Whitepaper: Essential Alliance of Cybersecurity and AML

Cybersecurity is no longer limited to data protection or intrusion prevention: it is becoming a strategic lever in AML/CFT.

Executive Summary

Money laundering, long associated with opaque banking channels or organisational subterfuges such as shell companies, is taking on new forms. Criminals now rely on sophisticated digital tools, often derived from the world of cybercrime. In the digital age, criminals are less likely to operate with suitcases full of cash or offshore accounts.

Methods used to reintroduce or use illicit money are constantly evolving. In the face of this threat, cybersecurity is becoming an essential pillar in anti-money laundering and counter terrorist financing (AML/CFT).

In this context, cybersecurity is no longer limited to data protection or intrusion prevention: it is becoming a strategic lever in AML/CFT. The two areas, which were once treated separately, are now converging in the face of common threats and increasingly stringent regulatory requirements.

At the same time, financial institutions, regulators, and businesses are facing

increasing pressure to strengthen their cybersecurity and ensure the integrity of their systems.

Whitepaper

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About MAQIT

Founded in 2015 in Luxembourg, MAQIT is a Regulatory IT & AML powerhouse, blending Advisory, Managed Services, and Smart Tools to simplify compliance challenges.

MAQIT specialises in expert technology solutions, empowering companies to confidently achieve and maintain compliance in a complex regulatory landscape.