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

Millions of Twitter and Facebook Users May Have Had Their Accounts Compromised

Millions of Twitter and Facebook Users May Have Their Accounts Compromised

Facebook and Twitter announced on Monday that the personal data of millions of users may have been improperly accessed after they used their social media accounts to log in to several Android apps, downloaded from the Google Play Store. 

Security researchers discovered that a mobile software development kit (SDK) named oneAudience gave third-party developers access to people’s personal data. This personal data includes email addresses. Usernames and most recent tweets of people who used their Twitter accounts to get access to such apps including Giant Square and Photofy. 

In a blog, Twitter informed the people of this gross misconduct and also said that this activity may make it possible for a hacker to take control of someone’s Twitter account but there is no evidence that this occurred. 

A Twitter spokeswoman, Lindsay McCallum said, 

“We think it’s important for people to be aware that this exists out there and that they review the apps that they use to connect to their accounts.”

Twitter also announced that it will be informing users who were affected. The company has also informed Google and Apple about the vulnerability so that further action can be taken. 

A Facebook spokesperson sent the following statement after the recent disclosure: 

“Security researchers recently notified us about two bad actors, oneAudience and Mobiburn, who were paying developers to use malicious software developer kits (SDKs) in a number of apps available in popular app stores. After investigating, we removed the apps from our platform for violating our platform policies and issued cease and desist letters against One Audience and Mobiburn. We plan to notify people whose information we believe was likely shared after they had granted these apps permission to access their profile information like name, email, and gender. We encourage people to be cautious when choosing which third-party apps are granted access to their social media accounts.”

This comes at a time when Facebook, Google, and Twitter are all facing heightened scrutiny from regulators concerning the use of personal data and its use by outside developers to track and target customers. The issue has been of particular concern ever since March 2018, ever since the Cambridge Analytica scandal. Cambridge Analytica accessed up to 87 million Facebook profiles in order to target ads for Donald Trump in the 2016 presidential election.  

A Facebook spokesperson told The Verge that the company encourages people “to be cautious when choosing which third-party apps are granted access to their social media accounts.” 

Related Posts

News

Japan Revises Six Laws to Tackle Money Laundering in Cryptocurrency

The Japanese government is pondering enacting a new law. The “bundling bill” proposed...

Japan Revises Six Laws to Tackle Money Laundering in Cryptocurrency Explore More

News

Denmark’s Gambling Authority Issues Reminder for AML Duties

All licensed businesses are reminded to report suspicious transactions that may be indicative of ...

Denmark’s Gambling Authority Issues Reminder for AML Duties Explore More

News

DFSA and Financial Intelligence Collaborate to Combat Financial Crime in UAE

Memorandum of Understanding (MoU) between the Dubai Financial Services Authority (DFSA) and the F...

DFSA and Financial Intelligence Collaborate to Combat Financial Crime in UAE Explore More

News

Singapore: MAS Preparing Data Sharing Platforms to Combat FinCrime

The Monetary Authority of Singapore (MAS) is creating a digital platform named Cosmic that will a...

Singapore: MAS Preparing Data Sharing Platforms to Combat FinCrime Explore More

News

Increasing Money Laundering Fines for Banks After Lockdown

Despite the delays in enforcement activities due to lockdown, the globally issued money launderin...

Increasing Money Laundering Fines for Banks After Lockdown Explore More

News

Visa and BlockFi Team Up to Launch Bitcoin Rewards for Credit Card Users

As digital currencies are entering different regions of the world, financial giants are introduci...

Visa and BlockFi Team Up to Launch Bitcoin Rewards for Credit Card Users Explore More

News

EDD Fraud Scandal in California – 87 Suspects Arrested

Within two weeks, the Beverly Hills Police have arrested 87 people that are suspected to be invol...

EDD Fraud Scandal in California – 87 Suspects Arrested Explore More

News

SRA Fines Oxfordshire Law Firm over Weak AML Controls

The SRA (Solicitors Regulation Authority) has charged £20,000 to an Oxfordshire law firm after id...

SRA Fines Oxfordshire Law Firm over Weak AML Controls Explore More

News

Two Bank Workers Banned by Central Bank in the Philippines for Wirecard Fraud

Two bank workers, involved in issuing fake documents, have been banned by the Central Bank. The a...

Two Bank Workers Banned by Central Bank in the Philippines for Wirecard Fraud Explore More

News

China Strides Forwards with New KYC Rules to Rein Money laundering

China is stepping up to fight its long-running battle against financial crimes such as money laun...

