February 25, 2024

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Innovative solutions for tackling cybercrime recognised at inaugural ASEAN-Australia Codeathon

Innovative solutions for tackling cybercrime recognised at inaugural ASEAN-Australia Codeathon

The winners of the inaugural ASEAN-Australia
Codeathon
which sought innovative solutions to combat cybercrime were announced
on 16 March.

The Australian Transaction Reports and Analysis Centre
(AUSTRAC), Australia’s financial intelligence, anti-money laundering and counter-terrorism
financing agency, hosted the 32-hour Codeathon in the lead up to the
ASEAN-Australia Special Summit 2018. It brought together more than 100
technology specialists and innovators from 10 nations, including industry
leaders and government partners, to address the problems of terrorism
financing, money laundering and cyber threats.

The six challenges presented to the participants to solve in
32 hours and the respective team winners were as below:

  1. Using big data to combat terrorism financing – CyberEye
  2. Disrupting money launderers, terrorists and cyber criminals
    across ASEAN – GoTrack
  3. Exploiting financial data to gain insights into crime and
    terrorism risks – Project Iceberg
  4. Applying artificial intelligence to improve AML/CTF
    compliance and suspicious matter reporting – Project Vision
  5. Applying blockchain technologies to improve financial
    services, AML compliance or secure intelligence sharing – CryptoCollect – A
    project by The Cyber Six
  6. Collaboration and knowledge sharing to combat cybercrime,
    money laundering and terrorism – The Longreach Platform

Project Iceberg won the top prize for the most innovative
digital solution to combat terrorism financing and cyber security risks.

Minister for Law Enforcement and Cyber Security Angus Taylor
said the Codeathon drives innovation in national security, harnessing the
knowledge and capability of industry and government.

“Terrorism financing is an evolving challenge, so fighting
it requires innovative and sophisticated solutions that advance faster than the
criminals do,” Mr Taylor said.

“To be truly effective in tackling cybercrime and terrorism
financing, international collaboration that leverages expertise and new technology
across various business sectors is vital.”

The judging panel included Tony Sheehan, the Commonwealth Counter-Terrorism Coordinator; Dr Maria Milosavljevic, Chief Information Security Officer, NSW Government; Dr Alex Johnston, Head of Technology, Thomson Reuters Australia; Alex Scandurra, CEO, Stone and Chalk; Paul Xuereb, Secretary, Blockchain Association of Australia; Leanne Fry, Chief Innovation Officer, AUSTRAC; and Dr John Moss, National Manager Intelligence, AUSTRAC.

AUSTRAC CEO Nicole Rose PSM said the judging panel found
that all winners demonstrated genuine innovation and originality.

“It was incredible to see such a diverse group of people
from different industries and nations come together to collaborate and partner
to address these common challenges in our region,” she said.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

PARTNER

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

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