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Insec Security Launches Digital Forensic Solution for Blockchain and Bitcoin Account Analysis
Bitcoin wallet address-based deposit and withdrawal transaction analysis solution
Insec Security announced that Chainalysis, a company specializing in Bitcoin anti-money laundering software, is launching "Chainalysis REACTOR," a digital forensic solution for analyzing blockchain and Bitcoin accounts.
'Chainalysis REACTOR' is a deposit and withdrawal transaction analysis solution based on Bitcoin wallet addresses, allowing users to easily and automatically analyze all transaction logs of a wallet simply by entering the address. As an interactive investigation tool, REACTOR enables users to annotate findings and leave notes, allowing for simultaneous investigation by sharing data with others within the same organization.
Chainalysis Reactor enables transaction tracking using Bitcoin wallet addresses. It allows for the analysis of correlations between all transactions via graphs and enables a comprehensive overview of Bitcoin sending and receiving history at a glance.
Reactor provides financial institutions with activity monitoring reports that subdivide blockchain activities into various categories, enabling them to assess risks in advance when conducting business through blockchain. In addition, it provides specialized tools to visualize the movement paths and destinations of funds via Bitcoin, as well as expert information to discover and investigate newly emerging cyber threats.
For Bitcoin trading companies, we provide an 'API'—a Bitcoin risk assessment solution that integrates with various existing security solutions to rapidly identify the risks associated with specific Bitcoin wallet addresses—enabling them to quickly detect risks and prevent incidents in advance. Once a risk target is identified, it can be investigated in detail. Furthermore, by providing data from independent sources, it is possible to verify what the target is doing with Bitcoin, making it more convenient for business utilization.
Digital forensic agencies can utilize Reactor to rapidly identify criminal activities and pinpoint attack vectors that clients may face. Using Reactor, they can establish relationships between victims, accurately estimate criminals' earnings, and track Bitcoin traces to quickly identify the services cybercriminals use to convert Bitcoin into cash or other digital currencies.
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