Anti-Money Laundering
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Security Alert: Password Reset Required

This is a security alert for anyone that has set up an account on our website.

It is our responsibility to inform our clients about a potential data breach that may or may not have occurred over the past five months of CloudFlare, one of Outlier’s partners in managing the website.

CloudFlare is a service that we use to provide a fast experience while using the Outlier website. Generally, this is quite secure, but it was revealed yesterday that during a period between October 2016 and February 2017, some data may have leaked between CloudFlare clients. The notice put out by CloudFlare says that there was a one-in-3.3-million chance that data may have been compromised, so the likelihood that your data will have been breached is slim, but we felt that it was important that you were notified. You can read more about the breach here: There has been a serious data leak that affects all Cloudflare customer websites and their site visitors.

As a precaution, we have deactivated all user passwords on the Outlier website to prevent any malicious activity. You can reset your password by following these directions:

  1. Visit the Outlier Reset Password page at https://www.outliercanada.com/outlier/login/forgot-password/ (for Canada), or at https://www.outlierbarbados.com/outlier/login/forgot-password/ (for Barbados).
  2. Enter your email address in the box, and click the “Send Reset Password Request” button.
  3. Check your email. You will have received a message with a link in it to reset your password. Click the link.
  4. Enter your new password and click “Reset Password”.

That’s it! Your account will have a new password. You can use this new password to log into your account on Outlier in the future – your old password will no longer work.

As for moving forward, CloudFlare has patched the bug that allowed this to happen, but to be on the safe side, Outlier will be discussing with our technical team as to whether we want to continue our relationship with CloudFlare moving forward. Your security is our first concern and we take everything into account when we make decisions that may affect our clients.

Thank you for your understanding.

The Outlier Team

Barbados MLFTA Compliance Just Got Easier!

Barbados_Compliance

For immediate release: February 17, 2016.

Smith Compliance Consulting Inc. in collaboration with Outlier Solutions Inc. have launched online, on demand compliance solutions for companies in Barbados. Launched earlier today via the website www.outlierbarbados.com, these solutions allow companies to create Anti-Money Laundering and Counter Terrorist Financing Programmes to comply with Barbados’ Money Laundering and Financing of Terrorism (Prevention and Control) Act (MLFTA) within minutes. These on demand products are customized through a “setup wizard” that generates easy to edit documents in Microsoft Word format.

Currently, programmes are on offer for accountants, corporate and trust service providers, insurance companies, lawyers and the real estate industry, with more industries slated for later this year. If your firm is in need of a programme, and no online, on demand products are available (or if you need a more customized solution), Managing Director Glenna Smith encourages you to get in touch with Smith Compliance Consulting Inc. “Our collaboration with Outlier is the tip of the iceberg” says Smith. “I have been here working with companies in Barbados for several years, and we are excited to launch a solution that is cost effective for small to mid sized businesses. Having the programme in place is the first step – but I will be here to work with our clients every step of the way.”

Why On Demand Products

Outlier’s founder noticed two things that made her believe that on demand products could help reporting entities. First, for many small and medium sized businesses there are very similar business models and risk profiles. Second, many businesses don’t have a means to pay for consulting services, but have the same obligations as larger reporting entities. She had a vision of creating a model that could level the playing field by making it easier for these businesses to create plain language documents in an affordable way.

Outlier Solutions Inc. launched online, on demand products in Canada in 2014. A partnership with Smith Compliance Consulting Inc. and Barbados’ enhancements to the MLFTA in 2011 made solutions for business in Barbados a priority. The collaboration has been “a dream” says Amber D. Scott, Outlier Solutions Inc.’s Founder & Chief AML Ninja. “Glenna is absolutely one of the foremost experts in the Caribbean today, and she compliments that knowledge with a winning personality.”

Contact

For more information, visit us at www.outlierbarbados.com, or contact us at info@outlierbarbados.com.

Outlier Barbados Press Release

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