Private firms to chase cyber-criminals for cash bounties, say police

The City of London Police is working with solicitors and private investigators on how to chase cyber-criminals through the civil courts in a bid to seize the proceeds of criminal activity.

Tom Reeve, Deputy editor

Law firms could be incentivised to pursue civil prosecutions against suspected fraudsters including cyber-criminals under proposals currently being considered by the City of London Police.

Under the initiative, which is currently in a pilot stage, law enforcement authorities would work with the private sector to identify, seize and recover assets from criminals using existing civil law.

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