Phishing, Fraudulent Hiring… To Prevent Hacks, Binance Tests its Staff

Crypto is a prime target for hackers. Binance, the world leader, has adopted a radical method: testing its employees every month with simulated attacks. A bold strategy to counter social engineering, responsible for 65% of hacks in 2025. But is it enough?

Crypto: Binance “Red Teams” its Employees Every Month… a Radical Anti-Hacker Strategy

Binance, the largest crypto platform in the world with 323 million users, has decided to go on the offensive… against its own teams. Every month, its Red Team, an internal ethical hacking unit, launches phishing simulations to assess employee vigilance. The goal? Identify human vulnerabilities before real hackers exploit them. The scenarios are ultra-realistic:

• Fake job offers;
• Fraudulent Zoom updates;
• Invitations to free conferences. 

Employees who fail undergo mandatory training, and their performance suffers. This approach, although controversial, seems to be paying off. Indeed, after 3 to 4 years of practice, Binance claims to have significantly improved its security hygiene. However, does this constant pressure risk creating a culture of excessive distrust among employees, to the detriment of their productivity?

BNB, a Bulwark Against Attacks… or Yet Another Target?

While Binance strengthens its internal defenses, its native token, BNB, remains a major stake in this war against hackers. With a capitalization exceeding 80 billion dollars in 2026, BNB is not only an economic lever for the crypto platform but also a prime target for cybercriminals. In 2022, BNB was already at the center of a major attack with 118 million dollars stolen on the BSC Token Hub bridge, exploiting a vulnerability in the code. Binance responded by freezing transactions and partially reimbursing users.

But these incidents remind us that even the best-secured ecosystems are not infallible. Today, with the rise of DeFi and smart contracts, BNB is increasingly exposed. Binance relies on regular audits and increased transparency to reassure investors. However, is BNB resilient enough to withstand a massive attack, or does its very success make it too tempting a prey for hackers?

Binance innovates in terms of security, but the threat persists. Between monthly tests for its employees and protection of BNB, CZ’s platform sets an example. In your opinion, should prevention be prioritized at all costs, or accept that zero risk does not exist in crypto?