TSOC covers a wide range of the most serious crime threats impacting Australia including:
- manufacture and trade of illicit commodities, including drugs and firearms
- sexual exploitation of children
- human trafficking and slavery
- serious financial crime
- cyber crime
- key enablers of TSOC include money laundering, identity crime and public sector corruption
TSOC is well financed and integrated into a global network. Recent research by the Australian Institute of Criminology indicates that TSOC costs Australia up to $47.4 billion annually.
70% of Australia’s serious and organised crime threats are based offshore or have strong offshore links. But the impacts of TSOC are felt locally. The destructive, pervasive and complex nature of TSOC touches the lives of Australians, and includes:
- the sexual exploitation and abuse of innocent and vulnerable children have lifelong impacts on the victims and their families
- the illicit drugs on our streets destroying lives and communities
- the massive money laundering operations distorting our financial markets
- the black market firearms shipments fuelling violence, particularly criminal gangs-related violence
- the cyber theft of personal and credit card details to commit fraud
- online investment scams in our inboxes, preying on the vulnerable
Protecting Australians and our national interests against TSOC is critical. As the environment changes and criminals adapt, so too must our national response.
