,000 by the FIAU for...

    Online Gaming Company Fined €386,000 for AML Failings Explore More

    News

    Court Convicts Defendant of Defalcation of Public Funds in Abu Dhabi

    A defendant was convicted of money laundering and tax evasion by Abu Dhabi Criminal Court and sen...

    Court Convicts Defendant of Defalcation of Public Funds in Abu Dhabi Explore More

    News

    U.S. SEC chair nominated to regulate crypto oversight

    William Barr, United States Attorney General announced that President Trump is likely to task Jay...

    U.S. SEC chair nominated to regulate crypto oversight Explore More

    News

    Shufti introduces react native app for customer convenience

    Recently, Shufti launched its react native app for enhanced customer convenience. Shufti ...

    Shufti introduces react native app for customer convenience Explore More

    News

    Bank of England fines Citigroup £44m Over Poor Financial Information

    The Bank of England has fined the UK branch of the US bank, Citigroup, a record £44m because the ...

    Bank of England fines Citigroup £44m Over Poor Financial Information Explore More

    News

    US Financial Authority Removes Provisional Crypto AML Regulations

    The United States government removed two provisions from the National Defence Authorisation Act (...

    US Financial Authority Removes Provisional Crypto AML Regulations Explore More

    News

    Singapore Taking New Actions Against Terror Financing and Money Laundering

    Singapore’s Parliament took improved measures against the financing of terrorism and money launde...

    Singapore Taking New Actions Against Terror Financing and Money Laundering Explore More

    News

    Regulators Criticise Deutsche Bank over Forex Mis-selling Probe

    ECB and BaFin have told Deutsche Bank that they are “not satisfied” with its probe into mis-selli...

    Regulators Criticise Deutsche Bank over Forex Mis-selling Probe Explore More

    News

    Italy Launches Money Laundering Investigations into Qatargate Associates

    Italian prosecutors have launched a probe related to the EU parliament Qatargate affair as a new ...

    Italy Launches Money Laundering Investigations into Qatargate Associates Explore More

    News

    Economic & Financial Crime Bureau Gets Legal Powers as an Independent Authority

    The Economic & Financial Crime Bureau and Financial Intelligence Unit [Bailiwick of Guernsey]...

    Economic & Financial Crime Bureau Gets Legal Powers as an Independent Authority Explore More

    News

    UAE Banks Asked to Strengthen their AML/CFT Measures

    UAE financial institutions and the banks are required to prioritize eliminating money laundering ...

    UAE Banks Asked to Strengthen their AML/CFT Measures Explore More

    News

    Mexico: Federal Anti-Money Laundering Agency Freezes 1352 Accounts for Money Laundering

    On Tuesday, the police and federal anti-money laundering agency said that they have frozen 1352 b...

    Mexico: Federal Anti-Money Laundering Agency Freezes 1352 Accounts for Money Laundering Explore More

    News

    AML Task Force Samlit Reports Success in Keeping Fraudsters at Bay

    SA Anti-Money Laundering Integrated Task Force (Samlit) claims that it is competent in combating ...

    AML Task Force Samlit Reports Success in Keeping Fraudsters at Bay Explore More

    News

    Japanese Govt. to Enshrine FATF Crypto AML Standards into National Law

    The Japanese government is getting ready to incorporate the Financial Action Task Force (FATF) cr...

    Japanese Govt. to Enshrine FATF Crypto AML Standards into National Law Explore More

    News

    FATF Issues Guidance for AML/CFT Digitization of FIUs

    FATF published a report in collaboration with the Egmont group discussing why and how FIUs should...

    FATF Issues Guidance for AML/CFT Digitization of FIUs Explore More

    News

    US Financial Authority Removes Provisional Crypto AML Regulations

    The United States government removed two provisions from the National Defence Authorisation Act (...

