Binance says hackers who stole billions in crypto spent months planning heist
Summary
Binance said hackers spent months preparing a cryptocurrency theft by using fake job interviews, malicious software and compromised internal tools. The attackers initially targeted $6.34 billion in crypto, and Binance said it had frozen or intercepted $2.85 billion; the FBI and TRM Security attributed the operation to North Korean actors.Key Facts
- Binance said the attackers’ campaign began no later than June and continued until late October.
- The attackers compromised an engineer’s laptop and used access to several wallets to initiate transfers.
- In September, an attacker posing as a recruiter persuaded an engineer to download a malicious coding assignment.
- Binance said the malware evaded endpoint security tools and concealed traces of its activity.
- On October 20, attackers used a compromised computer and an internal AI tool to take control of two other engineers’ devices.
- The attackers used a stolen credential and a container deployment to activate a transfer script.
- Binance said it froze or intercepted $2.85 billion of the $6.34 billion initially targeted.
- Binance said it had set aside funds to cover the loss.
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