How GDPR and FCRA Apply to Social Media Background Checks – The Do’s and Don’ts of Social Media Background Checks for Employers
Social Media Background Checks The widespread use of social media has led to an increasing trend among employers to conduct social media checks as part of their recruitment process. However, employers must be aware of the GDPR and FCRA implications of such checks, which set out strict rules for the processing of personal data, including […]
Social Media Check – What you need to know and it’s impact on your business
Social Media Check The demand for the generation of high-quality, scalable, and affordable candidate social media check reports has grown exponentially in organisations performing pre-employment screening checks before hiring for a position. The Neotas Employee Screening Platforms have been developed to provide social media screening capabilities for its global clients and channel partners to effectively […]
Social Media checks for Lawyers and other legal professionals
Social Media checks for Lawyers and other legal professionals In recent years, social media has become a ubiquitous part of our lives, with millions of people using it every day to share their thoughts, opinions, and experiences with others. Social media has also become an increasingly important tool for businesses and organizations to promote themselves […]
Social media checks for doctors and healthcare specialists
Social media checks for doctors and healthcare specialists In the modern age, social media has become an integral part of our daily lives, extending its influence into professional realms. This article explores the significance of implementing social media checks for doctors and healthcare specialists. Social media checks contribute to maintaining professionalism, upholding ethical standards, staying […]
Importance of using Social Media checks for Police Officers
Social Media checks for Police Officers This article covers the importance of social media checks for police officers, ensuring public safety, preventing misconduct, and building trust. By promoting transparency and professionalism, social media checks foster a stronger relationship between law enforcement and the community they serve. Introduction: The demand for social media checks for police […]
What is Corporate Intelligence and how can it Help Businesses Manage Risk
Corporate Intelligence In today’s rapidly evolving business landscape, organisations face a myriad of challenges that can impact their stability and growth. Among these, managing risks effectively has become paramount. Corporate intelligence emerges as a vital tool in this endeavour, enabling businesses to navigate uncertainties and seize opportunities with confidence. What is corporate intelligence? Corporate intelligence […]
Enhanced Due Diligence Challenges on High Risk Customers
Enhanced Due Diligence for High Risk Customers By Michael Harris MCMI, Head of Financial Crime Risk, Neotas There is growing concern that disinformation and so-called “reputation laundering” campaigns could be used by high-risk customers to illegitimately pass enhanced due diligence checks. Additionally, such campaigns could undermine the introduction of sanctions on high-risk individuals, as well […]
How OSINT Can Help Challenger Banks Create More Robust AML Controls
OSINT for AML Compliance FCA Warns Challenger Banks Over AML Compliance Shortcomings In the latest reproach from the FCA to anti-money-laundering regulated firms across the financial services industry, Challenger Banks were criticised for failing to implement robust AML controls in line with money-laundering regulations. This is hot on the heels of a similar reprimand in […]
Environmental, social and governance (ESG) and The Power Of Open-Source Intelligence (OSINT)
ESG and The Power Of Open-Source Intelligence (OSINT) “We frequently seek opportunities to enhance ESG within our investment processes. We felt that OSINT-based analysis was the natural next step for our ESG programme.” – Coller Capital Neotas Partners With Coller Capital Neotas are delighted to be chosen service providers of Coller Capital, to provide enhanced […]
Suisse Secrets Leaks Exposes EDD Shortcomings
Suisse Secrets Leaks Exposes EDD Shortcomings : It is a sign of the times when the largest political grouping in Europe threatens to designate Switzerland a high-risk jurisdiction for financial trading. A spokesperson for the European People’s Party said information in this week’s data leak (nicknamed the ‘Suisse Secrets’) showed “massive shortcomings of Swiss banks […]
Neotas Due Diligence 2021 Annual Report
Neotas Due Diligence 2021 Annual Report : Risks hidden in plain sight “2021 was another unprecedented year for Neotas. In spite of the circumstances, we enjoyed our most productive year to date and I couldn’t be prouder of the way our team overcame the challenges we faced together. “ – Ian Howard, Director We are […]
Neotas Employment Screening 2021 Annual Report
Neotas Employment Screening 2021 Annual Report Reflections on 2021 “Employers in 2021 were forced to adapt and overcome a host of challenges that were multiplied due to the pandemic. In an increasingly ‘connected’ world, adopting new technologies and techniques like our social media screening services proved vital, leading to actual improvements in hiring decisions.” Ian Howard, […]
Using Open Source Intelligence To Battle Fin Crime
Using Open Source Intelligence To Battle Fin Crime : Open source intelligence (OSINT) is beginning to take on a more important role as financial firms move towards greater digitisation. The advent of tools harnessing the advanced technology, as well as the global pandemic, has opened the door for many to make changes in their fight against […]
Private Equity Risk: What You Don’t Know Can Hurt You
