Technology
Global Transaction Monitoring Market Outlook Report to 2028: A Forecasted $36.35 Billion Market by 2028, with CAGR of 16%
Published
3 years agoon
By
DUBLIN, March 6, 2024 /PRNewswire/ — The “Global Transaction Monitoring Market (2023-2028) Competitive Analysis, Impact of Covid-19, Ansoff Analysis” report has been added to ResearchAndMarkets.com’s offering.
The Global Transaction Monitoring Market estimated at USD 17.25 Billion in 2023, is expected to reach USD 36.35 Billion by 2028 growing at a CAGR of 16.07%.
Transaction monitoring is the management, inspection, and analysis of a completed transaction on a business application or information system. Businesses employ transaction monitoring to manage a variety of client interactions successfully and efficiently. To comply with various AML and counter-terrorist funding (CTF) requirements, transaction monitoring data is largely utilized to submit Suspicious Activity Reports (SARs) and other reporting obligations. The world’s financial regulators are starting to make transaction monitoring a requirement under the law. Large amounts of transactional data must be analyzed in real-time or very soon after they are collected using cutting-edge technology and analytical tools.
The market is being driven by the increase in demand for data protection laws and the dearth of expensive security solutions for payment network integration. The demand that businesses manage their money laundering and counter-terrorist financing (CTF) operations as well as KYC compliance will support the market’s upward expansion.
Lack of technological know-how, lack of awareness, and a lack of expert knowledge will restrain the market. This is especially true in underdeveloped economies. Payment monitoring systems can be very beneficial for businesses, but these systems require knowledgeable, skilled staff who have relevant experience in logical and analytical thinking as well as financial domain knowledge. Currently, there is a shortage of experts in solution development, including statisticians, ethical hackers, data analysts, and data scientists. The biggest challenge that companies in the transaction monitoring market industry face is the development of more sophisticated technologies that are easier for users who aren’t IT or business analytics experts to use. Making a less complex system might lead to issues because an effective system requires that the end users have a solid understanding of the product.
However, the market has an opportunity due to integration of advance technology such AI, machine learning and big data. Machine learning and artificial intelligence will ultimately be beneficial for the market. Such cutting-edge technologies provide a higher level of security and protect the user’s sensitive information. Advanced analytics provides protection and safety against preventative hazards; as a result, this will boost the reputation of transaction monitoring technology internationally. Processes for transaction monitoring and screening perform better because of technological advancements.
Market Segmentations
The Global Transaction Monitoring Market is segmented based on Component, Deployment Mode, Organization Size, Function, Application, Industry, and Geography.
By Component, the market is classified into Solution and Services. The Service Segment is anticipated to grow at fastest CAGR the market. The segment is further categorized into two categories namely, Professional Services and Managed Services. The growth is due to the increasing demand for outsourcing transaction monitoring activities.By Deployment Mode, the market is classified into On-Premises and Cloud Based. The cloud deployment model is the one that is expanding at the fastest rate in the Transaction Monitoring Industry. Small and medium-sized businesses (SMEs) have embraced the cloud deployment strategy since it allows them to focus on their core competencies rather than incurring costs for network infrastructure. Businesses can save money by using a cloud-based transaction monitoring service instead of purchasing hardware, software, storage, and technical staff. Because thieves commonly target financial transactions, their security is of the utmost importance.By Organization Size, the market is classified into Large Enterprises and Small & medium enterprises (SMEs). The SMEs category is anticipated to grow at a higher CAGR during the projected period due to the expanding data protection regulations and lack of expensive security solutions inside the payment network infrastructure. Despite their small size, SMEs service a vast array of customers worldwide. Small and medium-sized businesses (SMEs) rarely invest in a strong and all-encompassing transaction monitoring system.By Function, the market is classified into Case Management, KYC/Customer Onboarding, Dashboard & Reporting, and Watch List Screening. The KYC/Customer Onboarding segment is expected to hold a significant share of the market. The increasing need for compliance with regulatory requirements and the rise in fraudulent activities have led to the adoption of KYC/Customer Onboarding solutions, which has fueled the growth of this segment.By Application, the market is classified into Anti-Money Laundering, Customer Identity Management, and Fraud Detection and Prevention. The Fraud Detection and Prevention holds the largest market share and as the highest CAGR. By spotting and preventing fraudulent transactions before they are processed, it helps to lower financial losses. It increases consumer confidence and aids businesses in identifying new dangers and patterns of fraud. Businesses may keep ahead of potential fraudsters and modify their prevention efforts as needed by studying transaction data and spotting patterns.By Industry, the market is classified into BFSI, Government & Defense, Retail, IT & Telecom, Healthcare, Energy & utilities, Manufacturing, and Others.The BFSI sector is likely to account for a considerable portion of the global transaction monitoring market share. To maintain compliance with legal requirements relating to anti-money laundering (AML) and counter-terrorist financing, it is one of the industries that significantly rely on transaction monitoring (CTF). Higher-risk transactions are given priority for review in BFSI institutions that monitor transactions using a risk-based methodology. This entails determining the risk levels of a consumer based on details about their business, geography, previous transactions, and the products or services they use. It adheres to legislative regulations.By Geography, the market is classified into the Americas, Europe, Middle East & Africa, and Asia-Pacific.Americas is flourishing its dominance in the global transaction monitoring market due to factors such as the government’s increased attention on maintaining and repairing civil infrastructure, the ageing infrastructure, and the growing requirement to manage KYC compliance. Also, there is a large-scale implementation of advanced analytics to protect the safety and security of important documents against proactive hazards. This is because the majority of international e-commerce transactions currently take place in the United States and the rest of the American region. The United States of America, which currently accounts for the majority of global e-commerce transactions, is the reason for this since it is in the Americans region.
