Binance warns of strict security measures

Binance's platform reveals that it conducts monthly fake phishing attacks on its employees to test their security awareness. This is done using an internal specialized team known as the "Red Team," which simulates social engineering attacks. The goal of these tests is to improve employees' ability to detect fraudulent attempts and to evaluate their performance. Employees who fail any of these tests are required to participate in mandatory training programs. These measures are part of a long-term strategy spanning three to four years and have led to a noticeable improvement in security awareness. As the financial sector approaches a rise in social engineering attacks, the cryptocurrency industry has experienced numerous breaches and significant losses resulting from these fraudulent methods.

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