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A Look at Chainalysis’ Crypto incident response service

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Yesterday, blockchain and transaction analysis provider, Chainalysis, launched its Crypto Incident Response tool, a new service designed to support enterprises that have been breached by threat actors who have demanded a cryptocurrency ransom. 

In the event of a breach or ransomware attack where cryptocurrency funds are demanded or stolen, the victim organization can contact Chainanalysis’ team of advisors and data scientists via a 24/7 hotline, who will then trace the funds and label them for recovery. 

This relatively new approach of combining cryptocurrency protection with incident response provides enterprises with a tool they can utilize in attempts to recoup lost or stolen funds. 

Why are crypto incident response services emerging now? 

The release of the ...

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