Company Profiles
The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies’ recent development and competitive scenario. Some of the companies covered in this report are ACI Worldwide, ACTICO, BAE Systems, Beam Solutions, Experian, Fair Isaac Fidelity National Information Services, Fiserv, etc
Report Highlights:
A complete analysis of the market, including the parent industryImportant market dynamics and trendsImpact Analysis – a comprehensive assessment to confront risk and make strategic & operational decisions to counter the changes in the market environment.Market segmentationCompetitive Analysis: Comparative analysis of competitorHistorical, current, and projected size of the market based on value and volumeMarket size of the US statesMarket shares and strategies of key playersRecommendations to companies for strengthening their foothold in the market
Key Topics Covered:
1 Report Description
2 Research Methodology
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations and Outlook
4 Market Dynamics
4.1 Impact Analysis
4.2 Drivers
4.2.1 Need to Mitigate Money Laundering, Managing KYC Compliance and CTF Activities
4.2.2 Increasing Need for Organizations to Comply with Stringent Regulatory Agreements
4.2.3 Utilization of Advance Analytics to Provide Proactive Risk Alerts
4.2.4 Growing Integration of Advance Technology such AI, Machine Learning and Big Data
4.3 Restraints
4.3.1 Lack of Risk Analysis Professional
4.4 Opportunities
4.4.1 Increase in the Deployment of Digital Transactions
4.4.2 Increasing Demand from Non-Banking Financial Institutions
4.4.3 Increasing Digitalization in Payment Transaction Process
4.5 Challenges
4.5.1 Complications in Managing Cross-Border and Multi-Jurisdictional AML Compliance
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter’s Five Forces Analysis
5.3 PESTEL Analysis
5.4 Impact of Covid-19
5.5 Ansoff Matrix Analysis
6 Global Transaction Monitoring Market, By Component
6.1 Introduction
6.2 Solution
6.3 Services
6.3.1 Professional Services
6.3.2 Managed Services
7 Global Transaction Monitoring Market, By Deployment Mode
7.1 Introduction
7.2 On-Premises
7.3 Cloud Based
8 Global Transaction Monitoring Market, By Organization Size
8.1 Introduction
8.2 Large Enterprises
8.3 Small & Medium Enterprises (SMEs)
9 Global Transaction Monitoring Market, By Function
9.1 Introduction
9.2 Case Management
9.3 KYC/Customer Onboarding
9.4 Dashboard & Reporting
9.5 Watch List Screening
10 Global Transaction Monitoring Market, By Application
10.1 Introduction
10.2 Anti-Money Laundering
10.3 Customer Identity Management
10.4 Fraud Detection and Prevention
10.5 Compliance Management
11 Global Transaction Monitoring Market, By Industry Vertical
11.1 Introduction
11.2 BFSI
11.3 Government & Defense
11.4 Retail
11.5 IT & Telecom
11.6 Healthcare
11.7 Energy & Utilities
11.8 Manufacturing
11.9 Others
12 Americas’ Transaction Monitoring Market
13 Europe’s Transaction Monitoring Market
14 Middle East and Africa’s Transaction Monitoring Market
15 APAC’s Transaction Monitoring Market
16 Competitive Landscape
17 Company Profiles
ACI WorldwideACTICOBAE SystemsBeam Solutions, Inc.Bottomline TechnologiesCaseware International, Inc.ComplianceWiseEastnetsExperian PLCFair Isaac Corp.Fidelity National Information ServicesFiserv, Inc.IdentityMind GlobalInfrasoft Technologies Ltd.Nice Ltd.Oracle Corp.Refinitiv Ltd.SAS Institute, Inc.Software AgThomson Reuters
For more information about this report visit https://www.researchandmarkets.com/r/uobmyq
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
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SOURCE Research and Markets
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Technology
Thousands of Suppliers, Nine Buyer Delegations, Three Major Trends: The 35th Guzhen Lighting Fair Opens October 22 to Chart New Directions for the Industry
Published
15 minutes agoon
October 17, 2026By
