Editor’s Note: See also Cigarette Smuggling and Cyber Security: Low-Tech Crimes Fund High-Tech Threats.
From: Arab News
Experts say recent technology has changed the fundamentals of trade, in both legitimate and illegal economies. (Getty Images/Shutterstock)
With advancement in technology, more goods are easily exploited in illegal online markets
DUBAI: Emerging technologies and the dark web are fueling illicit trade, which is posing a growing threat to global economies. Middle Eastern nations are among the many countries that have failed to prevent criminals from exploiting loopholes to traffic illegal goods.
“Criminals fund illicit activity such as drugs and people smuggling, with proceeds from other illicit trades such as illicit cigarettes.”