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

Ransomware gang strikes three companies in the US and Canada

Ransomware gang strikes three companies in the US and Canada

The well-known ransomware group REvil has initiated another series of attacks targeting three companies in the United States and Canada. They have already leaked data from two of the companies and threatened to reveal sensitive data from the third.

The companies include notable Canadian accounting firm, Goodman Mintz LLP, licensed real estate broker Strategic Sites LLC, and ZEGG Hotels & Store, a duty-free store.

The gang started the week off by revealing sensitive data from the Canadian accounting company, Goodman Mintz LLP. The leak consisted of company files, accounting and working documents of clients, databases, data for logging into client banks, and audit results of companies.

Some usernames and passwords belonging to clients are also visible on REvil’s blog, along with security questions from the leaked login details. There is no official confirmation from the company yet, but it seems that they have not paid the requested ransom. The group often asks for ransom payment to be made in Monero (XMR) or Bitcoin (BTC).

Documents belonging to the duty-free store, ZEGG, were also reported to be revealed, as per a message addressed to one of the store’s owners, Oliver. REvil warned about leaking data from the third company, Strategic Sites LLC, if they are unable to reach an agreement with the hackers.

Recently, a US-based independent advisory firm specializing in the consumer and retail sectors that were also attacked by the ransomware gang, Maze.

Related Posts

News

ECB Will Be Launching Digital Euro Project

An electronic equivalent of banknotes and coins, the digital euro will likely be a digital wallet...

ECB Will Be Launching Digital Euro Project Explore More

News

1803 Arrested in Money Laundering Crackdown Coordinated by 27 Countries

In a major money laundering crackdown, European police identified more than 18,000 money mules, a...

1803 Arrested in Money Laundering Crackdown Coordinated by 27 Countries 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

Bermuda Monetary Authority Tightens AML Control as Threat of Money Laundering Increases

Bermuda Island was rated high in the 2020 Money Laundering and Terrorist Financing Risk Assessmen...

Bermuda Monetary Authority Tightens AML Control as Threat of Money Laundering Increases Explore More

News

Senate Reveals a 12-Year-Old Loophole Targeted by Americans to Cheat IRS

Offshore tax loopholes are safe havens for wealthy Americans to cheat the Internal Revenue Servic...

Senate Reveals a 12-Year-Old Loophole Targeted by Americans to Cheat IRS Explore More

News

Hong Kong Looking to Legitimize Crypto Trading for Retail Investors

The government of Hong Kong has been looking at whether to legitimize crypto trading for retail i...

Hong Kong Looking to Legitimize Crypto Trading for Retail Investors Explore More

News

FATF to Blacklist Myanmar Over Money Laundering Concerns

Myanmar faces a blacklisting threat by a FATF because of AML compliance failure and weak regulati...

FATF to Blacklist Myanmar Over Money Laundering Concerns Explore More

News

7 UAE Law Firms Penalized in Anti-money Laundering Violations

Around 100,000 dirhams have been fined to 7 law firms in UAE for disregarding anti-money launderi...

7 UAE Law Firms Penalized in Anti-money Laundering Violations Explore More

News

UAE Central Bank Imposes Dh352k Fine on Currency Exchange

The Central Bank of the UAE has fined an exchange house with a total of Dh352,000 for shortcoming...

UAE Central Bank Imposes Dh352k Fine on Currency Exchange Explore More

News

Digital Currency ‘Sand Dollar’ Launched by the Bahamas

The Central Bank of the Bahamas (CBOB) has introduced a digital version of the Bahamian dollar, s...

Digital Currency ‘Sand Dollar’ Launched by the Bahamas Explore More

News

Estonia’s New AML/CFT Regulatory Regime Sparks 80% Downfall in Licensed Crypto Firms

Since May 2023, Estonia’s updated crypto AML/CFT regulations have resulted in an 80% reduction in...

Estonia’s New AML/CFT Regulatory Regime Sparks 80% Downfall in Licensed Crypto Firms Explore More

News

Cambodia and Thailand Police Forces Unite Against Money Laundering and Terrorist Financing

The Cambodian and Thailand National Police officers partner to bolster their strength against mon...

Cambodia and Thailand Police Forces Unite Against Money Laundering and Terrorist Financing Explore More

News

UAE Issues Updated Targeted Financial Sanctions Guidance

The UAE has shifted from the multilateral United Nations Security Council (UNSC) sanctions to uni...