ZHONGSHAN, China, Oct. 17, 2026 /PRNewswire/ — This October, the global lighting industry will once again turn its attention to the Pearl River Delta. The 2026 China (Guzhen) International Lighting Fair (Autumn Edition), also known as the 35th Guzhen Lighting Fair, will take place from October 22 to 25, 2026, at the Guzhen Convention and Exhibition Center in Zhongshan, Guangdong. Thousands of suppliers, nine buyer delegations, three major trends. They represent a major collective showcase for China’s lighting industry at a time of profound change in global trade.
Highlight 1: A New National Milestone for the Lighting Industry’s Only National-Level Trade Event
The Guzhen Lighting Fair’s standing begins with its national credentials. Approved by the Ministry of Commerce of the People’s Republic of China as a national-level exhibition and certified by UFI, the Global Association of the Exhibition Industry, this edition draws on a strong industrial base: a RMB 100 billion-plus lighting industry cluster centered on Guzhen and encompassing 11 towns and subdistricts across three surrounding cities.
Notably, the fair has been included in the 2026 National Consumer Goods Campaign Key Activity List, jointly issued by the Ministry of Industry and Information Technology and the Ministry of Culture and Tourism. It is the only major annual trade event from the lighting industry included on the list. The fair is also listed in the Guangdong Department of Commerce’s 2026 Guangdong Trade Nationwide program. These endorsements recognize the collective strength of Guzhen’s lighting industry and mark the fair’s rise from an industry exhibition to a national showcase.
Highlight 2: Seven themed Halls Reflect the Industry’s Evolving Priorities
All seven halls at the main venue have been upgraded, creating a new exhibition and trading layout in which each hall has a distinct theme and identity.
The seven-hall layout reveals three clear trends: increasingly sophisticated smart technologies, the return of design and aesthetics to the mainstream, and greater supply chain autonomy and control. Hall A, Urban Lighting and Smart Engineering, focuses on smart lighting and project lighting. Hall B, inter and commercial lighting, brings together decorative fixtures, residential lighting, and commercial lighting. Hall C, outdoor and special lighting, covers outdoor lighting, lighting for cultural and tourism attractions, and special-purpose fixtures. Halls D and E, lighting manufacturing and supply-chain, connect machinery, auxiliary materials and components, and supporting services. Hall F, smart home and living decor, combines smart home technologies with decorative furnishings and accessories. Hall H, new brands and cross-border sourcing, gives buyers a one-stop product sourcing destination.
The fair will showcase advances in three major areas. In AI integration, lighting control systems powered by large AI models and wireless AIoT lighting solutions will deliver more responsive experiences, with light adapting to people’s movements. In health-focused lighting, highlights include classroom lighting solutions designed to meet China’s new national standards, along with human-centric lighting and products tailored to older adults. In green and low-carbon development, the displays will span high-efficiency energy-saving technologies, solar photovoltaic and energy storage applications, and innovations in environmentally friendly materials.
Highlight 3: Targeted Sourcing for a Thousand Buyers Shifts the Focus from Visitor Traffic to Lasting Business
This edition will assemble nine professional buyer delegations. Six domestic groups will cover smart lighting systems, decorative lighting, linear lighting, wholesale distribution, the full range of lighting products, and intelligent lighting. Under the banner “Hundreds of Businesses, Nationwide Connections: Leading Lighting Distributors’ Sourcing Delegation,” the fair will invite selected company executives and decision-makers to attend with concrete sourcing plans. Three further delegations will bring together key overseas buyers, media and associations, and key opinion leaders (KOLs).
