- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By 
Adrianne Appel2024-10-07T12:13:00
The Criminal Division of the Department of Justice (DOJ) plans to heighten its focus on cybercrime, according to division head Nicole Argentieri.
The DOJ has been busy–very busy–disrupting and dismantling big cyber schemes, including the highly destructive LockBit and AlphV/Blackcat ransomware operations, along with the malicious 911 S5 botnet and Bitcoin Fog, a bitcoin money laundering service.
But more needs to be done and that requires a modernized strategy, Argentieri said before unveiling the new Strategic Approach to Countering Cybercrime, which will guide the division’s Computer Crime and Intellectual Property Section (CCIPS). The existing strategy was last updated in 2017, she said.
Key to the strategy is stepped-up enforcement, including the use of artificial intelligence (AI) in crime, Argentieri said Wednesday during a speech at the CCIPS Symposium on Artificial Intelligence.
AI and enforcement also will be discussed in detail at Compliance Week’s AI & Compliance Summit, which is being held Oct. 8-9 at Boston University. The event will gather business leaders, academics, and government officials to discuss some of the biggest questions around AI, including business adoption standards, ethical guardrails, and its applications in decision making.
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