• Home
  • Cyber Crime
  • Cyber warfare
  • APT
  • Data Breach
  • Deep Web
  • Digital ID
  • Hacking
  • Hacktivism
  • Intelligence
  • Internet of Things
  • Laws and regulations
  • Malware
  • Mobile
  • Reports
  • Security
  • Social Networks
  • Terrorism
  • ICS-SCADA
  • POLICIES
  • Contact me
MUST READ

Law enforcement operations seized BlackSuit ransomware gang’s darknet sites

 | 

Arizona woman sentenced for aiding North Korea in U.S. IT job fraud scheme

 | 

Operation CargoTalon targets Russia’s aerospace with EAGLET malware,

 | 

Unpatched flaw in EoL LG LNV5110R cameras lets hackers gain Admin access

 | 

Koske, a new AI-Generated Linux malware appears in the threat landscape

 | 

Mitel patches critical MiVoice MX-ONE Auth bypass flaw

 | 

Coyote malware is first-ever malware abusing Windows UI Automation

 | 

SonicWall fixed critical flaw in SMA 100 devices exploited in Overstep malware attacks

 | 

DSPM & AI Are Booming: $17.87B and $4.8T Markets by 2033

 | 

Stealth backdoor found in WordPress mu-Plugins folder

 | 

U.S. CISA adds CrushFTP, Google Chromium, and SysAid flaws to its Known Exploited Vulnerabilities catalog

 | 

U.S. CISA urges FCEB agencies to fix two Microsoft SharePoint flaws immediately and added them to its Known Exploited Vulnerabilities catalog

 | 

Sophos fixed two critical Sophos Firewall vulnerabilities

 | 

French Authorities confirm XSS.is admin arrested in Ukraine

 | 

Microsoft linked attacks on SharePoint flaws to China-nexus actors

 | 

Cisco confirms active exploitation of ISE and ISE-PIC flaws

 | 

SharePoint under fire: new ToolShell attacks target enterprises

 | 

CrushFTP zero-day actively exploited at least since July 18

 | 

Hardcoded credentials found in HPE Aruba Instant On Wi-Fi devices

 | 

MuddyWater deploys new DCHSpy variants amid Iran-Israel conflict

 | 
  • Home
  • Cyber Crime
  • Cyber warfare
  • APT
  • Data Breach
  • Deep Web
  • Digital ID
  • Hacking
  • Hacktivism
  • Intelligence
  • Internet of Things
  • Laws and regulations
  • Malware
  • Mobile
  • Reports
  • Security
  • Social Networks
  • Terrorism
  • ICS-SCADA
  • POLICIES
  • Contact me
  • Home
  • Breaking News
  • Cyber Crime
  • Digital ID
  • Hacking
  • Binance says that leaked KYC Data are from third-party vendor.

Binance says that leaked KYC Data are from third-party vendor.

Pierluigi Paganini August 26, 2019

The Binance cryptocurrency exchange revealed that leaked users’ KYC data were obtained by hackers from a third-party vendor.

In July, the hack of the Binance cryptocurrency exchange made the headlines, hackers stole$41 Million worth of Bitcoin (over 7,000 bitcoins) from Binance.

binance

Binance is one of the world’s largest cryptocurrency exchanges, its founder and CEO Changpeng Zhao confirmed that the hackers stole the bitcoins from a hot wallet that contained roughly 2 percent of the exchange’s total holdings. According to Zhao, the attack was particularly sophisticated and attackers used multiple techniques to gain access to the platform, fortunately, no other wallets were accessed by the hackers.

Attackers demand a ransom claiming to have hacked the KYC (Know Your Customer) data of thousands of Binance customers.

The attackers demand a ransom threatening the cryptocurrency exchange to release KYC (Know Your Customer) information of 10,000 users if the company did not pay a 300 Bitcoins ransom (roughly $3.5 million at the time of the hack)

Earlier in August, details of some individuals (i.e. photos of individuals holding their identity cards, such as passports and voter IDs) were leaked online. Now Binance confirmed that hackers obtained KYC data of its users from a third-party vendor.

The exchange recently confirmed that some of the leaked photos match actual accounts, but others were manipulated with Photoshop by attackers.

“The latest evidence of this investigation indicates that some of the leaked images overlap with images that were processed by a third-party vendor, which Binance contracted a few times between early December 2017 and late February 2018.” reads the update published by the company.

“During our review of the leaked images, there were multiple photoshopped or otherwise altered images which do not match the KYC images in our database and are being accounted into the comprehensive investigation. In addition, every image processed through Binance for KYC purposes is embedded with a concealed digital watermark, which was notably absent from all of the leaked images.”

The company pointed out that images processed through Binance for KYC purposes are embedded with a concealed digital watermark that was not present in all the leaked images.

Binance added that KYC data leaked online has been likely changed or used to set up fraudulent Binance accounts.

The company is still investigating the incident, meantime, it is notifying the potential victims, providing them “guidance on privacy protection and restitution,” and recommending that affected users should apply for new identification documents in their respective region.

Binance is also compensating impacted users with a lifetime Binance VIP membership, including preferential trading fees, support, and more services.

“We encourage users to contact us with questions and about restitution by submitting a request on the Binance Customer Support Center under “Security Issue.” Please make sure to verify you are being contacted via official Binance email communication.” concludes the statement.

“Protecting our users and keeping our systems secure is our utmost priority. We will continue to improve our systems and processes in our service to the community in a fast-changing industry.”

The exchange is also offering a reward of 25 bitcoins (roughtly $258,000) anyone who provides information that could allow identifying the attackers.

[adrotate banner=”9″] [adrotate banner=”12″]

Pierluigi Paganini

(SecurityAffairs – Binance, hacking)

[adrotate banner=”5″]

[adrotate banner=”13″]


facebook linkedin twitter

Binance Hacking hacking news information security news Pierluigi Paganini Security Affairs Security News

you might also like

Pierluigi Paganini July 26, 2025
Law enforcement operations seized BlackSuit ransomware gang’s darknet sites
Read more
Pierluigi Paganini July 26, 2025
Arizona woman sentenced for aiding North Korea in U.S. IT job fraud scheme
Read more

leave a comment

newsletter

Subscribe to my email list and stay
up-to-date!

    recent articles

    Law enforcement operations seized BlackSuit ransomware gang’s darknet sites

    Cyber Crime / July 26, 2025

    Arizona woman sentenced for aiding North Korea in U.S. IT job fraud scheme

    Intelligence / July 26, 2025

    Operation CargoTalon targets Russia’s aerospace with EAGLET malware,

    Intelligence / July 25, 2025

    Unpatched flaw in EoL LG LNV5110R cameras lets hackers gain Admin access

    Security / July 25, 2025

    Koske, a new AI-Generated Linux malware appears in the threat landscape

    Malware / July 25, 2025

    To contact me write an email to:

    Pierluigi Paganini :
    pierluigi.paganini@securityaffairs.co

    LEARN MORE

    QUICK LINKS

    • Home
    • Cyber Crime
    • Cyber warfare
    • APT
    • Data Breach
    • Deep Web
    • Digital ID
    • Hacking
    • Hacktivism
    • Intelligence
    • Internet of Things
    • Laws and regulations
    • Malware
    • Mobile
    • Reports
    • Security
    • Social Networks
    • Terrorism
    • ICS-SCADA
    • POLICIES
    • Contact me

    Copyright@securityaffairs 2024

    We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
    Cookie SettingsAccept All
    Manage consent

    Privacy Overview

    This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities...
    Necessary
    Always Enabled
    Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
    Non-necessary
    Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
    SAVE & ACCEPT