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SlowMist's Cos says Binance theft was an APT attack, not just an engineer's error

NewsFeeds update

SlowMist founder Cos said on X that the Binance theft was an advanced persistent threat attack involving social engineering, intelligence gathering, malware evasion, cloud intrusion and 0day exploits, so it should not be blamed only on the engineer involved.

RegulationChainCatcherAIBearish

Read the original on ChainCatcher

The story so far: Binance wallet hijacking via fake interviews

Binance said hackers used fake recruitment interviews to breach staff, compromise computers and internal AI tools, and steal crypto. SlowMist's Cos says the theft was an APT attack involving social engineering, malware evasion, cloud intrusion and 0day exploits. CZ now says a hack on this scale points to a serious…

  1. Binance says hackers used fake job interviews to breach staff and steal crypto

    Binance said hackers used fake recruitment interviews to attack employees and steal cryptocurrency, gaining control of wallets through compromised computers and internal AI tools.

    AltcoinsOdailyAIBearish

  2. Binance to boost AI security detection after wallet hijacking

    Binance plans to increase investment in AI security detection after a wallet hijacking linked to a misused internal AI tool.

    AIBloomingbitAIBearish

  3. Yang Haipo says Binance breach exposed three avoidable failures

    Yang Haipo, founder and CEO of mining pool ViaBTC and exchange CoinEx, said on X that the Binance security incident exposed three avoidable failures, including a lack of full separation between development and production environments and weak two-factor verification in operations.

    AltcoinsChainCatcherAIBearish

  4. SlowMist's Cos says Binance theft was an APT attack, not just an engineer's error

    SlowMist founder Cos said on X that the Binance theft was an advanced persistent threat attack involving social engineering, intelligence gathering, malware evasion, cloud intrusion and 0day exploits, so it should not be blamed only on the engineer involved.

    RegulationChainCatcherAIBearish

  5. CZ says large-scale hack points to serious security flaw and urges transparency

    CZ said on X that a hack on this scale means a serious security breach occurred, describing an attack that appears to have run for months or years against hundreds of employees and multiple systems. He said platforms should not excuse themselves on the grounds that no system is absolutely secure, and as a shareholder urged Binance to disclose the problems transparently, take responsibility and make substantive security improvements.

    AltcoinsOdailyAIBearish

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Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.