Mr. John S. Solomon Director of Threat Finance Research - World-Check
Security & Safety - Showcase
Financing Terrorism Online
The danger posed by the worlds top violent networks hinges in
large part on their ability to tap into an illicit supply chain
comprising overtly legitimate individuals and institutions in addition
to networks of transnational terrorists and criminals involved in
fraud, money laundering, narcotics, kidnapping, counterfeiting and
extortion. These activities are undertaken to raise money, and then
to direct those resources to buy weapons, false documents, travel,
training and ideological influence to bring attacks or other crimes to
fruition.
Just as the convergence of ICT and financial services has tremendous
benefits, it has also empowered terrorists and other criminals to
widen their radicalization and funding campaigns. As these illicit
activities rapidly go online, so too does the problem. It is
increasingly necessary, therefore, for governments and the private
sector to join together and understand the online component of terrorism and its financing. This presentation provides an in-depth look at how thevarious financing techniques work, where the threats are emerging, and what can be done about it.
About Mr. John S. Solomon
John S. Solomon is Director of Threat Finance Research at World-Check. He joined the company in 2006, and led the effort to build the leading open source intelligence database on terrorism and its financing. Having recently completed a secondment with the United Kingdom's National Fraud Intelligence Bureau, he publishes and speaks widely on cyber and financial dimensions of terrorism, organized crime and corruption. An Adjunct Fellow at the S. Rajaratnam School of International Studies in Singapore, Mr Solomon holds a Master's degree in Middle East and Central Asian Security Studies from the University of St Andrews in Scotland, and is pursuing a doctorate in War Studies at King's College London with the International Centre for the Study of Radicalisation.