Binance And Kraken would have been targeted in a social engineering cyber attack.
Like Bloomberg News reported Friday, May 16, hacking attempts were similar to that revealed last week by another cryptocurrency exchange Jamming.
Sources told Bloomberg that Binance and Kraken were able to postpone attacks without customer data compromise. Pymnts contacted the two companies for comments but has not yet received an answer.
The report noted that cryptographic companies have recently seen an increase in Attacks and the value of digital assets such as Bitcoin have climbed. Earlier this year, the Go through Exchange has undergone a history $ 1.5 billion cyber attacks.
It was the largest flight of this type, causing a 303% overvoltage In theft of cryptocurrency during the first quarter of the year.
Then on Thursday May 15, Coinbase revealed that he was face a data violation who had turned into an extortion attempt. The violation occurred when cybercriminals convinced “a small group” of the company’s initiates to copy the data of its customer support tools for less than 1% of monthly Coinbase transaction users, the company said on its blog.
“”Their goal was To bring together a list of customers, they could contact while pretending to be Coinbase – encourage people to put their crypto, “said Coinbase.” They then tried to extort Coinbase for $ 20 million to cover this. We said no. “”
Coinbase dismissed the “on -site” compromise employees and referred to the authorities responsible for the application of laws, with plans to file a complaint.
The company said it would reimburse customers who were deceived to send funds to criminals. Friday, in a deposit of the Securities and Exchange Commission (SEC), Coinbase planned that the incident could cost he until $ 400 million.
Bloomberg’s sources said Binance and Kraken were targeted in a similar way to Coinbase, although their internal policies and technologies prevented attacks. Binance had seen crooks in contact with his customer service agents with corruption offers, offering a telegram handle to contact the culprit.
Social engineering fraud jumped 56% in the past year, by to the report of the Pymnts Intelligence, “The state of fraud and financial crimes in the United States 2024: what FIS must know.”
The report revealed that fraudsters uses Advanced Social Engineering Scams to directly target consumers, by taking advantage of fear, emergency and even false customer service lines to encourage victims to give sensitive information.
