Collaboration is key to protecting Australians from rising cybercrime: Binance
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Cybercrime is on the rise, with more than 600,000 scams reported last year according to new research
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However, according to Binance, crypto hacks have steadily declined in the past few years
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The crypto exchange notes it has partnered with global law enforcement on blockchain training and scams prevention
Special Report: Amid rising cases of cybercrime, fighting scammers is everyone’s business, writes Jarek Jakubcek, Binance’s head of law enforcement training.
As we mark Cyber Security Awareness Month in Australia, skyrocketing scams and cybercrime are firmly on the radar. The latest data reveals Australians lost $2.74 billion to cybercrime in 2023, with more than 600,000 scams reported.
Transactions on the blockchain, like cryptocurrency,…