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Binance hackers used fake job interview to compromise computer before $6.3 billion attack
- Binance reported hackers stole $6.3 billion in what could be the largest-ever financial heist. Attackers compromised internal systems to seize control of the crypto exchange's digital wallets on October 29.
- The sophisticated operation began in June when a wallet developer downloaded a tampered AI-enabled tool. Attackers later targeted a second engineer using a "malicious code repository" disguised as a legitimate job opportunity.
- On October 20, attackers used compromised devices to gain control of wallet developer systems; the theft followed nine days later. The FBI has blamed a North Korean hacking group for the attack, a claim North Korea has rejected.
- Binance committed to repaying all affected customers. Co-Chief Executive Officer Richard Teng apologized, stating, "This should not have happened, and we apologize for the concern, disruption and uncertainty it caused our users, partners and the wider industry."
- The exchange is now increasing investment in AI-enabled detection to prevent future breaches. Binance is also establishing a security research fund and launching targeted initiatives with leading technological companies.
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NEW YORK (ANP) - Hackers gained control of a computer via a fake job interview to ultimately steal billions of dollars in cryptocurrencies, reports Binance. The hackers then used an internal AI tool to access crypto wallets. It's about the largest crypt...
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The Independent (US)
The Independent (US)Binance says hackers used fake job interview in record crypto heist
In a initial report into what went wrong, the world's largest crypto exchange detailed a sophisticated hacking endeavor that began with an advert for a tampered version of a coding tool in June
·London, United Kingdom
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·Helsinki, Finland
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Total News Sources24
Leaning Left2Leaning Right1Center8Last UpdatedBias Distribution73% Center
Bias Distribution
- 73% of the sources are Center
73% Center
L 18%
C 73%
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