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.
30 Articles
30 Articles
Fake interview cost Binance $6.3 billion Hackers created a shell company, called an exchange engineer twice, and sent a test task containing a virus
Through the infected computer, they infiltrated other employees and the crypto transaction signing system. The attack was planned for several months, and the first traces were discovered in June. Binance absorbed the losses, secured reserves for...
Binance details fake interview route into $6.34B hack
Binance said on Nov. 3 that hackers used fake job interviews, malicious software, and a compromised internal AI tool to access its wallet systems and steal $6.34 billion on Oct. 29. According to Binance’s initial incident report, the attack developed…
dagelijksestandaard.nl
welingelichtekringen.nlNEW 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...
The Independent
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
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