
It is claimed that artificial intelligence played a role in the Binance attack, which was reportedly carried out by the TraderTraitor group linked to North Korea.
It was claimed that artificial intelligence and social engineering tactics were used in the latest Binance attack, reportedly carried out by the North Korean TraderTraitor group.
AI-generated summary
It is known that the TraderTraitor hacker group organizes attacks against crypto companies.
As the days pass, new claims are being made about the latest Binance attack, which is said to be behind the North Korean hacker group TraderTraitor. Experts interviewed by Bloomberg from the US media stated that there is a high probability that artificial intelligence technology was used behind this attack.
“He made it both easy and fast”
Park Sung-soo, manager of cloud-based cyber security company Zscaler, emphasized that artificial intelligence makes many attacks much easier and said:
"Recent developments in artificial intelligence tools have made it much easier to learn the skills and techniques required for such attacks. The moves during the attack have also accelerated. We know that TraderTraitor examines the internal systems of cryptocurrency companies. They carry out many attacks through the companies' infrastructure and fund transfer processes."
“They make fake job offers”
TRM Labs chief researcher Nick Carlsen touched upon a completely different topic and highlighted the social engineering tactics that have become very common lately, such as artificial intelligence:
"The tactics used by the TraderTraitor group recently indicate that the group makes significant use of artificial intelligence. Such groups also use social engineering tactics well. For example, they make fake job offers to employees who have access to company systems. They gain trust in the interviews, send them decoy links, and infiltrate systems and computers. In fact, social engineering is the group's main attack method... When you look at it, we can say that their main area of expertise is human factors."
AI outlook — possibilities, not facts
Crypto companies will increase their measures against artificial intelligence-supported social engineering threats
Likely · Within months

After the $6.3 billion hack attack on the Binance exchange last week, Changpeng Zhao stated in his YouTube interview with Coindesk that artificial intelligence should be integrated into cyber defense systems, more attacks will come and the traditional financial world is also under threat.

Half of the approximately 15,000 BTC in the SAFU fund, established in 2018, was used in four transactions on October 31 to compensate for reserves lost in last week's hack.

On-chain analyst ZachXBT announced that a major Western European financial institution was hacked, bringing the total loss to $133 million. Stating that the incident was hidden, the analyst stated that the funds could be frozen if a statement was made.

Blockchain analysis company Elliptic announced that the Binance hacker started laundering 28 BTC using the CoinJoin mixer method. The hacker converted the stolen TRX and ETH into BTC and sent them to the mixing process.

Following the Binance hack attack on Thursday evening, some people asked for help and used a money laundering tactic by sending small amounts of BTC to the hacker's Bitcoin wallets.

Following the cyber attack on Binance, Binance TR announced that it temporarily stopped cryptocurrency withdrawals as a precaution, stating that user assets are safe.