March 29, 2010

Terrorist Financing on the Internet

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By Michael Jacobson
CTC Sentinel, June 2009


In response to growing international pressure since the September 11 attacks, al-Qaeda has increasingly relied on the internet to spread its message and gain support throughout the world. In addition, al-Qaeda has used the web's broad reach, timely efficiency, and certain degree of anonymity and security as a conduit for terrorist financing. Unfortunately, al-Qaeda is not the only terrorist group that exploits the internet for financing; groups such as Hamas, Laskhar-e Taiba, and Hizballah also use the internet to raise and transfer funds to support their groups' activities.
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