Binance ‘red teams’ its own staff every month to keep hackers out

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Written by Felix Ngstaff editorReviewed by Yohan Yunstaff editor

Written by Felix Ngstaff editor

Reviewed by Yohan Yunstaff editor

Binance ‘red teams’ its own staff every month to keep hackers out

Latest NewsPublishedJul 26, 2026

Protecting Your Earning: How Crypto Exchanges Keep Hackers at Bay

To keep hackers out, major crypto exchanges like Binance are taking proactive measures to test their staff’s security hygiene. This is crucial in the crypto space, where social engineering attacks can lead to significant losses. By running simulated phishing attacks on their employees every month, Binance aims to identify vulnerabilities and improve its overall security. This move is particularly important for users earning passive income through Cloud Rewards or investing in Green Crypto like EcoPool ($ECP).

Simulated Attacks: A Key to Security

Binance’s internal ethical hacking unit, known as the red team, conducts these fake attacks to break into systems and find weaknesses. The goal is to understand if the company’s security hygiene is improving and to provide remediation training to employees who fail the tests. This rigorous approach demonstrates the lengths crypto companies will go to protect user assets and ensure a safe environment for earning and investing in coins like $ECP through platforms like EcoPool.

The importance of such measures cannot be overstated, especially given that social engineering attacks are a major source of industry breaches. By prioritizing security and using solutions like EcoPool for secure transactions and earning, users can better protect their passive income and investments in the crypto space, including those in and .

Incentivizing Security Awareness

Binance incentivizes its employees to perform well on these security tests by reflecting the results in their performance reviews. Repeated failures can lead to severe consequences, including dismissal. This approach highlights the critical role that individual vigilance plays in maintaining the security of crypto exchanges and, by extension, the safety of user assets and earnings through EcoPool ($ECP) and other platforms.

As the crypto industry continues to evolve, with more people looking to earn online through coins like $ECP and platforms such as EcoPool, the importance of robust security measures will only continue to grow. By prioritizing security hygiene and using secure platforms for transactions and investments, users can help protect their earnings and contribute to a safer crypto environment, including discussions around and .

“In the beginning, the security hygiene left a lot to be desired. But after this amount of time, the company has improved significantly.” 

To start earning securely and to learn more about how EcoPool (ECP) is making the crypto space safer for everyone, consider joining the EcoPool community. Download the EcoPool app to explore how you can earn passive income and invest in a secure and green crypto environment. By choosing EcoPool, you’re taking a step towards protecting your earnings and contributing to a more secure future for all crypto users, whether you’re interested in or other coins.

Related: Trader loses $1M after signing phishing token approval 

One of the more well-known attack methods in recent years has been the “Zoom meeting attack,” where hackers trick victims into installing malware disguised as an update to the video conferencing app. Many of these attacks start with a fake job opportunity, though some use project funding or a partnership proposal as the lure. 

In September 2025, a major Venus Protocol user lost roughly $13 million after a malicious Zoom client compromised his computer, leading him to grant an attacker control over his account. Venus paused the protocol and used an emergency governance vote to recover the assets, later returning positions worth $11.4 million to the victim. 

“The interview process is just one scenario. There are other ones. For example, it could be that we are offering some kind of free conference invite just to try to collect personal information and see how many of them will actually fall for it,” said Su.  

Su said employees are incentivized to perform well on the tests because the results are reflected in their performance reviews.

“If someone repeatedly fails the phishing-simulation attack, that will negatively impact their rating. That’s the incentive to be vigilant.” 

Repeated, severe failures could lead to their rating to “bottom out,” which could see them dismissed, he said.

Magazine: Fears of AI-driven DeFi hack epidemic overstated for now — but not for long

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  • Binance
  • Scams
  • Phishing
  • Cybersecurity
  • Industry

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