Understanding the Dark Web: Implications for Financial Assurance
The Dark Web and Financial Institutions The Dark Web, a hidden subset of the internet, presents unique risks and challenges for financial institutions. As a space where anonymity thrives, it has become a hub for illegal activities, including the trade of stolen financial data. Understanding and addressing these risks is essential for the financial assurance […]
Strengthening Measures for Business Registration
The Director-General of the Department of Business Development (DBD), Ministry of Commerce, has announced that new regulatory measures will be applied to address fraudulent business registrations after discovering that companies were set up to be used as vehicles for call center scams, using property address without the consent or acknowledgement from the property owner. In […]
