YOU ASKED: WHICH OF THE TWO ECONOMIC SECTORS IS MORE VULNERABLE TO EXPLOITATION BY TERRORIST GROUPS: BANKING OR INSURANCE? RELATED EXAMPLES
Introduction It is no secret that the type and number of terrorist organizations and related threats have evolved over time but the sine qua non of terrorism remains the same; to raise, move and distribute funds as surreptitiously as possible. Nevertheless, as the nature, structure and scope of terrorist organizations have changed, so –too- have their methods to acquire and manage funds. The resourcing needs of a terrorist organization vary greatly, depending on the nature of the organization itself, its operational continuum and the particular circumstances. Financing is necessary not just to fund specific terrorist operations; a considerable infrastructure is also required to sustain transnational terrorist networks and to promote their objectives over time. Terrorists have proved to be infinitely flexible, adaptive and creative regarding their fundraising methods. Disrupting the financial flow of terrorist organizations is instrumental in constraining the overall capabilities