Uppsala Security, a provider of tools and services for crypto AML/CTF, transaction risk management, regulatory compliance, transaction tracking, and cybersecurity, is pleased to announce a partnership with Ozys, a blockchain technology company, with the goal of strengthening the security of the Web3 ecosystem.
Ozys is a Republic of Korea-based enterprise “specializing in the development of decentralized services, including DeFi, on-chain analytics platforms, and chain explorers.”
In addition to creating user-friendly solutions, Ozys places “a strong emphasis on enhancing Web3 ecosystem security.”
This commitment is reflected in its practice of “conducting thorough security audits prior to launching or updating services and implementing phishing prevention measures.”
Through this partnership, the two companies “have announced the completion of a real-time monitoring and information-sharing system, centered around Uppsala Security’s Crypto Incident Response Center (CIRC) service, which addresses security incidents related to cryptocurrency assets and blockchain transactions.”
The Crypto Incident Response Center (CIRC) has “handled approximately 2,000 individual cases, with reported damages amounting to about 1 trillion Korean won.”
The service has assisted in the recovery of funds and “the apprehension of perpetrators in various cases and is currently supporting international cooperation with law enforcement agencies in about 30 countries to capture offenders and recover assets.”
Notably, as an official collaborator of INTERPOL, Uppsala Security recently “supported the Paris 2024 Olympics Joint Task Force, sharing threat intelligence to secure the cryptocurrency threat landscape alongside other respected Gateway and private partners.”
In addition, Uppsala Security recently “completed the development of its cutting-edge AI-based digital asset investigation service, Chainkeeper, leading the way in protecting user assets and strengthening overall security and response to malicious activities targeting the Web3 ecosystem.”
Jin-Han Choi, CEO of Ozys, emphasized that security is as important as the growth of Web3.
The CEO of Uppsala Security, Patrick Kim, said:
“This partnership is an important milestone in enhancing the safety of the Web3 ecosystem. Uppsala Security, together with Ozys, will prioritize the protection of user assets and provide a secure digital asset environment through real-time threat monitoring and information sharing.”
As noted in the update, Ozys is a blockchain technology company “based in the Republic of Korea, focused on fostering connectivity and collaboration across the blockchain ecosystem.”
Ozys leverages technologies to bridge “diverse blockchain platforms, enhancing integration and driving innovation within the Web3 industry.”
Through relentless research and development, Ozys is committed “to leading global change and shaping the future of blockchain technology. Ozys is currently participating in the development of zkEVM rollup network, Silicon, in tandem with Polygon.”
Uppsala Security is an innovator in “the field of cybersecurity, specializing in Crypto Anti-Money Laundering (AML), Counter-Terrorist Financing (CTF), Transaction Risk Management, Regulatory Compliance, and Transaction Tracking.”
With a team of experts focused on anticipating and “mitigating emerging Web3 threats, Uppsala Security equips both individuals and organizations with the essential tools and knowledge to protect their assets in the dynamic cryptocurrency landscape.”
The company is dedicated to ensuring security “through comprehensive transaction tracking and analysis, with a strong emphasis on recovering lost funds and responding effectively to hacking incidents.”