In “The Convergence of Anti-Money Laundering and Cyber Security” (ABA Bank Compliance, 20 Oct. 2015), Thomas Bock, head of K2 Intelligence’s Anti-Money Laundering (AML) and Regulatory Compliance practice, notes the importance of the intersection of bank compliance and cybersecurity. According to Tom, “It is a tangled web, as cyber criminals are using both traditional and alternative payment methods to aid illegal activities and mask identities while completing scams at light-speed. With this new breed of criminal, AML teams are facing their greatest challenges to date.”
To read the full article, please click here.
For those who are not ABA Bank Compliance subscribers, please click the following to download a copy of the article.
Download the article