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BinanceThe world’s leading blockchain and cryptocurrency infrastructure provider, announced today that it has joined National Cyber Forensics and Training Alliance (NCFTA), a non-profit company focused on identifying, validating, mitigating and eliminating cybercrime threats. Binance is the first organization in the blockchain and cryptocurrency industry to officially join the consortium.
NCFTA was established in 2002 to responsibly share information and subject matter expertise with partners from private industry, law enforcement, and academia. Its goal is to develop and share threat intelligence as part of an international effort to combat and combat cybercrime. The NCFTA’s actions helped prevent more than $2 billion in potential losses and launched thousands of criminal and civil investigations resulting in more than a thousand arrests.
“Cybercrime is a global threat that continues to grow exponentially and has the potential to affect the very fabric of our society,” said NCFTA President and CEO Matt LaVigna.
“Binance is an industry leader with a proven track record in assisting international cybersecurity investigations. With their leadership, collaborative approach and commitment to fighting cybercrime, they will enhance our ability to deliver on NCFTA’s current mission and assist in providing The blockchain and cryptocurrency industry and everyone creates a safe environment,” added Matt.
Binance has built one of the most advanced teams in the world to tackle blockchain and cryptocurrency fraud. Its Binance investigation team is actively assisting law enforcement agencies around the world.To date, Binance has cooperated with hundreds of criminal investigations that have resulted in high-profile arrests including a cybercrime group Laundering $500 Million in Ransomware Proceeds.
“The evolving blockchain and cryptocurrency industry relies on close collaboration between industry, law enforcement and government agencies,” said Tigran Gabaryan, vice president of global intelligence and investigations at Binance. “Joining the NCFTA is an important step in our collective fight against cybercrime and protecting the entire community’s cryptocurrency ecosystem. Binance aims to be a major contributor to the fight against cybercrime, ransomware, and terrorist financing. We will continue to fight cybercrime, and Improve our level of cooperation and transparency through our partnership with NCFTA.”
About Binance
Binance is the world’s leading blockchain and cryptocurrency infrastructure provider, and its suite of financial products includes the most traded digital asset exchange. Trusted by millions of people around the world, the Binance platform is dedicated to increasing financial freedom for users and offers an unparalleled portfolio of cryptocurrency products and products, including: Trading & Finance, Education, Data & Research, Social Good, Investment & Incubation, Going Centralization and infrastructure solutions, etc. For more information, please visit: https://www.binance.com.
About NCFTA:
The National Cyber Forensics and Training Alliance is a non-profit corporation dedicated to identifying, validating, mitigating, and ultimately eliminating cybercrime threats through strategic alliances and partnerships with subject matter experts (SMEs) in the public, private, and academic sectors. NCFTA remains vigilant in identifying emerging cyber threats, sharing threat information and SMB resources in real-time across all departments and all of their partners through multiple communication channels.For more information about the National Cyber Forensics and Training Consortium, please visit www.ncfta.net.
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