Cognyte, a global leader in investigative analytics software that empowers a variety of government and other organizations with Actionable Intelligence for a Safer World™, announces the establishment of a specialized team in Romania dedicated to Blockchain analytics. This team of experts will be part of Cognyte’s award-winning software product group and will play a crucial role in addressing customers’ needs to solve investigations related to cryptocurrency misuse.
Cryptocurrencies and blockchain technology have revolutionized the way people transact and store money. However, cryptocurrencies gained popularity among criminals as well, who quickly recognized the potential of this innovative technology to facilitate illegal activities. Cryptocurrencies’ inherent features, such as anonymity and borderless transactions, have made them an attractive tool for various criminal enterprises, including organized crime, cybercrime, terrorism, and money laundering.
Cognyte has consistently been at the forefront of innovation in the field of open analytics, continually expanding its platform to encompass new use cases, such as cryptocurrency investigations.
Cognyte’s pioneering solution combines cutting-edge technology with advanced analytics capabilities to help law enforcement agencies accelerate cryptocurrency investigations by identifying illicit transactions, uncover suspects, and generate actionable insights. By leveraging their expertise, the growing team in Romania will contribute to the ongoing revolution in blockchain analytics.
This groundbreaking product has already been recognized by industry experts, earning Cognyte the prestigious “Milipol Innovation Award 2021.”
“With the establishment of our expert Blockchain analytics team in Romania, we are actively seeking top talent to join us in our mission to revolutionize cryptocurrency investigations for our customers,” says Razvan Duica, country manager at Cognyte Romania.
Cognyte’s Blockchain analytics team in Romania will work collaboratively with other global teams, leveraging their collective expertise and knowledge to drive advancements in the field. This new addition further sets Cognyte’s position as a global leader in investigative analytics solutions, committed to help making the world a safer place.
Cognyte is a global leader in investigative analytics software that empowers a variety of government and other organizations with Actionable Intelligence for a Safer World™. Our open interface software is designed to help customers accelerate and improve the effectiveness of investigations and decision-making. Hundreds of customers rely on our solutions to accelerate and conduct investigations and derive insights, with which they identify, neutralize, and tackle threats to national security and address different forms of criminal and terror activities.