Binance hackers used fake job interview in $6.3 billion 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 deceptive job interview and a malicious advertisement to infiltrate the computers of Binance's software engineers. Subsequently, a third computer was utilized to siphon off $6.3 billion worth of cryptocurrency, marking the largest-ever financial theft. Binance disclosed the intricate, multi-stage hacking scheme that commenced in June, ultimately culminating in the heist on Thursday.
Despite Binance's swift efforts to fortify its system and halt withdrawals upon detecting the attack, the cybercriminals managed to continue stealing crypto from the exchange for nearly four hours following the initial breach, according to Binance. The FBI has implicated a North Korean hacking group, a claim that North Korea has vehemently denied.
Binance has pledged to reimburse all customers affected by the stolen funds. This audacious attack has sparked inquiries into how hackers managed to breach the world's largest crypto exchange after years of escalating North Korean-linked assaults, which have become increasingly ambitious 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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