Researchers Uncover Dark Web Operation Entirely Focused on KYC Bypass

iProov uncovered a dark web operation selling stolen identities with matching biometrics, posing a significant threat to KYC verification systems. The operation, primarily observed in LATAM and Eastern Europe, involves individuals voluntarily selling their personal and biometric data for short-term financial gain. To combat these sophisticated threats, organizations should adopt a multi-layered verification approach, including real-time verification and continuous monitoring.