No Evidence That Terrorists Are Using Bitcoin

February 23, 2016

If you were concerned virtual currencies like Bitcoin are making things easier for Islamic State (aka IS, ISIS, ISIL, or Daesh), you can rest easy, at least for now. The International Business Times reports, “Isis: Bitcoin Not Used by Daesh.” That is the conclusion reached by a Europol investigation performed after last November’s attacks in Paris. Though some had suggested the terrorists were being funded with cyber money, investigators found no evidence of it.

On the other hand, the organization’s communication networks are thriving online through the Dark Web and a variety of apps. Writer Alistair Charlton tells us:

Better known by European law enforcement is how terrorists like IS use social media to communicate. The report says: “The internet and social media are used for communication and the acquisition of goods (weapons, fake IDs) and services, made relatively safe for terrorists with the availability of secure and inherently encrypted appliances, such as WhatsApp, Skype and Viber. In Facebook, VKA and Twitter they join closed and hidden groups that can be accessed by invitation only, and use coded language.”

se of Tor, the anonymising browser used to access the dark web where sites are hidden from search engines like Google, is also acknowledged by Europol. “The use of encryption and anonymising tools prevent conventional observation by security authorities. There is evidence of a level of technical knowledge available to religiously inspired terrorist groups, allowing them to make their use of the internet and social media invisible to intelligence and law enforcement agencies.”

Of course, like any valuable technology, anonymizing apps can be used for weal or woe; they benefit marginalized peoples trying to make their voices heard as much as they do terrorists. Besides, there is no going back to a disconnected world now. My question is whether terrorists have taken the suggestion, and are now working on a Bitcoin initiative. I suppose we will see, eventually.

 

Cynthia Murrell, February 23, 2016

Sponsored by ArnoldIT.com, publisher of the CyberOSINT monograph

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