This approach shifts the emphasis from visitor traffic to a sustained flow of orders. Using the IIRIS data management system, the fair will identify high-quality buyers, establish qualification criteria for major buyers, and build a year-round service framework. By extending short-term connections at the fair into year-round trade support, it will help exhibitors turn a four-day encounter into year-round business relationships.
Highlight 4: The Hosted Buyer Program Combines Business Matching, VIP Sourcing Tour, and Networking Party
The fair’s flagship Hosted Buyer Program (HBP) will return with an expanded program, inviting hundreds of overseas buyers to join an international sourcing delegation. The business matching area in Hall H will host five Denggle.com Business Matching, four for overseas buyers and one for domestic buyers. The proven format combines pre-event research into buyers’ needs, targeted invitations, and one-on-one matching in a dedicated meeting area during the fair. It will cover major lighting markets including Southeast Asia, South Asia, Europe, the Americas, and Africa.
A distinctive addition is the partnership with GZCD•STAR ALLIANCE for the “Stars Gather at Star Alliance: A Global Search for Lighting” event series. Activities will include a guided tour for 40 overseas buyers, store visits by KOLs, and the “206 Hosted Buyer Program Networking Party.” Together, they will create an integrated program of exhibition matchmaking, direct sourcing at lighting malls, and social networking over cocktails.
This combination of exhibition halls and lighting malls, formal business meetings and informal networking, sets the Guzhen Lighting Fair apart. Behind the event is Guzhen’s extensive local industry. In China’s Lighting Capital, the entire town serves as a showroom, with opportunities to do business throughout the area. This is the foundation of the fair’s distinctive strength: industry concentration drives efficiency, and location creates a competitive advantage that is hard to replicate.
Highlight 5: Five Lighting Forums Address the Industry’s Challenges and Next Steps
This edition will feature five themed forums, all centered on light.
“Illuminating Prospects: Forum on Industry Trends and New Opportunities in Guzhen” will examine the reshaping of global trade and the direction of industrial policy, exploring how the industry can move from selling lighting products to providing lighting solutions and services.
The “Building Intelligence with Light, Achieving Low-Carbon Coexistence” forum will focus on green, low-carbon IoT applications, wireless AIoT lighting, and upgrades to smart manufacturing in factories.
“Expanding Markets with Light, Making Retail Breakthroughs,” a distribution alliance forum, will address declining foot traffic for dealers and encourage shared access to customer bases and joint brand initiatives among lighting malls.
“Light for All Homes, Harmonious Living,” a forum on health-focused lighting, will explore lighting environments that serve people of all ages and the standardization of lighting for older adults.
“Global Reach with Light, Profit at the Endpoints,” a practical matchmaking forum on cross-platform customer acquisition through new media and overseas expansion, will focus on AI-powered customer acquisition across new media channels and generative engine optimization (GEO).
The five events will be organized in collaboration with leading bodies including the China Association of Lighting Industry, the Guangdong Lighting Association, and the Guangdong Electronic Commerce Association. They will cover industry trends, smart manufacturing, retail channels, health-focused lighting, and overseas expansion through new media. Their themes address both where businesses should go and how to get there. Combining strategic direction with practical methods is precisely the value industry dialogue should deliver.
Highlight 6: A Networking Party Builds Industry Consensus Through Recognition
To mark its 35th edition, the fair will hold the 35th Guzhen Lighting Fair Sourcing and Supply Information Networking Dinner on the evening of October 22. The organizing committee will launch a “Gold Partners” recognition program, with awards across several categories honoring companies that have supported the fair over the long term, demonstrated sustained commitment to the industry, and excelled in their respective fields.
By recognizing exemplary businesses, the program will establish industry role models, strengthen longstanding exhibitors’ connection to the fair, and demonstrate to global buyers the industry’s commitment to quality and a strong reputation for reliability. Around 250 key guests are expected to be invited, including representatives of government, business and industry associations, industrial bases, and high-caliber exhibitor partners. With the fair as a meeting point, the dinner will help companies support one another and strengthen ties between individual businesses and the wider industry.
Highlight 7: The 2026 Short-Video & Live Creator Contest Award Ceremony and KOL Tours Test New Ways for a Traditional Trade Fair to Reach Wider Audiences
“Good Lighting in Guzhen: The 2026 Short-Video & Live Creator Contest Award Ceremony” has evolved into a year-round signature event on Douyin and WeChat Channels. It features two categories, short-form video and on-site livestreaming, with quarterly popularity awards, annual grand prizes, and other honors. Recognition, audience metrics, and cash prizes will encourage participation by industry buyers and sellers, creators, and influencers.
