Submitting Campus
Worldwide
Department
College of Aviation
Document Type
Book Chapter
Publication/Presentation Date
1-12-2024
Abstract/Description
As societies transitioned from the industrial era to the post-knowledge age, marked by the widespread adoption of artificial intelligence (AI), the volume and accessibility of information experienced unprecedented growth. This transformation led to the ‘AI Age,’ where smart machines became paramount. Simultaneously, it marked an era of innovation and automation, promising greater efficiency and presenting novel challenges. In this dynamic landscape, cybercrime found fertile ground to evolve and adapt. It expanded its scope from early computer intrusions to many activities, from data breaches and ransomware attacks to identity theft and financial fraud. Money laundering, too, evolved in tandem, capitalizing on the interconnected global financial networks and exploiting the anonymity afforded by digital currencies. As a result, society now finds itself at the intersection of two transformative forces: the ever-expanding realm of cybercrime and the era of AI and smart machines. To address the complex issues arising from these developments, it is imperative that we not only understand the historical roots of these challenges but also adapt our approaches and ethics to the evolving landscape of the digital age.
Publication Title
Corruption, Bribery, and Money Laundering - Global Issues
DOI
https://doi.org/10.5772/intechopen.1004131
Publisher
IntechOpen
Required Publisher’s Statement
Halawi, L., & Bacon, R. (2024). Exploring the Nexus of Cybercrime, Money Laundering, Ethics and Deterrence in the Age of Smart Machines. IntechOpen. doi: 10.5772/intechopen.1004131
Scholarly Commons Citation
Halawi, L., & Bacon, R. (2024). Exploring the Nexus of Cybercrime, Money Laundering, Ethics and Deterrence in the Age of Smart Machines. Corruption, Bribery, and Money Laundering - Global Issues, (). https://doi.org/10.5772/intechopen.1004131