Binance hack attributed to North Korean group steals $6.34 billion
Original title: Binance Says Hackers Used Well-Known Tricks to Carry Out a $6.34 Billion Heist
Hackers compromised engineers through fake job interviews to access wallet signing service and move funds across blockchains.
Binance detailed how hackers stole $6.34 billion from its wallets in 20 minutes after an engineer downloaded malicious software from a fake job interview. The attackers gained control of wallet signing service and made transactions. Some funds were frozen by cryptocurrency industry.
Unconfirmed: Binance did not directly blame TraderTraitor
- Attack traced to TraderTraitor group previously linked to $1.5 billion heist
- FBI attributed the hack to North Korea
- Binance set aside funds to cover losses and rebuilt systems
Impact: unauthorized transactions from compromised wallet signing service
- Vendors
- Binance
- Threat actors
- Democratic People's Republic of KoreaTraderTraitor
- Victims
- Binance
- Countries
- United StatesNorth Korea
From the original article
5 min read at wired.com
Suspected North Korean attackers duped an engineer with a fake job interview and a malicious download to gain a foothold in the crypto firm’s system and steal billions, according to Binance.
By Matt Burgess · wired.com
A short excerpt; the article and its images belong to the publisher. Summary, key facts and assessment above are AI-written from the article and can be wrong.