Acuris Risk Intelligence and ClearScore Join Forces To Fight Back Against Dark Web Online Fraud

16 June 2020 | London, UK – Acuris Risk Intelligence, a trusted and independent provider of data intelligence for anti-money laundering, anti-corruption and cybersecurity professionals, today announces its partnership with ClearScore, supporting the launch of ClearScore Protect, a free anti-fraud dark web monitoring service. A study by ClearScore has also revealed that 33% of UK residents have been victims of online fraud, with more predicted as COVID-19 scams rise.

 

Of those UK consumers affected by fraud, the majority (58%) experienced loss of financial data. Along with this, those who fall victim to online fraud most commonly lose between £101 and £500, with 8% losing over £1,001. On top of this, over half (55%) of UK consumers are more worried about online fraud than before the COVID-19 pandemic. All this showcases the importance of having thorough security measures for any personal online activity, including the ability to act quickly if data is compromised to prevent financial loss.

 

ClearScore Protect has been developed to do exactly that. It is a free service that monitors the dark web for compromised passwords and other personal information, informing users of any potential breaches rapidly. The tool is enabled by Acuris Risk Intelligence’s team of ex-law enforcement analysts, who monitor the dark web for stolen information, recording it in a secure database which is scanned by ClearScore for any stolen passwords associated with users’ email addresses. Since the launch of Clearscore Protect it has been identified that 65% if those have signed up for the free service have found their actual information has actively been sold on the dark web.

 

Once users have been alerted to any stolen information, they are shown a page containing all their breached passwords, with simple instructions on how to change them. This enables users to take proactive measures to protect themselves, meaning data for sale on the dark web can no longer be abused by cybercriminals. 

 

Joel Lange, Managing Director, Acuris Risk Intelligence says, “We are happy to be partnering with ClearScore on their latest initiative. The thought of private information being available on the dark web can be a scary one for most but ClearScore Protect offers people the opportunity to safeguard themselves and their information online. With a group of ex-law enforcement analysts on the team at Acuris Risk Intelligence, safety and security online are our main priorities and it is great to be able to provide security to ClearScore users.’”

 

CEO and Co-founder of ClearScore, Justin Basini says, “We’re proud to be partnering with Acuris to offer ClearScore users dark web monitoring for free, forever. With news of data breaches and scams hitting the news on almost a daily basis, this service has never been more important, and we want to ensure that people have the power to protect their online identity and steer clear of becoming victims of online fraud. ”

 

You can find more information about ClearScore Protect here.

 

Acuris Risk Intelligence was established in 2004 as C6 and rose to become one of the top suppliers of proprietary data on PEPs, sanctions and AML data for due diligence and compliance. It was acquired by Acuris Group in 2015. Today, Acuris Risk Intelligence combines a world-class dataset – that now includes fraud and cybersecurity content – with expert human analysts and state-of-the-art technology to help organisations manage the risk in business relationships effectively. Clients access our intelligence via a SaaS platform, or via API and feed technology so risk protection is built into the way they operate. Our focus areas include third-party and anti-corruption risk, AML and KYC due diligence and monitoring, and the proactive detection of cybersecurity risk.

 

ClearScore is the UK’s number one free credit score and financial product marketplace. Founded in 2015 with the mission to help users take control of their financial health, ClearScore is the industry leader in giving everybody access to their credit score and report for free, forever. Winners of prestigious awards such as the Queens Award for Enterprise and featuring on The Sunday Times Best Companies to Work For list, ClearScore combines a team of industry experts, sophisticated algorithms and clever tech with a trustworthy brand. The result is a beautiful website and app that delivers an experience that is clear, calm and easy to understand. ClearScore uses data every step of the way to ensure that users see the most relevant financial products for them, giving them the tools to manage their finances in a way that suits them. With over 9 million UK users, and a further 2 million worldwide, ClearScore constantly innovates to help their users on a journey to greater financial wellbeing. Co-founded by CEO, Justin Basini, ClearScore is based in London and is supported by investment from QED Investors, Blenheim Chalcot and Lead Edge Capital.

 

Acuris Risk Intelligence

Brooke Petersen

E: [email protected]

T: +44 (0)7717618893

 

ClearScore

Jayna Mistry

PR Manager

E: [email protected]
T: +44(0)7496 457647