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Athul Harilal, Threat Intelligence R&D Lead at Uppsala Security, presented during “RISE Indonesia 2022”

Singapore, May 20th 2022 — Uppsala Security, a state-of-the-art provider of award-winning security tools and services for Crypto AML/CTF, Transaction Risk Management, Regulatory Compliance, Transaction Tracking, and Cyber Security recently announced the participation of Athul Harilal as a speaker during “RISE Indonesia 2022”, a cybersecurity focused event that took place between 11th — 13th of May 2022 in Bali, Indonesia.

“RISE-Indonesia” [Regional Internet Security Event] was organized by CSIRT-ID and Team Cymru, a growing Threat Intelligence company based in Orlando, Florida, USA that is focussed on saving and improving human lives. They run 4 InfoSec conferences a year that are completely funded by sponsors and free for delegates to attend. They have commercial and no cost solutions designed for network operators worldwide. See their next events listed here.

Figure 1: Athul Harilal, Threat Intelligence R&D Lead at Uppsala Security, on stage during “RISE Indonesia 2022”

During his presentation Athul, one of the masterminds behind the Uppsala Security’s Threat Intelligence products, services and investigations, focused on the Money Laundering Techniques Employed by Malicious Actors. Based on researched data using Uppsala Security’s products such as the Crypto Analysis Transaction Visualization (CATV) or the upcoming Crypto Asset Monitor Solution (CAMS), various illustrations displaying money flow behaviors by threat actors as well as simple traders were shown to the on-site participants, in order to emphasize the differences between their conduct and set the base for Outlier cases.

Key takeaways from the shared research were the fact that the forwarding or the splitting of funds remains one of the most used techniques by malicious actors while ​​exchanges are not only used for encashing/ swapping coins, but also to launder illicit funds — which also means that exchanges can make a significant difference in unravelling threat actor activity.

About Team Cymru

​​Since 2005, Team Cymru’s mission has been to deliver comprehensive visibility into global cyber threat activity and become a key source of intelligence for many cyber security and threat intelligence vendors. Team Cymru’s Community Services division provides no-cost threat detection and intelligence to network operators, hosting providers and more than 140 CSIRT teams across 86+ countries as well as commercial solutions by giving enterprise clients comprehensive visibility into global cyber threats.

About Uppsala Security

Uppsala Security built Sentinel Protocol, the first crowdsourced Threat Intelligence Platform powered by artificial intelligence, blockchain technology, and machine learning. Supporting the framework is a team of experienced cyber security professionals who have developed an award-winning suite of advanced tools and services for Crypto AML/CFT, Transaction Risk Management (KYC/KYT), Transaction Tracking, Regulatory Compliance, and Cybersecurity enabling organizations of every type and size to protect their crypto assets from malicious attacks and scams while meeting stringent regulatory compliance standards. Today Uppsala Security has over two thousand (2K+) users including government agencies, financial institutions and leading enterprises providing crypto exchanges, payment services, wallets, custodial services, gaming, and FinTech solutions.

Uppsala Security is headquartered in Singapore, and has branch offices in Seoul, South Korea and Tokyo, Japan. You can follow Uppsala Security on Telegram, LinkedIn, Twitter, Facebook and Medium.



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