NewsCryptoChainalysis Hit by Cybersecurity Incident That Exposed Some Non-Sensitive Customer Data

Chainalysis Hit by Cybersecurity Incident That Exposed Some Non-Sensitive Customer Data

Author: Cointelegraph·

Key Takeaways

  • •Chainalysis disclosed a cybersecurity incident that exposed certain non-sensitive customer data, including user IDs, names, and email addresses.
  • •The company stated that its investigation to date has found no evidence of unauthorized access to investigation content, authentication credentials, or session tokens.
  • •Chainalysis has brought in third-party cybersecurity experts and is using large language models to support a review aimed at strengthening its defenses.
  • •The firm said the incident was unrelated to the recent crypto theft at Binance and did not name other platforms affected by similar recent attacks.
  • •Separately, Chainalysis reported that suspected North Korea-linked hacks accounted for nearly 89% of reported crypto hack losses this year, up from 15% in 2021.
Chainalysis Hit by Cybersecurity Incident That Exposed Some Non-Sensitive Customer Data

Blockchain analytics firm Chainalysis has disclosed a cybersecurity incident, saying it was targeted in an attack similar to those that have recently affected other platforms. Some non-sensitive customer data was exposed, including user IDs, names and email addresses.

"Based on the investigation to date, we have found no evidence of unauthorized access to investigation content, authentication credentials, or session tokens," the company said in a blog post on Friday.

The company said it had engaged third-party cybersecurity experts and was using large language models to support a review of its security and strengthen its defenses. It did not name the other platforms affected by similar recent attacks or describe the technique used against it.

Founded in 2014, Chainalysis is one of the most widely used blockchain analytics providers in the industry, with its research frequently cited in government actions and court cases involving digital-asset crime. That role makes the condition of its investigation materials relevant well beyond its own customer base, and the company's statement indicated that no unauthorized access to that content had been found so far. The company added that the incident was not related to the recent crypto theft at Binance.

The disclosure followed a report by Cointelegraph on Thursday that Chainalysis had mapped out a network of Russian intermediaries that helped North Korean IT workers cash out millions of dollars in cryptocurrency.

Separately, Chainalysis said in a post on X on Friday that suspected North Korea-linked hacks accounted for almost 89% of reported crypto hack losses this year, up from 15% in 2021. North Korean state-linked hackers have been blamed for some of the largest cryptocurrency thefts on record.

Cointelegraph Magazine previously reported that Binance hackers raced to move billions before it could be frozen. The company described its findings as based on the investigation to date, and the review it launched with third-party experts could produce further detail on how the incident unfolded.