Key takeaways
Binance hosted a virtual law enforcement training session for International Criminal Police Organization (INTERPOL) officers, where it shared its expertise in crypto investigation and cybercrime control on the Web3.
With over 120 in-person and online training sessions delivered in 2023 as part of its global law enforcement training program, Binance continues to work closely with national and international law enforcement agencies to strengthen collaborative security in the field of digital assets.
Binance’s commitment to strengthening cybersecurity and the skills of professionals who fight cybercrime has been recognized by law enforcement agencies around the world. In 2023 alone, our specialist teams have delivered over 120 seminars, workshops and training sessions to improve investigators' understanding and practical skills in the crypto space to help them deal with crypto-related threats . We will continue to work towards this in 2024, and on January 24, Binance hosted a virtual law enforcement training session for agents of the International Criminal Police Organization (INTERPOL).
The evolution of cybercrime control
More than 30 INTERPOL officers participated in this half-day virtual session hosted by Binance and designed to share experience and expertise with law enforcement. Led by experts from Binance's Financial Crime Compliance (CCF) department, the session covered key topics regarding law enforcement, cryptocurrency investigations, and cybercrime control. on the Web3.
Session moderators detailed the mechanisms and techniques Binance employs to support international authorities and law enforcement in their fight against cyber threats. They provided officers with an overview of how they could work with Binance in criminal investigations, including procedures for requesting data, freezing or seizing illicit funds on the platform, and providing practical and proactive proposed by Binance investigators.
Strengthening cybersecurity through partnerships
INTERPOL representative Horest Au Yeung shared his thoughts at the end of the session: “The adoption of digital assets is only increasing, which inevitably leads to more crimes in the digital space. It is therefore crucial to organize more collaborations between industry experts such as Binance and law enforcement to facilitate information sharing and refine mitigation strategies, to effectively combat this emerging type of transgressions. in the digital sphere. These sessions are very useful, and help us improve our understanding of Web3 in order to better prepare ourselves for the threats lurking there and that we will encounter in the future. »
Jarek Jakubcek, Head of Law Enforcement Training at Binance, said: “Binance believes that a holistic and collaborative approach is essential to safeguarding cybersecurity, and is honored to play a leading role in the shaping a safer digital environment by sharing the expertise needed to address cyber threats and crimes involving cryptocurrencies. We remain committed to protecting our Web3 ecosystem through close coordination with law enforcement and other industry stakeholders. »
In 2023, Binance's Financial Crime Compliance (CCF) unit conducted 120 in-person and online training sessions, which law enforcement found to be highly beneficial. We continue to work closely with law enforcement agencies by participating in investigations as well as seminars such as the Hong Kong Police Force's Advanced Commercial Crime Course. This year, Binance is not giving up its drive to strengthen cybersecurity in even more regions through increased cooperation with law enforcement.