Woodmac owner snaps up adviser

A €5 million (£4.3m) project has been launched in a bid to prevent criminals and hackers from using blockchain technology to avoid the prying eyes of law agencies.

The three-year project, funded by the European Union, will see 15 members join forces in a consortium dubbed Titanium (Tools for the Investigation of Transactions in Underground Markets), which has pledged to respect the privacy rights of legitimate users in the fight against crimes such as the recent Wannacry ransomware attack. Verisk Analytics, the data analytics provider that owns Wood Mackenzie, has acquired Make, a Danish research and advisory business specialising in wind power.

Make will become part of Wood Mackenzie with thecombinedorganisation set to “enhance the offering to existing clients”, Verisk said yesterday.