UAE Issues Updated Targeted Financial Sanctions Guidance Explore More

News

FinCEN Proposes the Designation of Eligible Customers as Exempt Person

As a part of the Paperwork Reduction Act of 1995, the Financial Crime Enforcement Network (FinCEN...

FinCEN Proposes the Designation of Eligible Customers as Exempt Person Explore More

News

Shufti Nominated for Yalla Fintech 2020 Award

Shufti, an identity verification service provider offering KYC verification and AML screening...

Shufti Nominated for Yalla Fintech 2020 Award Explore More

News

Hong Kong Police Arrests 19 Criminals and Halts a US $40.5M Money-Laundering Operation

Hong Kong Police arrested 19 syndicate members pertaining to money laundering operations, involve...

Hong Kong Police Arrests 19 Criminals and Halts a US $40.5M Money-Laundering Operation Explore More

News

UAE banking sector unites with law enforcement agencies to tackle fraud

Dubai: UAE’s first national fraud awareness campaign has been initiated with the collaboration of...

UAE banking sector unites with law enforcement agencies to tackle fraud Explore More

News

Revised Financial Regulations in South Korea Now Covers Crypto Investors

The financial regulators in South Korea announced that domestic crypto investors would be covered...

Revised Financial Regulations in South Korea Now Covers Crypto Investors 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

MONEYVAL Urges Poland to Improve its AML/CFT Regulatory Framework

MONEYVAL has called upon Polish authorities to improve their regulatory framework and work on str...

MONEYVAL Urges Poland to Improve its AML/CFT Regulatory Framework 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

Phase One of the Crypto Regulatory Framework in Switzerland Begins

As of today, phase one of the regulatory framework regarding the cryptocurrency and blockchain in...

Phase One of the Crypto Regulatory Framework in Switzerland Begins Explore More

News

Cyprus Makes Progress in Implementing AML Measures

There has been “slight progress” made by Cyprus in implementing anti-money laundering measures, b...

Cyprus Makes Progress in Implementing AML Measures Explore More

News

FCA Probe into Barclays for Anti-Money Laundering Failings

The Financial Conduct Authority opened a probe into Barclays for suspected failings in compliance...

FCA Probe into Barclays for Anti-Money Laundering Failings Explore More

News

BC Money Laundering Inquiry Report Calls for New Law Enforcement Unit

BC has released a money laundering report that carries multiple recommendations and includes the ...

BC Money Laundering Inquiry Report Calls for New Law Enforcement Unit Explore More

News

President Biden Takes the Reins with Halting Digital Assets’ Rule Making

Regulatory proposal regarding digital assets has been frozen by President Joe Biden. Biden took h...

President Biden Takes the Reins with Halting Digital Assets’ Rule Making Explore More

News

Singapore’s Regulatory Authority Fines US$1.7M to Resorts World Sentosa for Due Diligence Failure

The gambling operator, Resorts World Sentosa (RWS), was fined by Singapore’s Gambling Regulatory ...

Singapore’s Regulatory Authority Fines US$1.7M to Resorts World Sentosa for Due Diligence Failure Explore More

News

SkyCity Entertainment Earmarks $29m for Anticipated AML/CFT Regulations Fine

Australian gaming company, SkyCity Entertainment, has provisioned $29m in anticipation of a civil...

SkyCity Entertainment Earmarks $29m for Anticipated AML/CFT Regulations Fine Explore More

News

Wealthy Americans Targeted by U.S. in Panama Tax-fraud Probe

Financial authorities in the US obtained a legal mandate to acquire information about wealthy cit...

Wealthy Americans Targeted by U.S. in Panama Tax-fraud Probe Explore More

News

FATF Highlights the Increasing Risk of Trade-Based Money Laundering

FATF- Financial Action Task Force is warning businesses of the risk they face regarding trade-bas...

FATF Highlights the Increasing Risk of Trade-Based Money Laundering Explore More

News

$6.1 Million Seized As US Treasury Sanctions Another Crypto Exchange

The US Department of the Treasury has sanctioned Chatex crypto exchange “for facilitating financi...

$6.1 Million Seized As US Treasury Sanctions Another Crypto Exchange Explore More

News

The Corporate Transparency Act is Set to be Implemented in January 2024 Across the Country

The Corporate Transparency Act passed in 2021 is going into enforcement in a few days and will im...

