Australian law enforcement agencies do not have the funding or expertise to effectively fight cyber crime, the National Crime Authority (NCA) has told Parliament.
In a submission to a joint parliamentary taskforce, the NCA said it desperately needs more resources to develop a costly in-house cyber-forensic team to counter the "emerging and complex array of IT-facilitated offences".
These capabilities are essential to counter money laundering and other frauds reliant on the Internet and other digital technologies, the submission said.
NCA member Marshall Irwin said criminals had a real advantage over law enforcement in using the Internet to commit crimes because they are better resourced.
He said one of the main problems faced ing law enforcement agencies was the exodus of computer experts who are lured by fat pay packets to the private sector.