Binance Honored By Singapore Police Force For Collaborative Cybercrime Prevention Efforts

  • Cybersecurity
  • 18.03.2025 04:30 pm

Cybercriminals are becoming more sophisticated, but the forces working to stop them are also gaining strength by increasingly presenting a united front. In a testament to the power of public-private collaboration in the fight against crime, Binance has recently been honored by the Singapore Police Force (SPF) for its role in tackling cyber threats.

On March 11, 2025, Binance received an appreciation award from the Singapore Police Force (SPF) for its proactive efforts in combating cybercrime. The appreciation award was presented by SPF’s CyberCrime Command (CCC) at the annual Alliance of Public PrivAte Cybercrime sTakeholders (APPACT) networking dinner — a gathering that brings together key industry players and law enforcement partners in the fight against digital threats.

The APPACT Appreciation Awards recognize private companies that have made meaningful contributions to strengthening cyber defenses, from enhancing investigative capabilities to supporting crime prevention efforts. Binance’s recognition highlights the crucial role that industry leaders play in tackling emerging cybersecurity challenges and reinforcing Singapore’s digital resilience.

A Recognition of Strong Partnerships

At the event, Mr. Zhang Weihan, Acting Deputy Commissioner (Investigation & Intelligence) and Director of the Criminal Investigation Department (CID) of SPF, acknowledged the collective efforts of private sector stakeholders. In his speech, he expressed appreciation for Binance and other industry partners for their contributions to cybercrime investigations.

Alongside Binance, 17 other prominent companies including industry leaders like Google, Mastercard, Meta, Microsoft, and PayPal also received the award.

Commitment to a Safer Digital Ecosystem

Reflecting on this recognition, Akbar Akhtar, Binance’s Head of Investigations for APAC, emphasized the importance of collaboration in cybersecurity:

“Receiving the APPACT Appreciation Award is an honor for Binance, and we are deeply grateful to the Singapore Police Force for recognizing our team’s efforts in combating cybercrime. At Binance, we have always believed that effective security requires collaboration. That is why we are constantly looking for opportunities to directly engage with both law enforcement agencies and industry players to create a digital environment where everyone feels safe, comfortable, and protected.”

This award follows a series of recent acknowledgments of Binance’s commitment to collaborative security in Southeast Asia and beyond. Recently, Thailand’s Central Investigation Bureau (CIB) acknowledged Binance’s support in Operation Cyber Guardian, an international crackdown on cybercriminal networks. Additionally, Binance received an appreciation medal from Indonesia’s Directorate of Cyber Crime for its long-term contributions to cybercrime investigations.

Beyond Southeast Asia, Binance continues to play an active role in global cybersecurity efforts. In 2024 alone, our specialized teams responded to nearly 65,000 law enforcement requests worldwide, reflecting Binance’s dedication to fostering a safer digital environment. As cyber threats evolve, we remain dedicated to working closely with public and private partners to enhance security and trust in the digital space.

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