BINANCE CEO ISSUES MAJOR WARNING ON AI 'FACE ATTACKS'!

A MUST READ TO ALL BINANCIAN!#

Binance CEO Richard Teng has issued a warning about the growing threat of AI-powered "face attacks," where hackers clone faces from public photos to steal cryptocurrency. These attacks involve :

AI-generated face cloning: Hackers use AI to mimic users' faces, attempting to trick Binance's facial recognition system and gain unauthorized access to accounts.

Publicly available data exploitation: Scammers gather vast amounts of data from social media selfies, leaked IDs, and casual videos to create convincing clones.

Device vulnerability: Stolen devices with the Binance app installed can be remotely exploited, especially if paired with malware that logs user activity.

To protect against these threats, Teng advises users to:

Limit facial data sharing: Be cautious about sharing facial data online to reduce the risk of face cloning.

Secure devices: Ensure devices are well-secured with strong passwords and two-factor authentication (2FA).

Stay informed: Binance is educating users through blogs, alerts, and app notifications to stay ahead of scammer technology.

Binance is also taking measures to combat these threats, including:

Analyzing attack patterns: The exchange is working to identify and blacklist suspicious accounts linked to AI scams.

System upgrades: Binance is improving facial verification to spot AI-generated fakes and stay ahead of scammer technology.#AbuDhabiStablecoin #Trump100Days #BTCRebound