Cryptocurrency exchange Binance is addressing security concerns after hackers stole cryptocurrency by exploiting the "red packet" feature.
Incident Details
According to Binance's preliminary investigation, the incident likely resulted from the affected user's device being compromised by malware or plugins. The hacker managed to steal the user's email, Google Authenticator, Binance account credentials, and other sensitive information. With these details, the attacker bypassed security measures and accessed the funds through the "red packet" feature.
Binance Security Measures
Binance noted that sending "red packets" requires multiple security verifications, such as payment PINs, biometric authentication, or email confirmations. However, these security measures were circumvented because the hacker already had access to the user's personal information.
User Recommendations
Binance has advised the affected user to report the incident to law enforcement. The exchange's security team has pledged to cooperate by providing all available information to assist in the investigation. Additionally, Binance urges users to remain vigilant, increase their cybersecurity awareness, and ensure their devices are free of malware to prevent similar attacks.
This incident underscores the importance of adhering to security measures and regularly monitoring device integrity to avoid potential threats.