The Corporate Transparency Act is Set to be Implemented in January 2024 Across the Country 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

US Treasury Department Introduces Beneficial Ownership Reporting Form to Enhance AML Measures

The US Treasury Department designed a beneficial ownership report form to strengthen the security...

US Treasury Department Introduces Beneficial Ownership Reporting Form to Enhance AML Measures Explore More

News

IMF Joins Hands with Philippines on Wholesale CBDC Project

IMF has announced the collaboration with BSP (Bangko Sentral ng Pilipinas) for the development of...

IMF Joins Hands with Philippines on Wholesale CBDC Project Explore More

News

South Korean Government to Enforce Cryptocurrency Transaction Monitoring in H1 2023

The South Korean government is looking to implement crypto oversight by tracking transactions to ...

South Korean Government to Enforce Cryptocurrency Transaction Monitoring in H1 2023 Explore More

News

Elon Musk proposes regulations on artificial intelligence

”Organizations developing artificial intelligence must be regulated”, says Elon Musk. This is not...

Elon Musk proposes regulations on artificial intelligence Explore More

News

AUSTRAC Has Published a New Guidance For Detecting “Cuckoo Smurfing”

AUSTRAC’s guidance offers indicators for financial institutions, to allow them to detect suspicio...

AUSTRAC Has Published a New Guidance For Detecting “Cuckoo Smurfing” Explore More

News

US Launches National Cryptocurrency Enforcement Team

The National Cryptocurrency Enforcement Team will aid the US Department of Justice (DOJ) in disma...

US Launches National Cryptocurrency Enforcement Team Explore More

News

Nigeria: Senate Bans Establishment and Operations of Shell Banks

The Senate is banning the establishment and operations of shell banks in Nigeria as an attempt to...

Nigeria: Senate Bans Establishment and Operations of Shell Banks 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

Nexo to Sue Bulgarian State over Money Laundering Allegations

The Bulgarian crypto lending bank, Nexo, revealed that it would file legal action against the Bul...

Nexo to Sue Bulgarian State over Money Laundering Allegations Explore More

News

Sri Lankan AMLO Fines a Bank and Two Finance Firms for Non-Compliance

Approximately two million rupees worth of fines were imposed on three financial institutions in S...

Sri Lankan AMLO Fines a Bank and Two Finance Firms for Non-Compliance 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

Ontarians Lost More than $118M to ‘Grandparent Scam’ in 2022, Reports

‘Grandparent scam’ cost Ontario residents more than $118 million. Scammers call elderly people an...

Ontarians Lost More than $118M to ‘Grandparent Scam’ in 2022, Reports Explore More

News

UAE Confiscates Assets Worth $354 Million to Crack Down on Money Laundering

UAE stepped up and seized $354 million worth of assets from March to mid-July 2023 in the fight a...

UAE Confiscates Assets Worth $354 Million to Crack Down on Money Laundering Explore More

News

Bitcoin scam exposes thousands to a data breach

Fraud websites have successfully stolen the personal records of a number of individuals from the ...

Bitcoin scam exposes thousands to a data breach Explore More

News

California’s EDD is Falling Behind in Legitimate Unemployment Claims

According to a report by Calmatters, California’s Employment Development Department is lacking be...

California’s EDD is Falling Behind in Legitimate Unemployment Claims Explore More

News

Star Casino’s Share Tumbles 21% Following Money Laundering Allegations

Individuals banned from gambling at the Star casino in Sydney had been permitted to gamble at Sta...

Star Casino’s Share Tumbles 21% Following Money Laundering Allegations Explore More

News

MENAFATF Adopts Abu Dhabi Recommendations to Counter Money Laundering and Terrorism Financing

An international group based on the FATF format, MENAFATF, has adopted the Abu Dhabi recommendati...

MENAFATF Adopts Abu Dhabi Recommendations to Counter Money Laundering and Terrorism Financing Explore More

News

Uber joins lawsuits to exempt itself from California law

California law effective from today, i.e. Jan 1 is all set to give equal protection to independen...

Uber joins lawsuits to exempt itself from California law Explore More

News

Two of Singapore’s Banking Giants Involved in Billion-Dollar Money Laundering Case

The two well-known banks in Singapore, Development Bank Singapore (DBS) and Overseas Chinese Bank...

