Hong Kong Awards Binance with Cyber Security Merit for Banking Sector Contributions

by Axel Orn

The Hong Kong authorities awarded Binance, a predominant cryptocurrency replace, the Cyber Safety Professional Award. This advances Binance’s efforts to present protection to customers within the ever-altering Web3 world. Binance acquired the Hong Kong Cyber Safety Professional Awards Merit Award. Binance was once honored for its assistance in HKPF virtual asset crimes. Binance was once the single Web3 winner, demonstrating its commitment to finance and banking cybersecurity.

#Binance is honoured to be pleased acquired the Cyber Safety Professional Award from the Hong Kong Authorities.

This award is a testomony to our unwavering dedication and efforts to form definite the safety of our customers within the evolving Web3 condominium.

Read extra ⤵️https://t.co/HZHOrnax5W

— Binance (@binance) March 6, 2024

Hong Kong Police Praise Binance’s Efforts in Combating Cyber Threats

The HKPF, GovCERT.HK, and HKCERT accomplice to most modern the Cyber Safety Professional Awards, which acknowledge cybersecurity excellence in loads of fields. In 2016, Hong Kong cybersecurity professionals acquired their first awards for his or her excellent work.

The committee that chosen this year’s winners praised Binance’s collaboration with Hong Kong’s police and its predominant response to virtual asset crimes. Binance’s collaborations and information sharing be pleased helped law enforcement strive against original cyber threats.

A Hong Kong Police Power spokesperson confused out the importance of firms working together to take care of digital crime patterns. On legend of the spokesperson knew Binance was once needed to cybersecurity, they confused out the need for everyone to collaborate to present protection to our on-line world and user pursuits.

Binance Investigations Manager Carlos Mak was once grateful for the Cyber Safety Professional Award. Mak talked about the award confirmed Binance’s commitment to preserving Web3 networks and combating cryptocurrency fraud.

Binance’s Cyber Safety Professional Award Acknowledges Dedication to Enterprise Requirements

Binance takes user safety severely with one in all the strongest monetary crime compliance departments within the industry. The platform has collaborated with law enforcement worldwide to strive against virtual asset crimes and solved several predominant world cases.

Collaboration has made virtual asset condominium safer. The value of virtual property despatched to illegal addresses has lowered, in response to Chainalysis’ 2024 Crypto Crime Narrate. This means a decrease in cryptocurrency fraud. The philosophize additionally reveals a decline in illegal cryptocurrency transactions. Due to ongoing cryptocurrency fraud prevention and safety efforts.

Binance will continue to pork up Web3 safety worldwide and produce a loyal virtual asset ecosystem. By working with law enforcement, regulatory bodies, and industry stakeholders, Binance hopes to pork up cybersecurity and protect user pursuits in a digital world.

Finally, Binance’s Cyber Safety Professional Award reveals its importance to digital finance and its commitment to the cryptocurrency industry’s most life like cybersecurity standards.

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