The International Organization for Migration is working on introducing a Regional Biometric Data Exchange Solution (RBDES) to countries around the world in an effort to address irregular migration.
The RBDES will enable law enforcement agencies to exchange biometrics data in a fast and secure way to verify the identities of travelers at borders. The system does not however store biometric data.
The threats posed by transnational criminal networks exploiting digital currencies for money laundering and terrorism financing are high on INTERPOL’s agenda in 2017.
Fraudsters’ methods continually evolve to counter new fraud protection measures and with personally identifiable information, they could steal a customer’s identity or create a synthetic identity. Once a fraudster captures this information, if they are able to access a customer account or open an account, it creates a nightmare scenario with significant repercussions for the business and the customer.
The world is getting smaller, and corruption is no longer contained in a single location. It transcends boundaries, impacting people and businesses at multiple global touchpoints.
Formed in 1936, Nationwide’s corporate security department has had the same mission since its inception: “To help our company do business safely by filling a safety consultative role with the business leaders,” says Jay Beighley, Associate Vice President of Corporate Security.
After 20 years spent focusing on financial crimes investigations in the Secret Service, Phil Hopkins, Vice President of Global Security at Western Union (WU), found transitioning to the financial area of the private sector to be pretty painless.
Nearly one in six American organizations suffered from fraud in the last two years, according to the 13th Global Fraud Survey from EY – nearly double the rate measured in 2012. While mitigating external risks is all well and good, ensure that you look inside your enterprise as well – all the way to the cubicle.
