Technology fuelling illicit trade

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

Jennifer Bell

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.

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“Criminals fund illicit activity such as drugs and people smuggling, with proceeds from other illicit trades such as illicit cigarettes.”

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