Technology category powered by

UNIC helping Dubai police fight financial crime

The University of Nicosia (UNIC) is training members of the Dubai Police in combating financial crimes involving digital assets.

A University press release said its Institute for the Future (IFF) was collaborating with the General Department of Criminal Investigations and the General Department of Human Resources of Dubai Police in the "Financial Investigations for Digital Assets" programme.

The programme is part of a Memorandum of Cooperation signed between the IFF and the Dubai Police in November 2021, to strengthen coordination and partnership in areas of mutual interest such as the practical application of blockchain and the use of digital currencies in law enforcement.

The programme covers various topics, including an introduction to blockchain technology and digital assets, assessment of digital asset characteristics, the methods of detecting and analysing suspicious transactions in digital currencies, strengthening the capacity to manage and recover digital assets, the assessment of money laundering techniques using digital currencies, and the detection of illegal financial transactions.

In addition, the programme presents and analyses practices and procedures used by judicial authorities to seize and recover assets. It also analyses the risk of money laundering as regards illegal cryptocurrencies activities.

(Source: CNA)

Read More

Digital Operational Resilience (DORA) Conference
Cyprus among countries cooperating for returning to Moon through Artemis Accords
MoU signed for EU project on vocational education and training in AI, VR and SI
NASA welcomes Republic of Cyprus as 46th Artemis Accords signatory
CITEA: 92% of businesses plan to invest in digital transformation within the next year
Panel Discussion: Navigating AI integration in strategies and best practices
Inma Martinez: AI is useless if it isn’t fed data. Data selection and verification are a human task
Cyprus Fintech Summit 2024 is the End-of-Year Gathering that's Set to Spark Innovation & AI
Cyprus authorities remaining vigilant in the wake of a number of cyberattacks
1st Women in STEM Cyprus Forum begins the conversation for transformative change