Binance says hackers used fake job interview, AI tool in US$6.3bil crypto heist
The crypto exchange detailed a hacking endeavour that began with a tampered coding tool advert in June and set in motion breaches that culminated in the theft of crypto on Oct 29.
On Tuesday, Binance revealed that hackers utilized a fake job interview and an internal artificial intelligence (AI) tool to infiltrate the company's systems and steal US$6.3 billion worth of cryptocurrency. The largest-ever financial heist began with a fraudulent advertisement for a tampered coding tool in June, which led to the compromise of a computer.
Subsequently, a second software engineer who went through a job interview for a non-existent company, was also affected. On October 29, the attacker triggered the malicious script to drain the funds. Binance has assured customers that it is repaying all funds lost due to the hack and is increasing its investment in AI-enabled detection systems. The FBI has blamed a North Korean hacking group, a claim that North Korea has denied.
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