Japan’s NRI Secure Technologies Launches Security Monitor for Blockchain Smart Contracts

Japan’s NRI’s Secure Technologies has unveiled a “Blockchain Security Monitoring Service for smart contracts on the Ethereum blockchain.

  • It will detect and report security vulnerabilities in blockchain systems
  • The new tool dubbed “Mythril” is a smart contract security diagnosis and analysis tool
  • NRI will continue partnering with ConsenSys and other Fintech companies

Japan’s NRI’s Secure Technologies has unveiled a “Blockchain Security Monitoring Service for smart contracts on the Ethereum blockchain. The solution will detect and report security vulnerabilities in information systems and services that use the blockchain technology.

Smart Contract Security Tool “Mythril”

According to the announcement, the “Blockchain Security Monitoring Service” was launched on November 8, 2018, and will be executed by introducing a host of “scan tools in the ‘NeoSOC’ security log monitoring service,” that NRI operates.

NeoSOC is NRI’s 24/7 cloud-based managed security solution that uses our SOC-as-a-Service delivery model to provide a solution that monitors the behavior of targeted smart contracts and notifies the company using this service when new vulnerabilities are identified. NeoSOC uses advanced cross-device and cross-customer correlation analysis enriched by multiple streams of threat intelligence. The system uses Security Incident and Event Management (SIEM) to dramatically reduce the number of false positives that will require investigation.

The new service features a new tool dubbed “Mythril” that is described as a “smart contract security diagnosis and analysis tool” that is produced by U.S.-Based blockchain security firm ConsenSys Diligence Inc. Mythril has been designed to automatically diagnose the behavior of a smart contract to unearth any concealed susceptibilities. This makes NRI the first Japanese partner for U.S.-based ConsenSys.

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