Organized financial cybercrime: Criminal cooperation, logistic bottlenecks, and money flows

E. R.Rutger Leukfeldt*, E. W.Edwin Kruisbergen, E. R. Kleemans, R. A.Robert Roks

*Corresponding author for this work

Research output: Chapter in Book / Report / Conference proceedingChapterAcademicpeer-review

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Abstract

This chapter provides an overview of what we know about organized forms of cybercrime executed with a financial goal. First, criminal cooperation is covered. We discuss recent insights into the structure, composition, and mechanisms of origin and growth. Second, bottlenecks in the criminal business process and criminal money flows are described. Every criminal business process entails logistical bottlenecks: logistical problems that must be resolved to ensure the successful execution of criminal activities. One major bottleneck is safely spending illegally obtained money without drawing the attention of the authorities. After all, when it comes to financial cybercrime, the goal of criminals is gaining financial benefits. Finally, in the last section of this chapter, several overarching conclusions about organized forms of cybercrime are presented.

Original languageEnglish
Title of host publicationThe Palgrave Handbook of International Cybercrime and Cyberdeviance
EditorsThomas J. Holt, Adam M. Bossler
PublisherPalgrave / MacMillan
Pages961-980
Number of pages20
ISBN (Electronic)9783319784403, 9783319903071
ISBN (Print)9783319784397
DOIs
Publication statusPublished - 2020

Keywords

  • Criminal network
  • Cybercrime
  • Cybercriminal network
  • Dark web
  • Organized crime

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