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Compromised employee device triggered $6.3B crypto loss

Compromised employee device triggered $6.3B crypto loss

A compromised development engineer’s laptop led to a $6.3 billion cryptocurrency loss last week, Binance Holdings Ltd.’s preliminary investigation found, CSO reported. “A platform holding digital assets should have multiple layers of security to prevent a single compromise, such as an employee’s laptop being hacked, from being sufficient to authorize a transfer,” said Mario Rivas, blockchain and digital assets security lead at London-based NCC Group plc.

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