    US Financial Authority Removes Provisional Crypto AML Regulations Explore More

    News

    UAE Firms Must Disclose UBO’s to Avoid Dirty Money Watch List

    500,000+ firms in the UAE (United Arab Emirates) face disclosure of their Ultimate Beneficial Own...

    UAE Firms Must Disclose UBO’s to Avoid Dirty Money Watch List Explore More

    News

    South Africa Gets the Green Signal for New AML/CTF Laws

    South Africa has finally gotten a green signal for new finance laws to address shortcomings ident...

    South Africa Gets the Green Signal for New AML/CTF Laws Explore More

    News

    Lebanon Central Bank Denies Money Laundering Allegations and Embezzlement Charges

    The governor of the Lebanese central bank appeared in the first court hearing on the premise of s...

    Lebanon Central Bank Denies Money Laundering Allegations and Embezzlement Charges Explore More

    News

    Feds Bust Columbian Drug Cartel’s Scheme to Launder “Millions” Through US Banks

    A Columbian drug cartel’s scheme was busted by the federal prosecutors who moved millions through...

    Feds Bust Columbian Drug Cartel’s Scheme to Launder “Millions” Through US Banks Explore More

    News

    Cloudflare Discloses Another huge DDoS Attack

    Amid the COVID-19 outbreak, a surf in internet traffic can be seen and thus, an increase in cyber...

    Cloudflare Discloses Another huge DDoS Attack Explore More

    News

    New York Financial Department Releases Guidelines On Dollar-Backed Stable Coins

    The New York Financial Department has released “Guidance on the Issuance of U.S. Dollar-Backed St...

    New York Financial Department Releases Guidelines On Dollar-Backed Stable Coins Explore More

    News

    UAE central bank alerts about fraud attempts related to Coronavirus epidemic

    Bank customers are warned of potential fraud by the UAE Central Bank. According to the bank, “Fra...

    UAE central bank alerts about fraud attempts related to Coronavirus epidemic Explore More

    News

    Saudi Arabia Takes New Measures to Tackle Financial Crime

    Saudi Authorities have approved a new legislative measure designed to enhance their efforts in fi...

    Saudi Arabia Takes New Measures to Tackle Financial Crime Explore More

    News

    FINRA Issues Notice to Remind Firms of Nation-wide AML/CFT Priorities

    FINRA has issued a notice reminding all member firms to comply with AML/CFT priorities as mandate...

    FINRA Issues Notice to Remind Firms of Nation-wide AML/CFT Priorities Explore More

    News

    Saudi Arabia Permits 9 FinTech Companies to Operate in Regulatory Sandbox

    The Saudi Arabian Monetary Authority (SAMA) announced that it has allowed nine more FinTech firms...

    Saudi Arabia Permits 9 FinTech Companies to Operate in Regulatory Sandbox Explore More

    News

    UK Adopts new Methods to Fight Money Laundering Through Sanction Regime

    The UK declared a new sanction regime against financial crimes like money laundering. According t...

    UK Adopts new Methods to Fight Money Laundering Through Sanction Regime Explore More

    News

    FTX Customers File Class Action Against Bankrupt Crypto Exchange

    FTX customers had filed a class action against the bankrupt crypto exchange and its ex-CEO Sam Ba...

    FTX Customers File Class Action Against Bankrupt Crypto Exchange Explore More

    News

    House Bill Passed in Philippine to Enforce AML LAW

    House of Representatives has approved legal amendments to regulate the developers, metal dealers,...

    House Bill Passed in Philippine to Enforce AML LAW Explore More

    News

    IRS Criminal Investigation Uncovers Approx. $10 Billion Worth of FinCrime

    IRS-CI FY 2021 highlighted $2.19 billion in tax fraud, $8.18 billion in financial crimes, 1497 wa...

    IRS Criminal Investigation Uncovers Approx. $10 Billion Worth of FinCrime Explore More

    News

    FinCEN May Release a YouTube Video to Outreach Latest BOI Rules

    The Financial Crimes Enforcement Network (FinCEN) director stated they are creating awareness cam...

