Anti-Fraud & Financial Crime
Regulatory Intelligence Incorporating 'Fraud Squad'

Crypto, Financial Crime, Tech

NEWS: Binance hackers used fake job interview in $6.3 billion attack

By Elizabeth Howcroft and A.J. Vicens

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 has said.

In its initial report on how hackers pulled off what could be the largest-ever financial theft, Binance detailed a multi-stage hacking endeavour that began in June and set off a series of security breaches culminating in the theft on Thursday.

AML Intelligence
Subscribe now to have unlimited access

With our membership subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!