Source: CryptoSlate ↗

Binance relied on AI to fight fraud before hackers exploited internal tool in $6 billion theft

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What the source reports

Hackers exploited Binance's internal artificial intelligence tools to compromise engineers before stealing $6.34 billion in cryptocurrency, the exchange disclosed. In its Nov. 3 security report, Binance said attackers used a compromised employee computer and an internal AI tool on Oct. 20 to take control of two engineers responsible for its wallet infrastructure. The attackers subsequently… Read t...

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