Chainalysis Confirms Cybersecurity Incident, Says Binance Hack Is Unrelated

Chainalysis has disclosed that it was targeted in a cybersecurity incident, similar to attacks that have recently hit other platforms. In a blog post on Friday, the company said its investigation so far has found no sign of unauthorized access to investigation content, authentication credentials or session tokens. It did confirm that some non sensitive customer data was exposed. The company also stressed that the incident has no connection to the recent crypto theft at Binance.

How Chainalysis Is Strengthening Its Security

To review its defenses, Chainalysis has brought in world class third party cybersecurity experts. It is also using large language models to support the review and tighten its protections, as it works to understand exactly what happened and prevent a repeat.

North Korea and Crypto Hack Losses

The news comes as the firm continues to track state linked crypto crime. On Friday the company also said suspected North Korea linked hacks account for almost 89% of reported crypto hack losses this year, up from 15% in 2021.