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Binance's $6.3 Billion Heist Sparks Industry-Wide Cybersecurity Concerns

Binance's $6.3 Billion Heist Sparks Industry-Wide Cybersecurity Concerns

Binance $6.3 billion heist to prompt closer scrutiny by insurers
Binance $6.3 billion heist to prompt closer scrutiny by insurers

Following the $6.3 billion Binance heist, insurers are stepping up their scrutiny of cryptocurrency firms' security measures. During policy renewals, they will inquire about vulnerabilities...

Binance hack is ‘cyber war,’ TRM Labs executive says
Binance hack is ‘cyber war,’ TRM Labs executive says

TRM Labs executive Ari Redbord called for governments to take offensive action against North Korean hackers following the record $6.3 billion Binance theft.

One Laptop Cost Binance $6.3 Billion, and That Wasn't Even the Scariest Hack This Week
One Laptop Cost Binance $6.3 Billion, and That Wasn't Even the Scariest Hack This Week

This week's security news is full of eye-wateringly big numbers: a $6.3 billion Binance heist, 1.3 million Android TV boxes with hidden backdoors, and supermarket freezers hacked to 122°F.

Binance $6.3 billion heist to prompt closer scrutiny by insurers
Binance $6.3 billion heist to prompt closer scrutiny by insurers

The attack underscores the limits of the insurance coverage available for the fast-growing over $2.5 trillion industry.

Coverage dates

First reported:

First saved on ClustZ:

Coverage updated:

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