Cyber Security

Private firms to chase cyber-criminals for cash bounties, say police

“Law firms could be incentivised to pursue civil prosecutions against suspected fraudsters including cyber-criminals under proposals currently being considered by the City of London Police.

Under the initiative, which is currently in a pilot stage, law enforcement authorities would work with the private sector to identify, seize and recover assets from criminals using existing civil law.

Civil recovery would mean assets can be identified and seized more quickly, ‘taking them out of the hands of criminals and back into the hands of the victims,’ according to the City of London Police (CLP).”

Source: Private firms to chase cyber-criminals for cash bounties, say police – SC Magazine UK

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