Article 3QDRR Cyberlaundering: from ghost Uber rides to gibberish on Amazon

Cyberlaundering: from ghost Uber rides to gibberish on Amazon

by
Mattha Busby
from Technology | The Guardian on (#3QDRR)

Digital laundering funds terror and will 'double by 2020' - and the UN's anti-crime chief says it must be tackled

"We all have a stake in stopping cybercrime, which also enables so many other crimes, from human trafficking and migrant smuggling to trafficking in drugs, illicit firearms and wildlife, and money laundering," said Yury Fedotov, the director general at the United Nation's Office on Drugs and Crime, this week.

States are meeting at the UNODC in Vienna to discuss criminal justice responses to prevent and counter cybercrime, which uses new technologies to generate some $1.5tn in revenue per year, with a rapidly increasing amount laundered via equally cutting-edge digital methods that often avoid detection.

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