Binance Receives Cyber Security Professional Award from Hong Kong Authorities
The Hong Kong government recognized Binance, a prominent cryptocurrency exchange, with the Cyber Security Professional Merit Award, highlighting its efforts to safeguard users in the dynamic Web3 landscape.
The crypto exchange received the award under the banking and finance category. Thus, it became the only Web3 firm to receive such an award from Hong Kong authorities in 2024.
#Binance is honoured to have received the Cyber Security Professional Award from the Hong Kong Authorities.
This award is a testament to our unwavering dedication and efforts to ensure the security of our users in the evolving Web3 space.
Read more ⤵️https://t.co/HZHOrnax5W
— Binance (@binance) March 6, 2024
As the exchange announced on March 6, Binance was honored with the Merit Award for its collaboration with the Hong Kong Police Force (HKPF) in combating virtual asset crimes. As the sole Web3 recipient, Binance’s recognition highlights its dedication to cybersecurity within the finance and banking sectors.
The Cyber Security Professional Awards were presented jointly by HKPF, GovCERT.HK, and HKCERT to celebrate excellence in cybersecurity across various domains. Since its inception in 2016, these awards have recognized Hong Kong cybersecurity professionals for their exceptional contributions.
Binance has been at the forefront of investigating and preventing virtual asset-related crimes, as it has been helping law enforcement in the country. In February, Binance collaborated with the Hong Kong Police Force (HKPF) to combat cybercrime in the city. Binance participated in and supported a Virtual Asset Investigation Course (VAIC) organized by the Cyber Security and Technology Crime Bureau (CSTCB) of the HKPF. The objective of the 5-day training
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