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The Assumptions Behind the Assumptions in the War on Terror
Finance & Accounting
Pages 10 (2510 words)
Introduction Post 9/11 era is an entirely different era as it changed many dimensions of the way international politics and security issues are being perceived now. The brutality with which this event was carried out by the group of terrorists gave a wakeup call to the free world to re-examine its priorities and its security infrastructure to make world more secure…
This objective therefore also necessitated that systems and procedures must be developed to ensure that terrorist funding is restricted. The subsequent experience in the Iraq War signified the role of combating the financing streams of the terrorists to cut off their vital source of survival. There is therefore a greater need to properly assess the financial threat terrorism can actually pose and how law enforcement agencies can actually achieve the objective of gathering credible financial intelligence to block the sources of finance for the terrorists. The corruption in countries like Iraq and Afghanistan is also resulting into indirect funding for the terrorists and terrorist organizations and as such there is a greater need to ensure that a proper financial threat assessment is made. This paper will investigate the need for financial threat assessment in war on terrorism with special emphasis on how corruption in Iraq and Afghanistan is actually contributing towards the proliferation of terrorism. The need for risk assessment Risk assessment is not a new phenomenon and every industry engages itself into conducting and performing risk assessment. As such considering the overall nature of the engagement, risk assessment can be either prospective or retrospective in nature. ...
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