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Chainalysis launches reporting service for businesses targeted in crypto-related cyberattacks

Published 06/22/2022, 12:15 PM
Updated 06/22/2022, 02:00 PM
Chainalysis launches reporting service for businesses targeted in crypto-related cyberattacks

Blockchain analytics firm Chainalysis has launched a hotline that will accept reports o incidents of hackers demanding cryptocurrency payments from platforms or companies.

In a Wednesday blog post, Chainalysis said its "Crypto Incident Response" hotline would operate 24/7 for victims of a “hack, ransomware attack, code exploit or flash loan attack” in which “cryptocurrency funds are either demanded or stolen.” The company attributed the launch of the reporting service on crypto-related ransomware attacks presenting “national security concerns” as well as potentially undermining confidence in the crypto industry.

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