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Law and Economics

Theses/Dissertations

2023

Kenya

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The Negative Economic Impacts Of Money Laundering In Kenya, Thailand And France, Peyton Tollaksen May 2023

The Negative Economic Impacts Of Money Laundering In Kenya, Thailand And France, Peyton Tollaksen

Mathematics and Computer Science Capstones

Cybercrime has grown exponentially around the world due to consistently changing technology and the craftiness of cybercriminals often outpacing that of security officers. In the past three decades, cybercrime has been expedited and globally expanded due to the accumulated experience of these criminals, who take advantage of the new found black market, cryptocurrency, and other operations. According to a report published by the Center for Strategic and International Studies titled, “Economic Impact of Cybercrime,” it was found that, “close to $600 billion, nearly one percent of global GDP, is lost to cybercrime each year” (2018). Unfortunately, this number will only …