Comment on this discussion post below summaries and explain why you agree with it$.$A global view of financial crimes is important for a several reasons. In intelligence, one of the things we conduct is predictive analysis. Predictive analysis attempts to determine where or how something will be in the future. We often look at what are called over$-$the$-$horizon $($OTH$)$threats$.$ We want to be proactive rather than reactive. When we look at OTH threats, our goal is to determine their potential impact on our area of interest and how best to prepare.$($Cybeta Solutions, n$.$d$.)$We want to prevent the threat from impacting us if possible and mitigate the impact if prevention is impossible.$$For example, you do not want to be one of those police agencies that still do not have someone trained on digital currencies in $2024.$Just because it may not be an issue yet in your jurisdiction does not mean you want to be caught flat$-$footed when it arrives.

Suppose you are the head of security for a large company.$$It could easily be the target of overseas scammers and hackers.$$Modus operandi often migrates.$$Perhaps their method is working very well in one target country, such as the United Kingdom, so they decide to expand their attempts to US companies.$$Or perhaps authorities in the United Kingdom have faced that MO enough times they are starting to get wise to the scam.$$Therefore$,$ the perpetrators decided to employ their methodology in the United States, where our authorities are not used to seeing that MO$.$It$$s going to look a lot better for you as the head of security when you report an attempted scam that was foiled because you were networking with international peers and learning about the crime methodologies in their area, than reporting a successful scam and having to explain to our executive board why you were not aware of that MO and prepared for it$.$

We need to have global awareness to recognize red flags of suspicious activity.$$The State Department has a list of states that are State Sponsors of Terrorism.$$Therefore$,$ transactions going to these states need more scrutiny to ensure they are not being laundered for terrorism.$$When I was assigned to a Narcotics unit as an analyst, I received a weekly list of certain transactions.$$What I looked for were destinations that were known as High$-$Intensity Drug Trafficking Areas $($HIDTAs$).$If money was being sent to a HIDTA, it was worth reviewing the transaction to see if someone with a known or suspected connection to narcotics trafficking was sending the money.