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April 21, 2008Stemming Cybercriminal Cash Flow
One wonders, with all the criminal activity that's going on in the web, where oh where does all that electronic cash go?
According to an article at Security Focus, while the US Department of Justice has had some success going after online money laundering sites in countries that continue to be hacker havens, just as many spring up to meet demand.
"Our hopes are that, at some point, we can bring Russia on board with these cybercriminal investigations," Cox said. "In the past, we had written off Russia and Romania (thinking) we would never get cooperation from them."
The DOJ has also beefed up it's cybercriminal resources, growing from 10 attorneys in 2000 to 30 today (while you could figure the increase in cybercrime dwaf that growth). But you can also point to the recent arrest of 11 Romanians as some evidence that the US is having some success in getting the more cyberlawless countries to cooperate.
But still, it's a mighty big world wide web, and while you do need online law enforcement, trying to stop cybercrime by stopping the criminals is like trying to stop cancer by outlawing it.
Posted by pschooff in
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