The Role of Cybersecurity in Fund Recovery

When cryptocurrency is lost due to a hack, phishing scam, or platform vulnerability, cybersecurity experts play a critical role in the recovery process. Their responsibilities include:

  • Identifying the Source of the Breach:
    Analyzing how the attacker gained access—whether through malware, social engineering, weak credentials, or system flaws.

  • Forensic Investigation:
    Tracing stolen funds across the blockchain using digital forensics, IP analysis, metadata tracking, and threat intelligence.

  • Securing Affected Systems:
    Ensuring that compromised wallets, devices, or accounts are immediately secured to prevent further loss.

  • Supporting Legal Evidence Gathering:
    Providing digital logs, attack vectors, and tracing reports that can be used in criminal investigations or civil recovery cases.

Thumb
Thumb