CONNECT WITH US
Tech

Tech

Binance attackers used fake job interviews to pull off $6.3 billion crypto heist

Engadget logo

Published on

Add as a preferred source on Google
Binance attackers used fake job interviews to pull off $6.3 billion crypto heist

Binance has revealed more details about the cyber attack that resulted in a $6.34 billion loss in digital assets. The cryptocurrency exchange's statement linked to the FBI's findings that North Korea was responsible for the attack and the theft that took place on October 29. It also explained that it wasn't just a one-day operation for the attackers. In June, a Wallet DevOps engineer working on Binance's wallet infrastructure downloaded a tampered homebrew installation for a popular AI coding tool that he found through a search engine. Binance was able to detect the anomaly at the time and was able to take action, but the event exposed information on the engineers' colleagues to the attackers.

Then in September, a software engineer who worked for Binance got a message from a "Project Director" through a legitimate job-hunting platform. He went through two rounds of job interviews, the first of which was on live video with a supposed HR Representative who shared a personal social media account with him to build trust. His second interview was with the purported CEO of the fictitious company conducted through a chat app. The fake CEO sent him an assignment, which he downloaded. Turned out the file had malware in it that was executed during the setup process.

According to Binance, the malware "employed sophisticated obfuscation and evasion techniques" to escape detection. For instance, it replaced an authentic development tool component with a malicious version to execute commands. The malware also concealed its activities and removed traces of the compromise as it went along.


Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.