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Binance, the world’s leading blockchain and cryptocurrency infrastructure provider, today announced that it has joined the National Cyber-Forensics and Training Alliance (NCFTA), a non-profit corporation dedicated to the identification, verification, mitigation of cybercrime threats. and focuses on neutralization. Binance is the first organization in the blockchain and cryptocurrency industry to formally join the alliance.
The NCFTA was established in 2002 to enable responsible sharing of information and subject matter expertise with partners from private sector industries, law enforcement and academia. Its goal is to develop and share threat intelligence as part of an international effort to combat and defeat cybercrime. The NCFTA’s initiatives have helped prevent more than $2 billion in potential damages and launch thousands of criminal and civil investigations, which have led to more than a thousand arrests.
“Cyber crime is a global threat that is growing rapidly with the potential to impact the fabric of our society,” said Matt Lavigna, NCFTA President and CEO.
“Binance is an industry leader with a proven track record in assisting in international cyber security investigations. With its leadership, collaborative approach and commitment to the war on cybercrime, they have enabled us to achieve the NCFTA’s current mission. and help enable a safer environment not only for the Blockchain and Cryptocurrency industry, but for all.Matt.
Binance has built one of the most advanced teams in the world to tackle blockchain and cryptocurrency fraud. Its Binance Investigation Group is actively assisting law enforcement agencies around the world. To date, Binance has cooperated with hundreds of criminal investigations that have led to high-profile arrests, including one involving a cybercriminal group laundered $500 million in ransomware proceeds.
“The ever-evolving blockchain and cryptocurrency industry relies on strong collaboration between industry, law enforcement, and government agencies,” said Tigran Gambarian, Vice President of Global Intelligence and Investigation at Binance. “Joining the NCFTA is an important step in our joint fight against cybercrime, securing the cryptocurrency ecosystem for the entire community. Binance aims to be a leading contributor to the fight against cybercrime, ransomware and the financing of terrorism. We Will continue our fight against cybercrime and increase our level of cooperation and transparency through our partnership with the NCFTA.
About Binance
Binance is the world’s leading blockchain and cryptocurrency infrastructure provider with a suite of financial products that includes the largest digital asset exchange by volume. Trusted by millions of people around the world, Binance is dedicated to increasing the freedom of money for platform users, and boasts an unmatched portfolio of cryptocurrency products and offerings, including: trading and finance, education, data and research, Social good, investment and incubation, decentralization and infrastructure solutions, and more. For more information visit: https://www.binance.com.
About NCFTA:
The National Cyber-Forensics and Training Coalition is a not-for-profit corporation that aims to identify, verify, mitigate and ultimately neutralize cybercrime threats through strategic alliances and partnerships with subject matter experts (SMEs) in the public, private and academic sectors. is focused on. Always vigilant in uncovering emerging cyber threats, NCFTA shares threat information and SME resources on a real time basis through multiple communication channels across sectors and with all its partners. For more information about the National Cyber-Forensics and Training Coalition, please visit www.ncfta.net.
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