The new technology and social platforms

Kelly-The new technology and social platforms have allowed criminals to do their illegal activity online against
others. The criminal justice system can also control the power of technology to prevent and find criminal activity
all together. But why don’t they use it all the time to prevent this money laundering crimes? Criminals are
becoming more sophisticated with money laundering because of the increase use of technology and
communication, money and assets can be converted faster and transferred has increased a lot through the
years. The criminals are getting smarter on their placement with money, layering and integration in how they
benefit from this. The increase in the use of bribery in financial institutions to get to a higher position is also a
way for criminals to get what they want. Using people to help them get the illegal dirty money clean. Criminals
take advantage of the companies with weak security or more vulnerable countries also. In the next five years
criminals will be exploiting in social engineering, ransomware, denial of service attacks, third party software’s
and cloud computing vulnerabilities. Hopefully by then the cybersecurity will be stronger than ever to prevent
and stop these criminals from doing the illegal transactions they are doing.
KimberThe new technology and social platforms have allowed criminals to do their illegal activity online against others.
The criminal justice system can also control the power of technology to prevent and find criminal activity all
together. But why don’t they use it all the time to prevent this money laundering crimes? Criminals are
becoming more sophisticated with money laundering because of the increase use of technology and
communication, money and assets can be converted faster and transferred has increased a lot through the
years. The criminals are getting smarter on their placement with money, layering and integration in how they
benefit from this. The increase in the use of bribery in financial institutions to get to a higher position is also a
way for criminals to get what they want. Using people to help them get the illegal dirty money clean. Criminals
take advantage of the companies with weak security or more vulnerable countries also. In the next five years
criminals will be exploiting in social engineering, ransomware, denial of service attacks, third party software’s
and cloud computing vulnerabilities. Hopefully by then the cybersecurity will be stronger than ever to prevent
and stop these criminals from doing the illegal transactions they are doing.

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