Cyber Crime and the Crypto World

Insights & Trends presented by the Criminal Intelligence Service Austria, the Complexity Science Hub Vienna, and Cyber Risk Deloitte.

Cyber Crime and the Crypto World 

have been increasingly affecting individuals, societies, economies and governmental authorities equally across all areas around the globe. Insights into the current situation (particularly in Austria), outlooks and expected trends were presented to the members by the Criminal Intelligence Service Austria, the Complexity Science Hub Vienna, and Cyber Risk Deloitte.

 

Criminal Intelligence Service (CIS) Austria 

CIS Austria, stands for preventing and combating crime on the national level. CIS Austria is also the central national and international point of contact for police cooperation and as such supports the Provincial Criminal Intelligence Departments (CIDs) and all subordinate police authorities. Among the essential responsibilities of CIS Austria are crime strategy and in-service training of police experts. Currently, about 800 officers work at the CIS Austria in seven specialized departments.

One of the departments deals with Economic Crime with its sub-departments, namely the Reporting Office for Money Laundering (FIU - Financial Intelligence Unit), the Sub-Department Financial Investigations and Asset Recovery and the Sub-Department for Fraud, Forgery and Economic Crime. This last sub-department is responsible for fighting CyberCrime in the broader sense.

Complexity Science Hub (CSH) Vienna

The CSH is a non-university research institution that specializes in the development of modern data-driven analysis methods and models to analyze questions related to major societal challenges in areas such as economics, health, environment, and public administration in a data-based, comprehensive, and interdisciplinary manner. By applying scientific and technical expertise, large datasets are merged to quantify, monitor, and ideally develop the structure and resilience of systems and networks in an optimal and participatory manner.

The research group "Cryptofinance," led by Dr. Bernhard Haslhofer, focuses on the analysis of cryptoasset transaction networks and develops new algorithmic methods to investigate money flows in these networks. The current focus is on analyzing complex, decentralized financial products (DeFi) that are based on crypto-assets."

Cyber Risk Deloitte

Deloitte supports Austrian Clients with end-2-end Cyber Security services in the 3 Domains Security Strategy, Cyber Advisory & Implementation Services and Cyber Operate Services.