ThreatRate Reports November 2018
Global terrorism: The multibillion dollar business
When most people think of terrorism or terrorist groups, often thoughts immediately go to violent terrorist attacks, extremist ideologies, or war- zones. What individuals often don’t think of is the oxygen that keeps terrorist groups breathing – money. At their root, however, terrorist groups are in the business of raising funds and seeking out financial sustainability. Without solvency, groups would be unable to fund their operations and, therefore, unable to spread their ideologies. To quote Amos Gilad, the former director of the Israeli Defense Ministry’s Political-Military Affairs Bureau, finance is indispensable and “like fuel for the car.”