Private Equity Risk: What You Don’t Know Can Hurt You : That stupid saying “What you don’t know can’t hurt you” is ridiculous. What you don’t know can kill you. If you don’t know that tractor trailer trucks hurt when hitting you, then you can play in the middle of the interstate with no fear […]
Using Open Source Intelligence To Enhance Online Reputation Management
Using Open Source Intelligence To Enhance Online Reputation Management : While reputations can be built, sometimes crafted, over many years, they can be tarnished in an instant. The value of a reputation should not be underestimated and it’s imperative that brands use all of the tools at their disposal to protect and bolster their reputation. […]
The Pandora Papers have changed the world of due diligence forever
How The Pandora Papers Changed Due Diligence Forever : The Pandora Papers leak – the latest in a series of off-shore data leaks in the past seven years – has exposed nearly 12 million financial documents to the public eye. As with previous leaks, this public scandal damages the reputations of those involved and raises […]
Dear Trade Finance Firms – The FCA Wants You To Do More
Dear Trade Finance Firms – The FCA Wants You To Do More : The recent Dear CEO letter shared by the FCA & PRA has sent a stern warning to businesses operating in trade finance – more needs to be done. The letter was addressed directly to the CEOs of firms carrying out trade finance […]
How Social Media Due Diligence Can Improve Investment Decisions
How Social Media Due Diligence Can Improve Investment Decisions : When assessing non-financial risk data as part of M&A due diligence, traditional checks currently pay little attention to investigating the online footprint of a target company. An organisation’s online activity, and indeed the online activity of its management teams, can provide valuable insight into reputation, […]
Why Management Due Diligence Could Be The Key Ahead Of Private Equity Boom
Why Management Due Diligence (MDD) Could Be The Key Ahead Of Private Equity Boom : New analysis from KPMG has revealed that Private Equity Investment has soared to its highest levels in over five years. The investment boom represents a significant jump when compared to the same period in 2020, as the impact of the […]
An Investigation Into England Euro 2020 Abuse Using Open Source Intelligence
An Investigation Into England Euro 2020 Social Media Abuse Using Open Source Intelligence : Following the targeted racist attacks towards members of the England football team after the final of Euro 2020, Neotas have conducted an investigation into the online abuse(England social media abuse). After Twitter had publicly shared the results of their “proactive” action […]
How Non-Financial Risk Indicators Can Improve Credit Risk Due Diligence
How Non-Financial Risk Indicators Can Improve Credit Risk Due Diligence : “Credit risk is more than just financial models. There’s a whole series of non-financial data points that can be used to help make those decisions better.” – Ian Howard, Neotas Managing and mitigating post pandemic risk For financial institutions, managing and mitigating risk has become an […]
The impact of social media on sport – how to avoid a crisis
The Impact Of Social Media On Sport – How To Avoid A Crisis : Social media and sport are inextricably linked. The globalised, commercial nature of professional sport means it now relies on social media to bring its products to new audiences and to communicate sponsored messages to fans. The relationship between the two is […]
How Social Media Screening Benefits Our Clients – Guest Blog by Vero Screening
How Social Media Screening Benefits Our Clients Guest Blog by Vero Screening How Has Social Media Screening Benefited Our Client Base? In a world that requires ever-increasing online due diligence, we are seeing clients’ screening requirements constantly evolve. As of 2019, and after much supplier comparison, we partnered with Neotas to provide our social media […]
Taking a future-proof approach to supply chain risk management
Supply Chain Risk Management Increased Risk Change and uncertainty are breeding grounds for risk and the timing of Brexit alongside the global pandemic has seen the opportunity for risk to increase significantly. The risk management lifecycle is familiar to many of us: Risk identification Risk assessment Risk mitigation But what about when the risks, and […]
ESG Investing & Due Diligence – Q&A with Brendan Bradley
ESG Investing & Due Diligence The topic of ESG continues to gather momentum as one of the defining trends of this decade. But why has the term seen such a surge in interest and are current reporting systems robust enough to report on evolving ESG issues? How can enhanced due diligence be used to improve […]
Why Corporate Background Checks Could Be The Key To Building Company Culture
Why Corporate Background Checks Could Be The Key To Building Company Culture: Armstrong Wolfe Conduct & Culture Summit In April this year, Armstrong Wolfe held their Conduct & Culture Summit, inviting senior executives from global organisations to discuss and learn about conduct and culture. The summit featured a host of senior figures from international firms, […]
COVID-19 Impact Leads To Increased Fraud Risk
COVID-19 Impact Leads To Increased Fraud Risk : What Impact Has Coronavirus Had On Enhanced Due Diligence? In what’s been a year like no other, we have seen the significance of the impact of the COVID-19 pandemic on all aspects of the business world. Many traditional business practices have been completely overhauled as global restrictions […]
The Truth About Social Media Screening and GDPR
The Truth About Social Media Screening and GDPR One of the most common questions we get asked is how our searches comply with GDPR. In particular, there are always questions around privacy, data protection and social media screening. Our searches are fully compliant and are always updated to reflect any changes in regulations – but […]
What Did We Find In 2020?
