Binance

One of the world’s largest cryptocurrency exchanges, Binance, has been breached, with criminal hackers stealing 7,000 bitcoins.

The organisation confirmed that it had suffered a “large scale security breach” in a multi-layered attack.

It was unfortunate that the company was not able to block this withdrawal before it was executed.

The hackers used the information to make a single transaction, transferring the bitcoins from a hot wallet into an account they owned.

Source: https://www.itgovernance.co.uk/blog/binance-breached-hackers-steal-38-million-in-bitcoin

TPRM report: https://scoringcyber.rankiteo.com/company/binance

"id": "bin142717323",
"linkid": "binance",
"type": "Breach",
"date": "03/2019",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"

{'affected_entities': [{'industry': 'Financial Services',
                        'name': 'Binance',
                        'size': 'Large',
                        'type': 'Cryptocurrency Exchange'}],
 'attack_vector': 'Multi-layered attack',
 'description': 'Criminal hackers stole 7,000 bitcoins from Binance, one of '
                'the world’s largest cryptocurrency exchanges, in a large '
                'scale security breach.',
 'impact': {'financial_loss': '7,000 bitcoins',
            'systems_affected': 'Hot wallet'},
 'motivation': 'Financial gain',
 'threat_actor': 'Criminal hackers',
 'title': 'Binance Cryptocurrency Exchange Breach',
 'type': 'Cryptocurrency Theft'}