#AI and crypto drive criminal efficiency: Europol

Europol’s report highlights how AI-driven automation and crypto tools fuel scams, phishing, trafficking, and financial crimes across Europe.

The European Union Agency for Law Enforcement Cooperation (Europol) published a report explaining how artificial intelligence and crypto affected organized crime.

In a threat assessment report on serious and organized crime, Europol stated that AI and crypto play a role in criminal efficiency. The law enforcement organization said criminal networks have demonstrated an ability to rapidly adapt to new technology.

The report said AI’s transformative qualities make it an attractive tool for criminals. The report said that generative AI had “lowered the barriers to entry” for digital crimes.

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