Binance shares cybercrime insights with CICC
Blockchain ecosystem Binance held a two-day seminar with the Cybercrime Investigation and Coordination Center (CICC) to aid Philippine enforcement agencies in preventing cybercrime using blockchain forensics.
The seminar, designed by Binance, was conducted by the firm’s Asia Pacific Head of Intelligence and Investigations Jarek Jacubcek.
During the symposium, Jacubcek covered the technical aspects of interactions with and between exchanges, cryptocurrency tracing, common cybercrime activities, investigative techniques, prosecution of financial crimes, and forensics report development using open-source intelligence tools.
He stated that “cryptocurrency gives users power… But with the power comes responsibility.”
“So, people should be very careful about their sensitive data and their cryptocurrencies when they’re making these transactions…” Jacubcek added.
Meanwhile, CICC Deputy Executive Director Mary Rose Magsaysay said they attended the seminar to reassure the public that the country’s law enforcement system “is catching up to high-tech criminals.”
CICC is an agency under the Department of Information and Communications Technology (DICT).
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