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Payments & Fintech

Binance says hackers used fake job interviews to infiltrate its wallet infrastructure

Binance says hackers used fake job interviews to infiltrate its wallet infrastructure

Binance said hackers used fake job interviews, malicious software and compromised internal AI tools to infiltrate its wallet infrastructure, leading to an Oct. 29 cyberattack that resulted in more than $6 billion in assets being stolen. The attackers "spent months building their way in," co-CEO Richard Teng told CNBC.

NoteBinance's security report says the attack began in June, when an engineer downloaded a tampered Homebrew installation to get a popular AI coding tool.

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