money laundering

Pierluigi Paganini September 21, 2013
Africa – Cybercrime has turned the web as a hub of evil

Africa is becoming even more an “online continent” despite its economical difficulties, in the same time there is a growing incidence of cybercrime. A report released recently about the escalating cases of cybercrime by the Symantec security company revealed that whereas the most prevalent type of attacks are mobile phone users are now becoming more vulnerable to attacks by cybercriminals followed by computer […]

Pierluigi Paganini June 01, 2013
Liberty Reserve suspension and impact on criminal underground

Private currency exchange system Liberty Reserve was shut down by US law enforcement, it is considered most popular payment system by cyber criminals. Liberty Reserve is a private currency exchange system issued by Liberty Reserve S.A. Of San José, Costa Rica that was shut down by US law enforcement with a deep impact on cybercriminal underground. The […]

Pierluigi Paganini November 19, 2012
Bitcoin … the new paradise for money laundering

    In the last decade the cybercrime had made a substantial leap forward of the main threats to the security of each government. The turnover has reached unimaginable numbers attracting ordinary crime and creating new partnerships between organized crime and cybercrime making impossible to indistinguishable them. Group of criminals are paying cybercriminals to receive […]