Binance, largest crypto exchange suffered a massive cyber which temporarily halted the operation of its Binance Smart Chain.
The hackers stole $570 million from a blockchain linked with Binance.
However, Binance resumed its operations of the BSC chain after releasing a software update that froze the hackers’ accounts.
Source: https://www.investopedia.com/binance-got-hacked-6748215
TPRM report: https://scoringcyber.rankiteo.com/company/binance
"id": "bin1791022",
"linkid": "binance",
"type": "Ransomware",
"date": "10/2022",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization's existence"{'affected_entities': [{'industry': 'Cryptocurrency',
'name': 'Binance',
'size': 'Large',
'type': 'Crypto Exchange'}],
'description': 'Binance, the largest crypto exchange, suffered a massive '
'cyber attack which temporarily halted the operation of its '
'Binance Smart Chain. The hackers stole $570 million from a '
'blockchain linked with Binance. However, Binance resumed its '
'operations of the BSC chain after releasing a software update '
'that froze the hackers’ accounts.',
'impact': {'downtime': 'Temporary halt of BSC operations',
'financial_loss': '$570 million',
'operational_impact': 'Temporary halt of operations',
'systems_affected': ['Binance Smart Chain']},
'motivation': 'Financial Gain',
'response': {'containment_measures': ["Software update to freeze hackers' "
'accounts'],
'recovery_measures': ['Resumed operations of the BSC chain']},
'threat_actor': 'Hackers',
'title': 'Binance Smart Chain Hack',
'type': 'Cyber Attack'}