Two of Singapore’s Banking Giants Involved in Billion-Dollar Money Laundering Case Explore More

News

A European Money-Laundering Network Captured by French National Gendarmerie

A money-laundering network in France was under investigation for 18 months by French National Gra...

A European Money-Laundering Network Captured by French National Gendarmerie Explore More

News

Zoom improves user security by incorporating 2FA for all users

Zoom confirmed adding 2-factor authentication (2FA) for all the users of the platform. This marks...

Zoom improves user security by incorporating 2FA for all users Explore More

News

Iran’s President Has Called for Legal Framework For Crypto Trading

Hassan Rouhani, the Iranian President, wants to legalize crypto trading and safeguard national in...

Iran’s President Has Called for Legal Framework For Crypto Trading Explore More

News

FinCEN Proposes Beneficial Ownership Reporting Requirements

The FinCEN proposed beneficial ownership reporting requirements to protect U.S financial system f...

FinCEN Proposes Beneficial Ownership Reporting Requirements Explore More

News

US Law to Ban Shell Companies Runs into Delays

A new US law to prevent businesses from tax evasion using shell companies has been delayed at the...

US Law to Ban Shell Companies Runs into Delays Explore More

News

Deutsche Bank AG Settles Money Laundering Probe Worth $7.1 Million

Deutsche Bank AG settled a money laundering case of $7.1 million over the probe by Frankfurt pros...

Deutsche Bank AG Settles Money Laundering Probe Worth $7.1 Million Explore More

News

Lawrence man indicted of identity theft found guilty

BOSTON (AP) — A man charged with using another person’s Social Security number to illegally obtai...

Lawrence man indicted of identity theft found guilty Explore More

News

SRA Fines a Law Firm £14,000 for Breaching ID Verification Regulation

A business organization is being penalized £14,000 by the Solicitors Regulation Authority (SRA) f...

SRA Fines a Law Firm £14,000 for Breaching ID Verification Regulation 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

Visa: CBDC is the most important trend in payments

According to Visa’s Head of Crypto, Central Bank Digital Currencies, or CBDC, seems to be one of ...

Visa: CBDC is the most important trend in payments Explore More

News

Two More Crypto Firms to Shut Down Over EU Money Laundering Regulations

Two more cryptocurrency firms – mining pool Simplecoin and bitcoin gaming platform Chopcoin...

Two More Crypto Firms to Shut Down Over EU Money Laundering Regulations Explore More

News

ProtonMail added an encrypted calendar to its encrypted Gmail competitor

Previous year Google faced a hefty fine of $170 million by the Federal Trade Commission following...

ProtonMail added an encrypted calendar to its encrypted Gmail competitor Explore More

News

Israel Enforces New Regulations for the Transfer of Digital Currency

The new digital currency regulations will allow Israeli banks to profit from cryptocurrency tradi...

Israel Enforces New Regulations for the Transfer of Digital Currency Explore More

News

FATF Criticized Cash-Rich Germany Over Money Laundering Concerns

FATF dealt a blow to Germany’s reputation, which considered itself high regarding its reput...

FATF Criticized Cash-Rich Germany Over Money Laundering Concerns Explore More

News

Congress to Pass Urgently Needed AML & Whistleblower Protections Against Russian Oligarchs

Congress is close to passing urgently required AML and whistleblower protections targeting Russia...

Congress to Pass Urgently Needed AML & Whistleblower Protections Against Russian Oligarchs Explore More

News

Singapore offers $70M to aid the fintech industry during COVID-19

Singapore has allocated SG$125 million ($70.89 million) to assist its financial services industry...

Singapore offers $70M to aid the fintech industry during COVID-19 Explore More

News

N26 Banned by Italian Central Bank for Insufficient Money Laundering Controls

The central bank of Italy has banned German digital bank N26 from onboarding Italian customers af...

N26 Banned by Italian Central Bank for Insufficient Money Laundering Controls Explore More

News

Shufti beats 26 global competitors in the Video KYC challenge at MEFTECH KSA

Yesterday, February 26, Shufti was announced the winner of the Lulu money’s Video KYC for Cus...

Shufti beats 26 global competitors in the Video KYC challenge at MEFTECH KSA Explore More

News

UK FCA Orders Illegal Crypto Service Providers to Shut Down ATMs

The UK’s Financial Conduct Authority has ordered crypto firms operating illegally in the country ...

UK FCA Orders Illegal Crypto Service Providers to Shut Down ATMs 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

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