Stunning Insider! How Exchanges Crack the Hacker Phishing Conspiracy to Prevent $2.2 Billion in Funds from Being Stolen?

The crypto world faced a frenzy in 2024—phishing attacks erupted wildly, stealing over $2.2 billion in just a few months! A covert war is being waged against exchanges.

Some exchanges suffered severe blows, customer data was stolen, with losses reaching hundreds of millions, and even bounties of tens of millions were offered for capturing the culprits; on the other hand, two giants successfully thwarted the hackers' schemes using AI and tight security measures, resulting in zero losses!

The protagonists of this competition are none other than the exchanges that were attacked and the two giants that successfully defended themselves. Hackers lured internal employees through fake customer service, attempting to steal account privacy and sensitive information. Terrifyingly, the attacks no longer directly pry into systems, but rather employ psychological tactics—the “phishing” of employees has become a key focus.

The security teams of the two exchanges quickly identified suspicious behavior, utilizing intelligent monitoring and automated alerts to preemptively cut off hacker access, safeguarding user data and assets.

This incident once again sounded the alarm: the security front in the crypto industry has been upgraded, and any negligence could result in severe consequences. All platforms must ramp up defenses, particularly in security training for employees and partners, and must not let their guard down.

The future security battle relies on technology, but also on human trust. The winners will be those guardians who understand both technology and human nature.