Cybercrime is not without victims and is taken extremely seriously by law enforcement.
Teenagers can drift into cyber-crime without realising the seriousness of their actions. In a timely video message from the UK National Crime Agency (NCA), parents are warned about the crimes teenagers can get involved in, especially during COVID-19 confinement.
The Garda Síochána have similar resources available at the Garda National Cyber Crime Bureau (GNCCB) website.
The Garda site also includes advice on the most common forms of money laundering during this Coronavirus era such as ransomware, spoof bank websites, Investment scams and CEO fraud, among several others.
Now is a good time to tighten up your AML procedures. For our latest 2020 Anti-Money Laundering Policies & Procedures Manual (retails for €150+VAT) see our online store here.
The Manual contains everything you need to successfully implement the requirements of the Criminal Justice (Money Laundering and Terrorist Financing) Acts, 2010 to 2018 and the Register of Beneficial Ownership.
Comes with a, free of charge, Excel spreadsheet called the ‘AML Control Sheet’ which firms may use to give a ‘helicopter’ view of progress made with keeping client AML data up to date.