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Binance hack prompts industry-wide security overhaul as exchanges tighten defenses

Social engineering likely entry point; employee training planned

2 Oct 30 10:00 AM · 12d ago · 4 articles · 2 sources · development 2 of 2

Security experts said social engineering—tricking victims into revealing sensitive information or granting system access—may have been involved in compromising the engineer's laptop. Harry Donnelly, CEO of Circuit, said companies are planning enhanced employee training to guard against such attacks.

Social engineering likely entry point; employee training planned
Straits Times

“the 'complex attack' may have begun with a compromised software engineer's laptop, giving hackers access to systems used to process withdrawals”

Richard Teng, Binance co-CEO · rss ↗

Richard Teng Binance co-CEOChris Perkins Head of crypto, Franklin TempletonJosh Riezman Chief legal and strategy officer, GSRHarry Donnelly CEO, Circuit (crypto risk infrastructure)Coinbase Rival crypto exchange

The whole story articles the bright band is this development · numbered dots are the others · click one to jump

Peak 3 pieces in 3h at Oct 30, 6 PM; 10 pieces over 13 days (9 articles · 1 post) Oct 30, 9 AM — 1 piece · 1 article — Google News 1Oct 30, 12 PM — quietOct 30, 3 PM — quietOct 30, 6 PM — 3 pieces · 3 articles — Newswires 2, Google News 1Oct 30, 9 PM — 3 pieces · 3 articles — Newswires 2, Google News 1Oct 31, 12 AM — quietOct 31, 3 AM — 1 piece · 1 post — Mastodon 1Oct 31, 6 AM — 2 pieces · 2 articles — Google News 1, Newswires 1Oct 31, 9 AM — quietOct 31, 12 PM — quietOct 31, 3 PM — quietOct 31, 6 PM — quietOct 31, 9 PM — quietNov 1, 12 AM — quietNov 1, 2 AM — quietNov 1, 5 AM — quietNov 1, 8 AM — quietNov 1, 11 AM — quietNov 1, 2 PM — quietNov 1, 5 PM — quietNov 1, 8 PM — quietNov 1, 11 PM — quietNov 2, 2 AM — quietNov 2, 5 AM — quietNov 2, 8 AM — quietNov 2, 11 AM — quietNov 2, 2 PM — quietNov 2, 5 PM — quietNov 2, 8 PM — quietNov 2, 11 PM — quietNov 3, 2 AM — quietNov 3, 5 AM — quietNov 3, 8 AM — quietNov 3, 11 AM — quietNov 3, 2 PM — quietNov 3, 5 PM — quietNov 3, 8 PM — quietNov 3, 11 PM — quietNov 4, 2 AM — quietNov 4, 5 AM — quietNov 4, 8 AM — quietNov 4, 11 AM — quietNov 4, 2 PM — quietNov 4, 5 PM — quietNov 4, 8 PM — quietNov 4, 11 PM — quietNov 5, 2 AM — quietNov 5, 5 AM — quietNov 5, 8 AM — quietNov 5, 11 AM — quietNov 5, 2 PM — quietNov 5, 5 PM — quietNov 5, 8 PM — quietNov 5, 11 PM — quietNov 6, 2 AM — quietNov 6, 5 AM — quietNov 6, 8 AM — quietNov 6, 11 AM — quietNov 6, 2 PM — quietNov 6, 5 PM — quietNov 6, 8 PM — quietNov 6, 11 PM — quietNov 7, 2 AM — quietNov 7, 5 AM — quietNov 7, 8 AM — quietNov 7, 11 AM — quietNov 7, 2 PM — quietNov 7, 5 PM — quietNov 7, 8 PM — quietNov 7, 11 PM — quietNov 8, 2 AM — quietNov 8, 5 AM — quietNov 8, 8 AM — quietNov 8, 11 AM — quietNov 8, 2 PM — quietNov 8, 5 PM — quietNov 8, 8 PM — quietNov 8, 11 PM — quietNov 9, 2 AM — quietNov 9, 5 AM — quietNov 9, 8 AM — quietNov 9, 11 AM — quietNov 9, 2 PM — quietNov 9, 5 PM — quietNov 9, 8 PM — quietNov 9, 11 PM — quietYesterday, 2 AM — quietYesterday, 5 AM — quietYesterday, 8 AM — quietYesterday, 11 AM — quietYesterday, 2 PM — quietYesterday, 5 PM — quietYesterday, 8 PM — quietYesterday, 11 PM — quietToday, 2 AM — quietToday, 5 AM — quietToday, 8 AM — quietToday, 11 AM — quietToday, 2 PM — quietToday, 5 PM — quietToday, 8 PM — quiet ◂ 1 earlier2
2Social engineering likely entry point…
Oct 31Nov 1Nov 2Nov 3Nov 4Nov 5Nov 6Nov 7Nov 8Nov 9yesterdaynow · 10:16 PM ET

What was reported 1 claim about this development

  1. 9 outlets Crypto exchanges call for quick moves to bolster defenses after Binance heist

    first by Japan Times, 12d ago · also Yahoo Finance, Financial Times, Dawn, Straits Times, Investing.com News, Channel News Asia +2

    2 more headlines

What people said 1 voice · verbatim

All 2 developments of Binance hack prompts industry-wide security overhaul as… →

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