The financing of terror in the age of the Internet: wilful blindness, greed or a political statement?

Abstract

Begins with the Staff Report to the National Commission on Terrorist Attack on the United States, which indicates the methods used to trace, seize and freeze terrorist assets, and the informal methods used by al‐Qaeda to transfer money. Questions the amount of progress made since September 11 to freeze funds. Focuses on encryption technology and how it allows illegal use of the Internet in the form of cyber laundering and e‐cash, and on the move by terrorists into narcotics production and trafficking ‐ which is defined as nacre‐terrorism. Describes efforts to proscribe cyber crime, including cyber laundering and cyber terrorism, including controls on privacy and encryption. Shows how business corporations can become involved with terrorism, including a case study on tanzanite.

Citation

Baldwin, F.N. (2004), "The financing of terror in the age of the Internet: wilful blindness, greed or a political statement?", Journal of Money Laundering Control, Vol. 8 No. 2, pp. 157-158. https://doi.org/10.1108/13685200510621154