In a recent development, COINOTAG reported on May 17th that prominent cryptocurrency exchanges, notably Binance and Kraken, experienced a sophisticated social engineering attack akin to the recent breach faced by Coinbase Global Inc.. Despite these attempted infiltrations, insiders revealed that both platforms effectively thwarted the attacks, safeguarding sensitive customer data. While Kraken has opted for silence regarding the cybersecurity incident, Binance remains unresponsive to inquiries.
Sources familiar with the situation noted that the methodologies employed in the attacks on both Binance and Kraken mirrored those targeting Coinbase. However, robust internal protocols and advanced technologies played a crucial role in their defense mechanisms. Notably, a whistleblower disclosed that Binance identified attempts by scammers to bribe customer service personnel, revealing a dedicated Telegram channel for further communication. In a proactive stance, Binance deployed AI-driven bots to detect and prevent potential bribery across multiple languages, effectively terminating these illicit conversations.