Although the financial industry has security measures in place to protect against financial terrorism, the global financial crisis demonstrates “how fragile financial markets really are,” says Rex Ghosh, who is an international economist and author of “Nineteenth Street, NW,” which is a novel about financial terrorism.
His advice to avoid becoming an unwitting aid to terrorists: Watch out for small transactions on your financial statements. If terrorists access your accounts, they could siphon small amounts without drawing anyone’s attention. (Banks are required to report only large, suspicious cash transactions.) He also suggests that you check that the charities to which you donate have tax-exempt status. If they do, it means that Internal Revenue Service has looked into them, which makes them less likely to fund terrorism.