Identification/Background checks

A recent whitepaper by Celent has provided financial institutions (FIs) with tips on how to bolster their adverse media screening coverage to combat financial crime.

The operations of a Lazio-based Covid-19 vaccination registration system have been brought to a standstill after a cyberattack shut down its system.

A mid-year report by internet security company SonicWall has found the number of ransomware attacks in H1 2021 has already outperformed the entire year of 2020.

US national cyber director Chris Inglis has endorsed a plan for the creation of a bureau of cyber statistics which will collect and analyse threat data.

London-based Venari Security has raised £4.2m from a Series A funding round that included a number of high-profile cybersecurity backers.

Microsoft has claimed a ransomware campaign employing bogus call centers to trick victims into downloading malware may be more dangerous than previously thought.

President Joe Biden has claimed the US is more likely to end up in a ‘real shooting war with a major power’ due to cybercrime than any other form of conflict.

As the pandemic rages on, crime and money laundering risks continue to evolve at a rapid pace in the commercial lending space. However, firms can mitigate these risks by applying advanced technologies and using a data-driven approach.

AuthenticID, an identity proofing solution, has secured $100m in a minority investment from Long Ridge Equity Partners.

UK banks welcome the six-month extension to implement strong customer authentication (SCA) for e-commerce transactions, with 42% planning to use the time to improve and enhance their roll out plans.