    FinCEN May Release a YouTube Video to Outreach Latest BOI Rules Explore More

    News

    Blockchain officially becomes part of China’s tech strategy

    According to the National Development and Reform Commission (NDRC), China will use Blockchain to ...

    Blockchain officially becomes part of China’s tech strategy Explore More

    News

    Personal Privacy Concerns Raised over FinCEN’s Proposed Crypto Rules

    The advocacy group in their latest comment has disregarded the proposed regulatory requirements b...

    Personal Privacy Concerns Raised over FinCEN’s Proposed Crypto Rules Explore More

    News

    United Kingdom watchdog puts pressure on Deutsche bank

    According to the Financial Times, the United Kingdom financial regulator has censured the Deutsch...

    United Kingdom watchdog puts pressure on Deutsche bank Explore More

    News

    FCIU Uncovers Money Laundering Patterns Through Social Media Scams

    South Yorkshire law enforcement authority has seized EUR 70,000 placed in the illicit gambling ac...

    FCIU Uncovers Money Laundering Patterns Through Social Media Scams Explore More

    News

    US Treasury Official Urges Iraq’s Central Bank to Act Against Money Laundering

    The US Treasury officials stated Iraq’s central bank should design new measures to combat the mis...

    US Treasury Official Urges Iraq’s Central Bank to Act Against Money Laundering Explore More

    News

    FINMA, SFC, and MAS Fine Multiple Financial Institutions Over $1.5 Billion For Money Laundering Activities

    FINMA, SFC, and MAS fined multiple financial institutions over $1.5 billion for not complying wit...

    FINMA, SFC, and MAS Fine Multiple Financial Institutions Over $1.5 Billion For Money Laundering Activities Explore More

    News

    US Treasury Department Issues AML Study for the Art Market

    The US Treasury Department Issues anti-money laundering (AML) study for the art market, aiming to...

    US Treasury Department Issues AML Study for the Art Market Explore More

    News

    Scotland Police Give Warnings Due to the Rise in Cybercrime

    Highland Police is taking a major initiative to warn the businesses of a spike in cybercrime and ...

    Scotland Police Give Warnings Due to the Rise in Cybercrime Explore More

    News

    Barclays Prohibits UK Clients from Sending Debit and Credit Payments to Binance

    Barclays has stopped UK customers from transferring funds to Binance after the Financial Conduct ...

    Barclays Prohibits UK Clients from Sending Debit and Credit Payments to Binance Explore More

    News

    UK’s Decision to Dump the GDPR Raises Concerns for Online Gambling Sector

    The UK is facing financial turbulence because of changing its way from participating in European ...

    UK’s Decision to Dump the GDPR Raises Concerns for Online Gambling Sector Explore More

    News

    SRA Fines Scarborough Law Firm for Long-term AML Compliance Failures

    The Solicitors Regulation Authority (SRA) has fined Scarborough law firm Pinkney Grunwells Lawyer...

    SRA Fines Scarborough Law Firm for Long-term AML Compliance Failures Explore More

    News

    Govt assists Struggling Swiss Crypto Valley

    Switzerland’s “Crypto Valley” is in talks with the federal government for fixing a 100 million Sw...

    Govt assists Struggling Swiss Crypto Valley Explore More

    News

    Binance Fined $3.4 million by Dutch Central Bank For Violating Regulatory Laws

    The  De Nederlandsche Bank (DNB) fined Binance with $3.4 million for failing to get regulatory ap...

    Binance Fined $3.4 million by Dutch Central Bank For Violating Regulatory Laws Explore More

    News

    UK’s National Crime Agency Builds a Specialised Crypto Investigation Team

    The United Kingdom’s National Crime Agency (NCA) is planning to establish a professional team to ...

