Illicit Virtual Asset Notification Public-Private Partnership

In October 2021, the White House announced that “the Administration is building an Illicit Virtual Asset Notification (IVAN) information sharing partnership and supporting platform to improve timelines of detection and disruption of ransomware and other illicit virtual currency payment flows.”

Following this announcement, MITRE, as IVAN’s trusted third party, collaborated with the Federal Bureau of Investigation, United States Secret Service, Drug Enforcement Administration, Internal Revenue Service Criminal Investigation, Army Criminal Investigation Division, United States Postal Inspection Service, United States Postal Service Office of Inspector General, Defense Criminal Investigative Service, National Crime Agency, and numerous members in private industry. This public-private partnership (PPP) created a platform through which partners can share information associated with the utilization of virtual assets in support of illicit activity, along with identification and mitigation of said threats. MITRE and the public and private partners of IVAN will continue to enhance both the technical capabilities of the sharing platform as well as the global footprint of the PPP to rout out nefarious actors hoping to hide behind virtual assets and the underlying blockchain technology.

For more information about the IVAN PPP and potential opportunities to be a participant, contact ivan-inquiries@mitre.org.