• The TON Foundation has partnered with Chainalysis to utilize its Crypto Incident Response Service to ensure fast fund recovery in case of hacks or exploits.
• This service provides a rapid response to cyber-attacks and unauthorized network intrusions, which may involve cryptocurrency theft or ransom demands.
• Chainalysis offers a 24/7 hotline for proactive Crypto Incident Response customers with advanced investigative capabilities, and has worked on hundreds of cases involving cryptocurrency.
The Open Network (TON) Foundation Partners With Chainalysis
The TON Foundation, dedicated to the advancement of The Open Network (TON), has partnered with Chainalysis to utilize its Crypto Incident Response Service, ensuring round-the-clock support for swift fund recovery in case of hacks or exploits.
About The Open Network (TON)
The Open Network (TON) is a technology designed to unite all blockchains and Web2 internet into one open network. It features a layer-1 architecture designed to scale up to 2^32 workchains, each of which can be subdivided into up to 2^60 shardchains. This design enables TON to support millions of transactions per second and ensures faster data processing time compared with existing platforms.
Chainalysis’s Crypto Incident Response Service
Chainalysis is a prime blockchain data platform that provides investigative services and support to both private and public sector organizations by deploying its rapid response retainer service. Justin Hyun, Head of Incubation at TON Foundation referred this service as the „industry gold standard“ for providing a rapid response to hacks or exploits in order to root out bad actors and ensure an optimal experience for TON’s growing user base.
Chainalysis’s Crypto Incident Response program streamlines the engagement process, providing 24/7 hotline for proactive Crypto Incident Response customers who are assigned a dedicated team that can respond quickly incidents such as hacks, ransomware attacks, code exploits, or flash loan attacks by leveraging advanced investigative capabilities; liaising with law enforcement and asset recovery counsel if needed; and tracing and labeling funds in the Chainalysis platform quickly so bad actors cannot cash out their ill-gotten gains.
Chainalysis Has Worked On Hundreds Of Cases Involving Cryptocurrency
Having worked on hundreds of cases involving cryptocurrency, Chainalysis investigators have helped solve some of the most high-profile cyber-criminal cases.
By partnering with Chainaylsis’s Crypto Incident Response Service, The Open Network (TON) Foundation gains access to robust means that can protect against cyber-attacks or unauthorized network intrusions while also helping solve some of the most high profile cybercrime cases through its advanced investigative capabilities.