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Terrorist Financing and the Internet

By  Michael Jacobson
March 9, 2010

Terrorist Financing and the Internet

Name Format Action
Terrorist Financing and the Internet

Terrorism The Internet

While al Qaeda has used the Internet primarily to spread its propaganda and to rally new recruits, the terrorist group has also relied on the Internet for financing-related purposes. Other Islamist terrorist groups, including Hamas, Lashkar e-Taiba, and Hizballah have also made extensive use of the Internet to raise and transfer needed funds to support their activities. The Internet’s appeal in this regard for terrorist groups is readily apparent–offering a broad reach, timely efficiency, as well as a certain degree of anonymity and security for both donors and recipients.