Interpol Enlists Korean Startup to Monitor Crypto on the Darkish Net

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Interpol Enlists Korean Startup to Monitor Crypto on the Darkish Net

The Worldwide Felony Police Organisation (Interpol) has introduced a partnership with South Korean knowledge intelligence startup, S2W Lab, to res



The Worldwide Felony Police Organisation (Interpol) has introduced a partnership with South Korean knowledge intelligence startup, S2W Lab, to research darkish internet exercise, together with cryptocurrency transactions.

The startup announced the partnership on March 20 — with S2W Labs signing a one 12 months contract with Interpol.

Interpol units its sights on the darkish internet

S2W Lab claims to have “captured an enormous quantity of Darkish Net knowledge” and “established a Darkish Net database.” The S2W examines the information utilizing synthetic intelligence to determine “hyperlinks amongst a number of domains and amongst a number of timeframes.”

S2W boasts that it has secured a number of patents “with regards to Darkish Net and cryptocurrency” evaluation.

Suh Sangduk, S2W Labs’ CEO, emphasised the challenges of responding to cybercrime on the darkish internet as a result of “huge utilization of cryptocurrencies.” 

He provides that the partnership will see S2W “cooperate with worldwide investigations” to make sure that distributed ledger applied sciences are “used for good functions.” 

S2W identifies black marketplace for face-masks amid coronavirus panic

After the startup launched in September 2018, it developed strategies of research alongside researchers from the Korea Superior Institute of Science and Expertise College.

On March 19, S2W Labs recognized the formation of a black marketplace for face-masks on Darkish Net marketplaces.

The agency analyzed the prevalence of key phrases pertinent to coronavirus throughout well-liked darknet markets, discovering that 10-packs of face-masks are regularly promoting for between $85 and $170 on main nameless marketplaces.

On Feb. 20, S2W identified the private data of three million Koreans that had been leaked onto the darkish internet. 

Interpol cracks down on cryptojacking

Throughout January, Interpol introduced that it had decreased the variety of MikroTik routers infected with cryptojacking malware in South-East Asia by 78%.

Via a partnership with cybersecurity agency, Development Micro, Interpol issued “Cryptojacking Mitigation and Prevention” steering all through the South-East Asian area.

The initiative resulted within the restoration of greater than 20,000 affected routers.





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