Ujjwal PriyankAIR 10 · CSE 2025 · 154 wordsTheir whole copy
Opening
Terror financing has become more sophisticated and difficult to track due to increasing use of digital technologies and emergence of global market.
Body · points and prose
Role of technology
- Blockchain technology: Emergence of crypto currency has made it difficult to track the identity.
- Money laundering through hawala transaction where the "layering" is difficult to track.
- Use of Unmanned Aerial vehicles for trafficking of arms and drugs under organised crime.
- Cyberspace emerging as a space for fund generation and cyberterrorism.
- Role of international NGOs: Many civil society are involved in Terror financing. Eg: FCRA regulation in India.
Thus measures are needed at both national as well as global levels to tackle the menace.
National Level
- Strengthening PMLA via recent amendment to involve virtual digital assets.
- Ensuring digital adoption via Enforcement Directorate
- Enhanced border surveillance to track drones.
Close · a way forward
Thus, this menace of cyberspace for terror financing needs proactive support of multiple stakeholders.
2 more toppers’ answers to this question, part by part, and how they all approached it: open the question.