AI, Blockchain, and Quantum Computing Are Catalysts for Organized Crime – Europol | Blockchain AI | CryptoRank.io [English]

Source: CryptoRank | Author: CryptoRank | Read the full article in English

The recent report from Europol highlights the alarming ways in which advanced technologies like artificial intelligence, blockchain, and quantum computing are being exploited by organized crime in the European Union. These technologies have not only facilitated various criminal activities but have also contributed to a decline in trust within the economy and society. The report emphasizes that many criminal operations now take place online, allowing criminals to operate without needing a physical presence.

Europol points out that criminal groups are increasingly using AI tools to enhance their operations. For instance, they employ AI to create convincing phishing messages and develop sophisticated malware. Additionally, the use of blockchain technology and cryptocurrencies has become prevalent for laundering money and conducting illicit transactions, making it easier for criminals to hide their activities from law enforcement.

The report also warns about the potential future threats posed by quantum computing, as criminals may collect encrypted data now with plans to decrypt it later when technology advances. This evolving landscape of organized crime underscores the need for enhanced vigilance and innovative strategies to combat these high-tech threats effectively.

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