Australia will track online money laundering and cyber fraud

Reuters also reports that the outfit hopes to “identify patterns and trends that could indicate large-scale financial scams or their methodology.” That bit will operate under the Australian Cybercrime Online Reporting Network, while the new division as a whole is a part of the Australian Transaction Reports and Analysis Centre. Sadly, this cybersecurity report contains zero Lord of the Rings references, despite the new task forces covering New Zealand in addition to Australia.

Read the original: Australia will track online money laundering and cyber fraud





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Author: Jagdeep

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