What Did We Find In 2020 Risks hidden in plain sight 2020 proved to be a truly remarkable year globally, with all industries feeling the impact and repercussions of the pandemic. Throughout the year, we provided thousands of objective background check services, from pre employment background screening through to a host of third party due diligence […]
OSINT Background Check – What Makes An Expert Background Check from Neotas Different?
OSINT Background Check What Makes An Expert Background Check from Neotas Different? We are experts in background screening, from pre-employment online reputation checks to online due diligence for financial institutions. But background checks are nothing new, right? We know that there are lots of companies providing different types of background checks out there, so why […]
International Fraud Awareness Week – What can we do to help stop fraud?
“Fraud and deceit are anxious for your money. Be informed and prudent”. – John A. Widtsoe International Fraud Awareness Week Neotas have joined the global effort to minimise the impact of fraud by being a supporter of International Fraud Awareness Week (IFAW). IFAW, or Fraud Week, is celebrating its 20th anniversary this year and […]
Pre-employment Checks, What Should You be Doing in 2021?
Pre-employment Checks, What Should You be Doing in 2021? “83% of hiring individuals have found candidate discrepancies on both CVs and job applications”. Hire Right, 2020 With Covid-19 still prominent and our country facing a looming recession, businesses are facing unprecedented times. It’s more important than ever as we near 2021 that for those […]
5 Industries that Should be Doing More than a DBS Check
DBS Checks 5 Industries that Should be Doing More than a DBS Check A Disclosure and Barring Service (DBS) check is a common way for employers to assess the background of a potential employee. Many jobs ask that employees undertake a DBS check to ensure they have a clean criminal record and will not be […]
Using OSINT For Good to Support Environmental Investigation Agency
Neotas Supports Environmental Investigation Agency Through #OSINTForGood Initiative Neotas are proud to use OSINT for good (#OSINTForGood) to support and assist Environmental Investigation Agency (EIA) in their efforts to investigate environmental crime. The recent report published by EIA highlights the threat towards Asia’s leopard population due to illegal killings in aid to meet the demand […]
Locating Missing People: A Crowdsourced and Global Use of OSINT
Over the Easter weekend a team of Neotas Analysts participated in the Tracelabs Global Missing Persons Capture The Flag competition. The aim of the competition is to use Open Source Intelligence (OSINT) to help locate missing people around the world. Information identified ranges from social media profiles to deep web documents and dark web databases, […]
Avoid the cost of a bad hire with online reputation screening – Do’s and Don’ts of Online Reputation Screening
Online Reputation Screening Avoid the cost of a bad hire with online reputation screening Online reputation screening has become an essential component of the hiring process. It helps employers gain a comprehensive understanding of potential hires beyond what is presented in resumes and interviews. Using the full breadth and power of online reputation screening, we […]
OSINT Due Diligence: the new litmus test for investors
OSINT Due Diligence: the new litmus test for investors Private equity firms and investors are increasingly placing focus on management due diligence and the importance of understanding people, cultural fit and capability. Due diligence that harnesses open source intelligence (OSINT Due Diligence) unlocks more meaningful insights into teams and companies, informing business decisions and protecting […]
Regulators now require OSINT – what next for AML and CDD?
Regulators now require OSINT – what next for AML and CDD? The regulators have called for the use of open source internet and social media checks (OSINT) in anti-money laundering (AML), enhanced customer due diligence (CDD) and conduct surveillance measures. So, if the regulators require OSINT – what are financial institutions doing to meet these […]
Planet Compliance shine the business spotlight on Neotas
From our vision to traction, Planet Compliance shine the spotlight on Neotas. What can you tell us about your company and your products & services? Neotas is an online due diligence company. We provide deep insight on risk by interrogating social media, the deep and the dark web. We help our clients reduce fraud, avoid bad hires and […]
What Is Supply Chain Transparency? Supply Chain Transparency using OSINT
Supply Chain Transparency using OSINT A Practical Guide to Modern Risk Detection and Compliance What Is Supply Chain Transparency? Supply chain transparency is the practice of systematically disclosing and tracking information about every actor, activity, and material across all tiers of a company’s supply chain. It involves not only visibility into direct suppliers (Tier 1) […]
UK Modern Slavery Act 2015: Compliance Essentials for UK and Global Businesses
UK Modern Slavery Act 2015 Ensure your organisation meets Section 54 obligations and prepares for future reforms with confidence. A clear guide to your legal duties, transparency obligations, and practical steps to mitigate modern slavery risks. Understanding the Modern Slavery Act: Background, Scope and Intent The Modern Slavery Act 2015 is a landmark piece […]
The 5th Pillar of AML Compliance – is there more data?
AML Compliance and Customer Due Diligence (CDD) The 5th Pillar of AML Compliance – is there more data? On May 11th, the four pillars of AML were joined by a 5th. The long-awaited legislation introduces the need to identify the beneficial ownership of legal entities for consumer due-diligence. As such, US financial institutions have introduced enhanced […]
