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Umbra Letters
Project Umbra
Increasing Accountability To Detect, Disrupt, and Report Illicit Transactions Linked to Child Sexual Abuse Material (CSAM).
Sex trafficking can often be traced to financial transactions, having the technology to recognize, report, and prevent CSAM is essential in eliminating it across the banking industry.
U.S. Bank, Fifth Third Bank, and Bank of America displayed exemplary leadership in partnering with the Child Rescue Coalition (CRC) and The Knoble to utilize Project Umbra for this end.
Increasing Accountability To Detect, Disrupt, and Report Illicit Transactions Linked to Child Sexual Abuse Material (CSAM).
Sex trafficking can often be traced to financial transactions, having the technology to recognize, report, and prevent CSAM is essential in eliminating it across the banking industry.
U.S. Bank, Fifth Third Bank, and Bank of America displayed exemplary leadership in partnering with the Child Rescue Coalition (CRC) and The Knoble to utilize Project Umbra for this end.
Purpose
To honor U.S. Bank, Fifth Third Bank, and Bank of America’s leadership in the detection, disruption, and prevention of CSAM and to encourage further engagement in the financial sector.
To honor U.S. Bank, Fifth Third Bank, and Bank of America’s leadership in the detection, disruption, and prevention of CSAM and to encourage further engagement in the financial sector.
Why
CSAM is a growing issue in the world and a concern for risk and compliance divisions. U.S. Bank, Fifth Third Bank, and Bank of America each took actions to prevent illicit transactions within their respective corporations.
CSAM is a growing issue in the world and a concern for risk and compliance divisions. U.S. Bank, Fifth Third Bank, and Bank of America each took actions to prevent illicit transactions within their respective corporations.
The first wave of Project Umbra led to more than 60 law enforcement referrals. This is a significant symbol of the role technology can play in CSAM prevention.
