Financial Crime World

Global Police Report: Financial and Cybercrimes Top Global Concerns

Amidst the increasing digitalization and financialization, the inaugural Global Crime Trends report from INTERPOL reveals that financial and cybercrimes now top the list of global police concerns.

Key Findings from the INTERPOL Report

The INTERPOL report provides a comprehensive analysis of current and emerging threats worldwide, based on data from its 195-country membership. Here are some of the major findings:

Financial Crimes

  • Financial crimes are the second most common crime category, with reported proceeds amounting to an estimated €3.1 trillion in 2020.
  • Criminal networks employ sophisticated tactics, including money laundering, fraud, corruption, and illicit trade.

Cybercrimes

  • The number of cybercrimes has been increasing by an average of 30% per year between 2019 and 2021.
  • Criminals are getting more adept at exploiting technological advancements, causing harm to escalate further.

INTERPOL’s Emphasis on Global Cooperation

INTERPOL Secretary General Jürgen Stock commented on the report:

“This timely and insightful report reinforces the importance of collaboration amongst law enforcement agencies in the face of growing criminal threats that transcend borders.”

The report emphasizes the need for a coordinated global approach to address these risks and strengthen international cooperation.

You can read the full report for more details on the trends and evolving threats in financial and cybercrimes.

Stay tuned for further updates on this developing story and the ongoing efforts to mitigate the impact of financial and cybercrimes on individuals and societies.