Binance hackers used fake job interview in $6.3 bil. attack
PARIS/DETROIT — Hackers used a bogus job interview and software hidden in an advertisement to compromise the computers of two Binance software engineers before using a third's computer to drain $6.3 billion worth of crypto in last week's record heist, the exchange said on Tuesday. In its initial report on how hackers pulled off what could be the largest-ever financial theft, Binance detailed a…
Hackers employed a fraudulent job interview and malware concealed within an advertisement to infiltrate the computers of two Binance software engineers, according to the exchange's Tuesday statement. This sophisticated multi-stage cyberattack, which could be the largest financial theft in history, commenced in June and culminated in a $6.3 billion heist on Thursday.
Binance's initial report outlined a series of security breaches that followed the initial breach, resulting in ongoing crypto thefts nearly four hours after the initial theft.
Despite Binance's efforts to secure its system and halt withdrawals following the discovery of the attack on Thursday, the hackers continued to siphon crypto from the exchange. The FBI has implicated a North Korean hacking group, a claim the country has denied. Binance has assured customers that it is reimbursing all funds that were stolen.
This unprecedented attack has sparked debate over the vulnerability of the world's largest cryptocurrency exchange, despite years of previous North Korean-linked assaults that have become increasingly audacious and frequent.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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- Binance hackers used fake job interviews in record heist japantimes.co.jp
- Binance hackers used fake job interview in $6.3 bil. attack koreatimes.co.kr
- Chainalysis and Elliptic expect North Korean hackers to take months to launder the Binance proceeds, utilizing scripted automation and DeFi lending protocols (Financial Times) ft.com
- Binance hackers used fake job interview to compromise computer before $6.3 billion attack channelnewsasia.com