China Strides Forwards with New KYC Rules to Rein Money laundering Explore More

News

New York Federal Reserve Sued by Puerto Rican Bank For Blocking Service in Venezuela

A Puerto Rican bank has sued the New York Federal Reserve on 25th July for suspending their acces...

New York Federal Reserve Sued by Puerto Rican Bank For Blocking Service in Venezuela Explore More

News

The Anti-Money Laundering (AML) Whistleblower Program is Set to Fortify US Anti-Corruption Efforts in 2024

The Anti-Money Laundering (AML) Whistleblower Program is projected to be a leading U.S. anti-corr...

The Anti-Money Laundering (AML) Whistleblower Program is Set to Fortify US Anti-Corruption Efforts in 2024 Explore More

News

LocalBitcoins Matching Exchange, Cited By U.S. In Bizlato Case, To Shut Down After 10 Years

LocalBitcoins, the crypto firm named by the US treasury in the Bizlato exchange case, has announc...

LocalBitcoins Matching Exchange, Cited By U.S. In Bizlato Case, To Shut Down After 10 Years Explore More

News

Regulatory Authorities to File a New Bill to Secure the Citizens from Cyber Criminal Activities

Senator Estrada filed a bill to protect senior citizens unfamiliar with modern technology from cy...

Regulatory Authorities to File a New Bill to Secure the Citizens from Cyber Criminal Activities Explore More

News

South Korea Seizes $47M Worth of Crypto from Tax Evaders

South Korean officials have seized $47 million in cryptocurrency from 12,000 individuals accused ...

South Korea Seizes $47M Worth of Crypto from Tax Evaders Explore More

News

CBDC Rules to Be Introduced by IMF, World Bank, and G20 Countries

The international financial authorities have teamed up with the Group of Twenty (G20) to create C...

CBDC Rules to Be Introduced by IMF, World Bank, and G20 Countries Explore More

News

UAE Central Bank Imposes Financial Sanctions on Six Banks for CDD Failures

Six banks in the UAE have been issued financial sanctions by the UAE Central Bank for not complyi...

UAE Central Bank Imposes Financial Sanctions on Six Banks for CDD Failures Explore More

News

Lloyds Bank Charged with £500K Fine for Breach of Financial Regulatory Standards

Lloyds Bank corporate markets jersey received a fine of £498,000 in relation to the dealings with...

Lloyds Bank Charged with £500K Fine for Breach of Financial Regulatory Standards Explore More

News

ePayments Systems Ltd to Permanently Close its Operations Due to Insufficient AML Protocols

FCA accused ePayments Systems Ltd of AML compliance failure. The financial money institution has ...

ePayments Systems Ltd to Permanently Close its Operations Due to Insufficient AML Protocols Explore More

News

FBI Warns of Tech Support Scammers Compromising Financial Accounts

The Boston Division of the Federal Bureau of Investigation (FBI) has warned of an increase in num...

FBI Warns of Tech Support Scammers Compromising Financial Accounts Explore More

News

Hacker Group Profited $7M in Crypto by Selling Stolen Credit Cards

A hacker group “Keeper” developed an interconnected network of over 570 eCommerce sites to steal ...

Hacker Group Profited $7M in Crypto by Selling Stolen Credit Cards Explore More

News

FirstBank of Nigeria Continues Commitment to Combating Money Laundering

Chief Executive Officer of the First Bank Group of Nigeria Limited, Dr. Adesola Adeduntan, noted ...

FirstBank of Nigeria Continues Commitment to Combating Money Laundering Explore More

News

New York State Department Fines Robinhood $30m for Inadequate AML Compliance Measures

New York’s top financial regulator has fined Robinhood $30 million for failures and shortcomings ...

New York State Department Fines Robinhood $30m for Inadequate AML Compliance Measures Explore More

News

NAB, CBA Under Money Laundering Probe Yet Again

Australia’s CBA and NAB are under regulatory scrutiny for providing correspondent banking service...

NAB, CBA Under Money Laundering Probe Yet Again 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

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

Fintech Requires Tight Controls to Mitigate Data Privacy Risks, Treasury Report

As per the new report by the U.S. Department of the Treasury, Fintech requires tight controls to ...

Fintech Requires Tight Controls to Mitigate Data Privacy Risks, Treasury Report Explore More

News

US Government to Establish New Corporate Transparency Act Regulations to Verify UBOs

The US government is ready to change the process of reporting beneficial ownership. The final rul...