    UK’s National Crime Agency Builds a Specialised Crypto Investigation Team Explore More

    News

    Cybercrime to Surge in Cryptocurrency Even in Post COVID-19 Economy

    According to a report by Kaspersky Lab about cybersecurity and antivirus, in the post-COVID-19 wo...

    Cybercrime to Surge in Cryptocurrency Even in Post COVID-19 Economy Explore More

    News

    Gamers Must Be Aware of long-Scale Click Fraud Campaign- Says Microsoft

    Microsoft alerted gamers regarding wide-spreading click fraud. Cybersecurity personals said that ...

    Gamers Must Be Aware of long-Scale  Click Fraud Campaign- Says Microsoft Explore More

    News

    UAE Judges Discuss Steps Taken by Authorities to Strengthen AML Controls

    UAE’s senior judges outline the legal actions taken by authorities to strengthen anti-money laund...

    UAE Judges Discuss Steps Taken by Authorities to Strengthen AML Controls Explore More

    News

    Poloniex Agrees to Pay $7.6M in Settlement of Sanctions Violations

    In a settlement with the Office of Foreign Asset Control (OFAC), Poloniex LLC, a former subsidiar...

    Poloniex Agrees to Pay $7.6M in Settlement of Sanctions Violations Explore More

    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

    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

    Swedish Bank SEB Accused of Money Laundering

    Investigations done by the news agency TT and broadcaster SVT revealed that 25 SEB clients record...

    Swedish Bank SEB Accused of Money Laundering Explore More

    News

    New ultrasonic hack can manipulate your digital assistant

    Researchers are advising consumers about a new type of hack that has recently emerged. It involve...

    New ultrasonic hack can manipulate your digital assistant Explore More

    News

    US Officials allege student defrauded Apple as part of SIM swap attack

    Richard Yuan Li, a student at the University of California-San Diego, is charged with plotting to...

    US Officials allege student defrauded Apple as part of SIM swap attack Explore More

    News

    Facebook’s New AI Can Help You Circumvent Facial Recognition

    Facial recognition technology is primarily used to detect and identify people but in a turn of ev...

    Facebook’s New AI Can Help You Circumvent Facial Recognition Explore More

    News

    Bitcoin ATMs face stricter regulations over money laundering

    According to experts, Bitcoin ATMs (BATMs) will face stern regulations globally, with countries s...

    Bitcoin ATMs face stricter regulations over money laundering Explore More

    News

    UK Regulators Obligates Crypto Firms to Submit Financial Crime Report

    The UK’s financial watchdog, Financial Conduct Authority (FCA) has expanded financial regulations...

    UK Regulators Obligates Crypto Firms to Submit Financial Crime Report Explore More

    News

    EBA revised its guidelines on ML/FT risk factors

    The European Banking Authority (EBA) issued revised money laundering and terrorist funding (ML/TF...

    EBA revised its guidelines on ML/FT risk factors Explore More

    News

    NSW Gambling Laws Increase Risks of Money Laundering, Says the State’s Crime Commission

    The New South Wales Crime Commission says that some of the state’s gambling laws have increased t...

    NSW Gambling Laws Increase Risks of Money Laundering, Says the State’s Crime Commission Explore More

    News

    Court Convicts Defendant of Defalcation of Public Funds in Abu Dhabi

    A defendant was convicted of money laundering and tax evasion by Abu Dhabi Criminal Court and sen...

    Court Convicts Defendant of Defalcation of Public Funds in Abu Dhabi Explore More

    News

    FATF Publishes 35 New Indicators Against Trade-based Money Laundering

    Financial Action Task Force (FATF) and Egmont group has published a new report on risk-indicators...

    FATF Publishes 35 New Indicators Against Trade-based Money Laundering Explore More

    News

    Visa, Mastercard Face FTC Inquiry Over Debit Card Transactions

    Visa Inc. and Mastercard Inc. are once again facing inquiries by the Federal Trade Commission ove...

    Visa, Mastercard Face FTC Inquiry Over Debit Card Transactions 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

    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