The “Star Scout KOL Sourcing Group” will bring together more than 30 short-video creators specializing in lighting. Through in-depth short videos and on-site livestreams, they will explore the fair and amplify its reach across their combined online channels. Campaign-related content is expected to generate more than one million impressions over the full campaign period.
The Data Foundation: A Buyer Database of Over 1.3 Million Records and Year-Round Online Exhibitions and Trade
For promotion and buyer outreach, the fair uses the IIRIS data management system to draw on more than 1.3 million global buyer records. It works with over 150 trade and general-interest media outlets and web portals, alongside a social media presence on WeChat, Douyin, Kuaishou, Xiaohongshu, and Weibo, to send multiple rounds of targeted invitations to buyers in more than 140 countries and regions. Offline, it partners with over ten industry print publications and sends promotion teams to more than 40 lighting wholesale markets across China. Outdoor advertising will also appear along Guzhen’s main roads, on shuttle buses, and on LED displays.
On the digital side, the fair’s specialized B2B trading website, Denggle.com, and its online exhibition and e-commerce platform, Denggle EZbuy, use big data and intelligent recommendations to match buyers and suppliers precisely, providing online exhibition and trading services 365 days a year. By extending a four-day fair into a year-round online presence and complementing in-person connections with data-driven matching, the Guzhen Lighting Fair is redefining the reach of a lighting exhibition, extending it beyond its physical venue and four-day run.
Since its launch in 1999, the Guzhen Lighting Fair has held 34 successful editions over 27 years. From a regional ordering fair to an international exhibition and trading platform spanning more than 1.5 million square meters, each stage of its development has kept pace with the transformation of China’s lighting industry.
As AI integration reshapes lighting products, health-focused lighting responds to people’s aspirations for a better life, and green, low-carbon practices become a requirement for access to global supply chains, the 35th Guzhen Lighting Fair offers more than seven event highlights. It presents a promising vision for the future of China’s lighting industry.
SOURCE China (Guzhen) International Lighting Fair
Technology
DR. PHONE FIX ANNOUNCES AMENDMENT TO INTEREST CONVERSION TERMS OF CONVERTIBLE DEBENTURES
Published
15 minutes agoon
October 17, 2026By
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
EDMONTON, AB, Oct. 16, 2026 /CNW/ — Dr. Phone Fix Canada Corporation (“Dr. Phone Fix” or the “Company”) (TSXV: DPF) announces that it has entered into an amending agreement dated October 8, 2026 (the “Amending Agreement”) to amend the mechanics for converting accrued and unpaid interest under its unsecured convertible debentures issued on June 24, 2026 and July 17, 2026 in the aggregate principal amount of $1,608,000 and bearing interest at 10% per annum (the “Debentures”). The conversion price applicable to the principal amount of the Debentures is not affected by the amendments.
Under the Amending Agreement, the principal amount of the Debentures remains convertible, at the option of the holder, at any time on or before the maturity date into common shares of the Company (“Common Shares”) at a conversion price of $0.16 per Common Share. Accrued and unpaid interest on the Debentures remains convertible into Common Shares at the option of the holder, but at a deemed price per Common Share (the “Interest Conversion Price”) equal to the closing price of the Common Shares on the TSX Venture Exchange (the “TSXV”) on the last trading day before the holder delivers a notice electing to convert interest (an “Interest Conversion Notice”), provided that the Interest Conversion Price will not be less than the Market Price (as defined in the policies of the TSXV) on that trading day.
An Interest Conversion Notice must be delivered within the five trading days before the date on which the applicable interest becomes payable, including on conversion of the principal amount, in which case the Interest Conversion Notice is to be delivered together with the conversion notice. Any issuance of Common Shares in satisfaction of interest is subject to the prior acceptance of the TSXV, and any interest that is not converted, or for which TSXV acceptance is not obtained, will be paid in cash. The form of conversion notice attached to the Debentures has been updated to reflect these amendments. All other terms of the Debentures remain unchanged.
The terms of the Debentures provide that they may be amended with the consent of the holders of a majority of the aggregate principal amount of the Debentures outstanding, and that all holders are bound by any amendment so approved. Holders of more than 50% of the aggregate principal amount of the outstanding Debentures have consented to the Amending Agreement. Accordingly, the amendments are binding on all holders of Debentures, whether or not they executed the Amending Agreement and whether or not replacement certificates are issued.
