Photo credit: Tech in Asia

Eleos Labs, a Singapore-based Web3 cybersecurity firm, is partnering with Grab to integrate the former’s anti-theft and fraud detection system FailSafe into the Polygon network.

GrabDefence, Grab’s anti-fraud solution, will assist Eleos Labs in deploying services that protect users from the theft of private keys, hacking of smart contracts, and misuse of ERC-20 approvals.