US Government to Establish New Corporate Transparency Act Regulations to Verify UBOs 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

Lloyds Bank of UK Issues Warning Over Increasing Threat of Crypto Scams

Lloyds Bank revealed a rise in cryptocurrency investment scams and reported a 23% increase compar...

Lloyds Bank of UK Issues Warning Over Increasing Threat of Crypto Scams Explore More

News

CBUAE Cancels Registration of Insurance Broker for AML Non-compliance

The Central Bank of the UAE (CBUAE) has cancelled Al Fazaa’s registration as an insurance a...

CBUAE Cancels Registration of Insurance Broker for AML Non-compliance Explore More

News

Queensland Launches New Inquiry into Star Entertainment’s Money Laundering Controls

Queensland initiates a new investigation to examine the money laundering controls of the Gambling...

Queensland Launches New Inquiry into Star Entertainment’s Money Laundering Controls 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

Westpac Proven Guilty of Breaching Money Laundering Laws after Commonwealth Bank

Westpac was accused of violating the money laundering laws and counter-terrorism financial allega...

Westpac Proven Guilty of Breaching Money Laundering Laws after Commonwealth Bank Explore More

News

China Strides Forwards with New KYC Rules to Rein Money laundering

China is stepping up to fight its long-running battle against financial crimes such as money laun...

China Strides Forwards with New KYC Rules to Rein Money laundering Explore More

News

Video KYC: The New Normal in the Insurance Industry

Since everything is moving to digital platforms, the Insurance Regulatory and Development Authori...

Video KYC: The New Normal in the Insurance Industry Explore More

News

NAB Updating KYC Data of 9M Customers

Project Apollo has been initiated by NAB in an attempt to meet AML obligations.  In August 2021, ...

NAB Updating KYC Data of 9M Customers Explore More

News

Saudi’s SAMA Warns Clients of Upsurge in Financial Fraud

SAMA urges clients to practice the highest degree of caution and prevents exposing any confidenti...

Saudi’s SAMA Warns Clients of Upsurge in Financial Fraud Explore More

News

Belgian financial sector launches campaign to help consumers avoid online fraud

The financial sector’s federation, Fibelfin, is initiating a campaign to respond to the sense of ...

Belgian financial sector launches campaign to help consumers avoid online fraud Explore More

News

FATF meeting scheduled to discuss VASPs compliance

The Financial Action Task Force (FATF) has scheduled a plenary meeting on June 24 to monitor the ...

FATF meeting scheduled to discuss VASPs compliance Explore More

News

California university pays a million-dollar crypto ransom

As per reports, the University of California reportedly paid a huge ransom of $1.14 million in cr...

California university pays a million-dollar crypto ransom Explore More

News

EU to Introduce Uniform Legal Framework for Crypto Assets

The EU is negotiating on new rules for introducing a uniform legal framework for crypto assets wi...

EU to Introduce Uniform Legal Framework for Crypto Assets Explore More

News

Morgan Stanley, Interactive Brokers Under Money Laundering Probe

The FBI, SEC, and other state agencies are now investigating why Morgan Stanley took on Rodriguez...

Morgan Stanley, Interactive Brokers Under Money Laundering Probe 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

Members of Spalding Club Charged for Money Laundering Through Investment Scheme

Lincolnshire police reported suspected fraud cases in connection with a trading-based investment ...

Members of Spalding Club Charged for Money Laundering Through Investment Scheme Explore More

News

Ransomware attack targets Victoria Beckham’s personal data

Maze, the Ransomware gang strikes again. It seems that the victim this time is a US-based indepen...

Ransomware attack targets Victoria Beckham’s personal data Explore More

News

SEC & NYDFS Oppose Binance $1 Billion Voyager Deal

The Securities and Exchange Commission and the New York Department of Financial Services have spo...

SEC & NYDFS Oppose Binance $1 Billion Voyager Deal Explore More

News

CBUAE Issues New AML/CTF Guidelines for the Insurance Sector

The Central Bank of the UAE (CBUAE) has announced new Anti Money Laundering and Countering Terror...

CBUAE Issues New AML/CTF Guidelines for the Insurance Sector Explore More

News

UAE Issues Deadline for Businesses to Register for AML System

The Ministry of Economy has highlighted the businesses that must register for the AML system. All...

UAE Issues Deadline for Businesses to Register for AML System Explore More

News

Real Estate Firm LeHomes Realty Fined $282K for AML Compliance Failure

Real Estate Firm LeHomes Realty has been fined $282K for AML compliance failure. The brokerage co...

Real Estate Firm LeHomes Realty Fined $282K for AML Compliance Failure Explore More

News

Denmark’s Gambling Authority Issues Reminder for AML Duties

All licensed businesses are reminded to report suspicious transactions that may be indicative of ...

