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Blockchain investigator Chainalysis hit by cybersecurity incident

Chainalysis has engaged world-class third-party experts to support a review of its security and strengthen its defenses.

Blockchain investigator Chainalysis hit by cybersecurity incident

Blockchain analytics firm Chainalysis fell victim to a cybersecurity incident, similar to recent breaches experienced by other platforms. In a blog post published on Friday, the company stated that no unauthorized access to investigation content, authentication credentials, or session tokens was found. However, non-sensitive customer data was exposed.

Chainalysis announced that it had enlisted top-tier third-party cybersecurity experts and was leveraging large language models to assess its security measures and enhance its defenses. The reported incident is unrelated to the recent crypto heist at Binance. Earlier this week, Cointelegraph reported that Chainalysis had identified a network of Russian intermediaries aiding North Korean IT professionals in converting millions of dollars' worth of cryptocurrency into fiat currency.

In a post on X, Chainalysis revealed that suspected North Korea-linked hacks accounted for nearly 89% of reported crypto hack losses this year, a significant increase from 15% in 2021.

Written by urgent.news from Cointelegraph's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at cointelegraph.com →

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