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How Cyber Criminals Clean Their Dirty Money

22
Jan
2019
Alexon Bell
CPO

By using a combination of new cryptocurrencies and peer-to-peer marketplaces, cybercriminals are laundering up to an estimated $200 billion in ill-gotten gains a year. And that’s just the beginning.

Cybercriminals, the same shadowy figures who use ransomware, email scams, denial-of-service attacks and other methods to earn a living, have turned to money laundering to hide and eventually “cash out” the profits of their criminal deeds.

Read the full article in Dark Reading.

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