A group of cybercriminals has gained access to the London Stock Exchange Group's (LSEG) World-Check database, which is used to verify the credibility of their users. A member of the Ghostr group claimed to have stolen 5.3 million World-Check records from a third party on Thursday. A spokesperson from LSEG later confirmed the claim. The World-Check database is primarily used by companies, especially banks and financial institutions, during Know Your Customer (KYC) checks to ensure that their clients are genuine and not associated with criminal activities such as terrorism, money laundering, or corruption.
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