Binance says hackers used fake job interview to compromise computer before $6.3 billion attack
Binance said hackers used fake interviews, malware and an internal AI tool to reach wallet systems, while $2.85 billion was frozen, the exchange said.
- On Tuesday, Binance released an investigation into the $6.3 billion hack, revealing North Korean state-sponsored hackers used fake job interviews and malicious code to steal customer funds last week.
- Hackers posed as recruiters to contact a Binance engineer in September, using a fake job recruitment process to build trust before instructing the employee to download an "assignment" containing malicious code.
- That foothold allowed attackers to access internal tools and compromise three engineers, enabling the theft of $6.3 billion in 20 minutes; the US Federal Bureau of Investigation attributed the breach to North Korea's TraderTraitor unit.
- In response to the theft, Binance replenished 98 per cent of affected assets using its own funds and froze $2.85 billion of the stolen crypto, while apologizing for the "concern, disruption and uncertainty" caused.
- North Korea's cyber operations fund weapons programs, with experts estimating stolen money finances "40% of the weapons of mass destruction programmes"; Binance reported facing at least 57 suspected attacks from the group.
171 Articles
171 Articles
First analysis results of the billion-dollar robbery at Binance show that the hacker attack started already in June. An AI tool also played a role in this.
North Korean Hackers Offer Fake Interview to Binance Employee… Plant Malware to Steal Virtual Assets
It has been revealed that North Korean hackers offered fake job interviews to employees of the cryptocurrency exchange Binance and planted malware on their work computers. Binance stated that the hackers had been preparing attacks targeting multiple employees for approximately five months, starting last June. According to an initial investigation report released by Binance on the 3rd (local time), the attacks began last June. The hackers targete…
Binance says hackers used fake job interviews and an internal AI tool to pull off the $6.3 billion heist
The largest crypto theft to date was pulled off by combining some well-known hacking techniques over the course of a few months, according to Binance. A postmortem from the company says the process that started with one developer downloading a tampered installer in June apparently spread by a malicious Google ad, exposing details about the […]
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