Skip to content
The Cyber Security Place

Software

Cybercriminals launder money through mansions, private islands and crypto currency

Reported by helpnetsecurity.com

Cybercriminal proceeds make up an estimated 8-10 percent of total illegal profits laundered globally, amounting to an estimated $80-$200 billion each year, according to a nine-month academic study by Dr. Mike McGuire, Senior Lecturer in Criminology at Surrey University.

Read the full article at helpnetsecurity.com