Cyberattacks are becoming faster and more sophisticated, especially with the growing use of AI.
In his recent Fox interview, @Richard Teng explained how Binance responded to a highly sophisticated attack. User protection remained the priority.
The identified entry points were closed, affected systems were rebuilt or replaced, devices were locked down, wallet risk controls were strengthened, and AI anomaly detection was expanded.
Binance also detected and prevented 57 other suspected North Korea linked cyberthreats this year. Working with law enforcement, issuers, and blockchain intelligence firms, around $2.85 billion has been frozen or intercepted.
What stands out to me is how quickly the threat is changing. Attacks have gone from happening monthly to weekly, and sometimes several platforms are targeted in one day.
The lesson is clear. If attacks operate at AI speed, security must also be AI driven. That means investing in skilled engineers, stronger AI tools, and close cooperation across the industry.
In his recent Fox interview, @Richard Teng explained how Binance responded to a highly sophisticated attack. User protection remained the priority.
The identified entry points were closed, affected systems were rebuilt or replaced, devices were locked down, wallet risk controls were strengthened, and AI anomaly detection was expanded.
Binance also detected and prevented 57 other suspected North Korea linked cyberthreats this year. Working with law enforcement, issuers, and blockchain intelligence firms, around $2.85 billion has been frozen or intercepted.
What stands out to me is how quickly the threat is changing. Attacks have gone from happening monthly to weekly, and sometimes several platforms are targeted in one day.
The lesson is clear. If attacks operate at AI speed, security must also be AI driven. That means investing in skilled engineers, stronger AI tools, and close cooperation across the industry.