The Australian Prime Minister called it “a new era of engagement with ASEAN” as the first ASEAN-Australia Summit was held in Sydney in March. With special meetings and conferences held across the domains of business, industry, economics and security, the region’s leaders and representatives created agreements and MOUs to address an equally wide range of issues.
In a security and technology context, there was ASEAN-Australia Joint Declaration for Cooperation to Combat International Terrorism, supported by a package of counter-terrorism initiatives intended to strengthen regional efforts to counter terrorist activity, assets and funding. This includes technical and regulatory assistance to develop best practice counter-terrorism legislation, and regional dialogues and workshops on topics such as electronic evidence, financial intelligence, and countering online radicalisation.
MySecurity Media attended the ASEAN-Australia AUSTRAC Codeathon and interviewed the always entertaining and intelligent Adam Spencer, MC and Chief Innovation Officer Leanne Fry and Director of Innovation, Rajesh Walton. The Codeathon presented six challenges for participants from across the region to solve in 32 hours:
- Using big data to combat terrorism financing
- Disrupting money launderers, terrorists and cyber criminals across ASEAN-Australia
- Exploiting financial data to gain insights into crime and terrorism risks
- Applying artificial intelligence to improve Anti-Money Laundering and Counter-Terrorism Financing (AML/ CTF) compliance and suspicious matter reporting
- Applying blockchain technologies to improve financial services, AML compliance or secure intelligence sharing
- Collaboration and knowledge sharing to combat cybercrime, money laundering and terrorism…Click here to read full article.