Denmark’s Gambling Authority Issues Reminder for AML Duties Explore More

News

Few Hours Left! Was Mail-in-Ballots Successful?

The US elections 2020 have been exhilarating yet stressful for all the residents. The coronavirus...

Few Hours Left! Was Mail-in-Ballots Successful? Explore More

News

Facial Recognition Market to Grow 12.5% Annually Through 2024

According to a new report by Mordor Intelligence, the facial recognition market is expected to gr...

Facial Recognition Market to Grow 12.5% Annually Through 2024 Explore More

News

ECOWAS Partners with Interpol to Tackle Money Laundering

ECOWAS (Economic Community of West African States) partners with INTERPOL (International Criminal...

ECOWAS Partners with Interpol to Tackle Money Laundering Explore More

News

Bank of England Introduces New Regulatory Approach for Crypto

The Bank of England is formulating the UK’s first regulatory framework for crypto assets and stat...

Bank of England Introduces New Regulatory Approach for Crypto 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

Ukraine Passes Anti-Money Laundering Law based on FATF

The Government of Ukraine has passed the final version of a money laundering law based on the gui...

Ukraine Passes Anti-Money Laundering Law based on FATF Explore More

News

National Assembly Passes Revised AML Law and Thrift Practice Resolution

The National Assembly (NA) has passed the revised law on Money Laundering Prevention and Control ...

National Assembly Passes Revised AML Law and Thrift Practice Resolution Explore More

News

Canada’s Real Estate a Safe Haven for Money Laundering, Confirms Intel

Intel has confirmed the findings of CISC’s report saying that Canadian real estate is a safe have...

Canada’s Real Estate a Safe Haven for Money Laundering, Confirms Intel Explore More

News

OCC Warns Federal Banking System of Crypto & Cybersecurity Risks

The OCC has warned the federal banking associations, branches and agencies on crypto-asset and cy...

OCC Warns Federal Banking System of Crypto & Cybersecurity Risks Explore More

News

JFSC Penalizes Jersey Firms £700,000 for Violating AML Regulation

Three jersey based firms have been forced to pay a fine of more than £700,000 for breaching anti-...

JFSC Penalizes Jersey Firms £700,000 for Violating AML Regulation 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

Saudi’s SAMA Warns Clients of Upsurge in Financial Fraud

SAMA urges clients to practice the highest degree of caution and prevents exposing any confidenti...

Saudi’s SAMA Warns Clients of Upsurge in Financial Fraud Explore More

News

Two foreign nationals charged with Cryptocurrency laundering

The United States Department of Justice has charged two Chinese nationals with laundering $100 mi...

Two foreign nationals charged with Cryptocurrency laundering Explore More

News

6 members charged with Fraud in China for involvement in Multi-billion Dollar Plustoken Scam

Six alleged members of Plustokem scam were prosecuted according to the court filing submitted on ...

6 members charged with Fraud in China for involvement in Multi-billion Dollar Plustoken Scam Explore More

News

UK NCA Recovers $7.5 Million from Azerbaijani Laundromat Probe

The UK’s NCA has recovered 5.6 million pounds ($7.5 million) from bank accounts in the country wh...

UK NCA Recovers $7.5 Million from Azerbaijani Laundromat Probe Explore More

News

UKGC Imposes EUR 780K Fine on Buzz Bingo for AML Failure

Buzz Bingo has been fined £780,000 by the UK Gambling Commission (UKGC) for social responsibility...

UKGC Imposes EUR 780K Fine on Buzz Bingo for AML Failure Explore More

News

Danske Bank Fined €1.82m Over AML and CTF Breaches

Danske Bank was accused of AML compliance failings and fined €1.82m by the Central Bank, revealin...

Danske Bank Fined €1.82m Over AML and CTF Breaches Explore More

News

UAE startup relies on Blockchain to flatten COVID-19 curve

In5, UAE based start-up incubator, is assisting to design blockchain-based techniques to suppress...

UAE startup relies on Blockchain to flatten COVID-19 curve 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

The US publishes a list of North Korea’s supposed Crypto crimes

The US government, on Wednesday, outlined an aggressive set of countermeasures it said could hamp...

The US publishes a list of North Korea’s supposed Crypto crimes Explore More

News

Coronavirus affects challenger banks as app downloads decline

According to Finbold, top challenger banks in the United Kingdom have noticed a sudden decline in...

Coronavirus affects challenger banks as app downloads decline 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