Police risk losing tech arms race with criminals: Europol

By March 2, 2015Bitcoin Business

AMSTERDAM (Reuters) – Austerity and funding cuts threaten to place police at a technological disadvantage against increasingly innovative and high-tech criminal organizations, Europe’s policing agency warned on Monday.

Europol said criminal gangs had a new array of technological tools at their disposal, ranging from hard-to-trace virtual currencies like Bitcoin to communications systems that allowed organizations to become looser and more decentralized.

"Sustained austerity threatens to leave law enforcement behind the curve and unable to close the […]

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