April 20, 2024
Blockchain News

Blockchain data platform Chainalysis introduces ‘Crypto Incident Response Program’

Chainalysis, a blockchain data platform, today announced the launch of the Chainalysis Crypto Incident Response Service, a rapid response solution for organizations that have been targeted by incidents such as a cyber attack, ransomware, market manipulation, or another type of exploit that involves a cryptocurrency theft or demand.

How It Works: An incident occurs (i.e. hack, ransomware, code exploit, flash loan attack) and cryptocurrency funds are either demanded or stolen from the organization. Communication is initiated with Chainalysis’ 24/7 hotline protocol. Chainalysis assigns a dedicated team of world-class investigators, cryptocurrency operators, and data scientists to work alongside the organization. The investigation is deployed by the Chainalysis team while leveraging advanced capabilities to overcome sophisticated obfuscation techniques, identify funds and label them accordingly. If needed, Chainalysis helps liaise with law enforcement and provides expert witness testimony.

Click here to learn more about the Chainalysis Crypto Incident Response Service.

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