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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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