
Binance hackers had 8 weeks of access before $6.3B exploit, Security Alliance estimates
Summary
Security experts estimate that the perpetrators of a massive cryptocurrency exploit had access to Binance systems for nearly two months prior to the theft. Investigators noted that this multi-stage intrusion method closely resembles attack patterns observed in other major digital asset heists.
The cybersecurity company flagged similar multi-stage intrusion patterns behind other high-profile crypto heists, including the $388 million Bitget hack.
Source: Read the full story at Cointelegraph.com News
Disclaimer: This content is for informational and educational purposes only and is not financial, investment or trading advice. Tech & Money Press is not a registered investment adviser or broker-dealer. Trading stocks, options and crypto involves substantial risk, including the loss of your entire investment. Do your own research and consult a licensed professional before making any financial decision. The authors may hold positions in the securities mentioned. News summaries are written with AI assistance from the original publisher's report and may contain errors; always check the original source. Full disclaimer.