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Tools to Identify Exfiltration of Large Cryptocurrency Holdings Will Reduce Risk of Large Cyberattacks and Fraud on DeFi Platforms
Security Boulevard securityboulevard.com
Synopsis
The Exfiltration Phase of The Kill Chain of a Cryptocurrency-Based Attack Provides the Greatest Opportunity to Identify Cybercriminals
Cryptocurrency gained through illicit means is less useable than other assets due to the way cryptocurrency systems currently do not fully protect owner identity and allow for only limited liquidity. This incentivizes threat actors to transfer assets out of DeFi platforms and into traditional markets after successfully stealing cryptocurrency. Centralized markets contain strong controls including Know Your Customer (KYC), Anti Money …
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