Anti-Financial Crime & Financial Crime Compliance
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AML, Cyber, Financial Crime

INSIGHT: How cybercriminals are using Wyoming shell companies for global hacks

By Raphael Satter

Somali reporter Abdalle Ahmed Mumin was doubly distressed when he heard that a colleague had been abducted by masked gunmen at the University of Mogadishu on the morning of Aug. 17.

A fellow journalist was missing and Mumin – the chairman of the Somali Journalists Syndicate – had little way of getting the word out. Digital sabotage had knocked his syndicate’s website and email accounts offline a few days earlier.

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