The amendments to the Debentures remain subject to the acceptance of the TSXV.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described in this news release in the United States. Such securities have not been, and will not be, registered under the U.S. Securities Act, or any state securities laws, and, accordingly, may not be offered or sold within the United States, or to or for the account or benefit of persons in the United States or “U.S. Persons”, as such term is defined in Regulation S promulgated under the U.S. Securities Act, unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements.
About Dr. Phone Fix
Dr. Phone Fix is an award-winning, eco-friendly, and customer-centric integrated device care platform providing repair, refurbishment, certified pre-owned devices, trade-in solutions, accessories and related services through its growing national retail network. Founded in 2019, the Company serves consumers and businesses across multiple Canadian markets, delivering convenient and reliable device care solutions through its corporately owned retail network. With a focus on operational execution, customer service and sustainability, Dr. Phone Fix continues to expand its national platform while supporting the repair, reuse and extension of the useful life of connected devices.
NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
Forward-Looking Information and Cautionary Statements
Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as “may”, “should”, “anticipate”, “expect”, “potential”, “believe”, “intend” or the negative of these terms and similar expressions. Forward-looking statements in this news release include statements relating to: the acceptance of the amendments to the Debentures by the TSXV; and the conversion of principal and interest under the Debentures and the issuance of Common Shares in connection therewith. Forward-looking information in this news release is based on certain assumptions and expected future events, namely: the Company’s financial condition and development plans do not change as a result of unforeseen events; and the Company will be able to obtain the financing required in order to develop and continue its business and operations. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: the Company’s inability to obtain TSXV acceptance of the amendments to the Debentures or of any issuance of Common Shares in satisfaction of interest; market conditions and investor demand for the Company’s securities; and general economic and market conditions. Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement and reflect the Company’s expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.
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Brightmoor Hospice, LLC Provides Notification of Data Security Incident
Published
1 hour agoon
October 17, 2026By
GRIFFIN, Ga., Oct. 16, 2026 /PRNewswire/ — Brightmoor Hospice, LLC (“Brightmoor”) is providing notification of a data security incident that may have impacted certain protected health information.
On or around March 25, 2026, Brightmoor Hospice, LLC (“Brightmoor”) discovered suspicious activity related to two employees’ email accounts. Upon discovery, Brightmoor took immediate action to secure the accounts and engaged a team of third-party specialists to investigate. The investigation determined that two employee email accounts were accessed without authorization between March 24, 2026, and March 25, 2026. Upon confirmation of unauthorized access, Brightmoor began a comprehensive review of the contents of the affected accounts to determine whether they contained sensitive information pertaining to individuals. On August 18, 2026, Brightmoor determined that protected health information belonging to certain patients was present within the accounts. Brightmoor then conducted a time-intensive review of its internal records to locate address information for the potentially impacted individuals. On October 16, 2026, Brightmoor began notifying individuals by mail.
The types of information vary by individual and may include name and one or more of the following: addresses, Social Security numbers, driver’s license information, dates of birth, patients’ identification numbers, diagnosis, medical history information, medical record numbers, medical treatment information, lab information, treating doctor’s name, medication information, vaccination information, medical insurance information, and family and social history information.
In response to this incident, Brightmoor worked with third-party specialists to investigate and implement additional security measures within its network. Brightmoor has no evidence of actual or attempted misuse of information as a result of this incident. Nonetheless, in an abundance of caution, Brightmoor is providing notice to potentially affected individuals and offering complimentary credit monitoring services. Individuals are also encouraged to monitor their account statements and explanation of benefits forms for suspicious activity and to detect errors. In addition, Brightmoor has notified the U.S. Health and Human Services Office for Civil Rights of this incident.
Brightmoor has established a toll-free call center to answer questions about the incident and to address related concerns. The number for the hotline is 1-800-759-8524. The hotline hours of operation are Monday through Friday from 8 AM to 8 PM EST, excluding holidays. You can also write to 3247 Newnan Rd, Griffin, GA 30223.
Brightmoor takes protecting the privacy and security of personal information seriously and is reviewing and implementing further security enhancements designed to strengthen the protection of our systems.
View original content:https://www.prnewswire.com/news-releases/brightmoor-hospice-llc-provides-notification-of-data-security-incident-302911735.html
SOURCE Brightmoor Hospice, LLC
Thousands of Suppliers, Nine Buyer Delegations, Three Major Trends: The 35th Guzhen Lighting Fair Opens October 22 to Chart New Directions for the Industry
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