Crypto is a prime target for hackers. Binance, a 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 hacking in 2025. But is it enough?
In brief
- Binance simulates phishing attacks on its employees every month to increase their vigilance against social engineering.
- BNB, Binance’s flagship token, remains a major target for hackers despite reinforced security measures.
- A bold but controversial strategy: between radical prevention and the risk of increased stress for teams.
Crypto: Binance “red team” 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. Each month, its Red Team, an internal ethical hacking unit, launches phishing simulations to assess employee vigilance. The objective? Identify human vulnerabilities before real hackers exploit them. The scenarios are ultra-realistic:
- Fake job offers;
- Fraudulent Zoom updates;
- Free conference invitations.
Employees who fail undergo mandatory training, and their performance suffers. This approach, although controversial, appears 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 not risk creating a culture of excessive distrust among employees, to the detriment of their productivity?
BNB, a shield against attacks… or just one more target?
If Binance strengthens its internal defensesits native token, BNB, remains a major issue in this war against hackers. With a capitalization exceeding $80 billion in 2026, BNB is not only an economic lever for the crypto platform, but also a preferred target for cybercriminals. In 2022, BNB has already been at the center of a major attack with $118 million stolen from the BSC Token Hub bridge, exploiting a vulnerability in the code. Binance responded by freezing transactions and partially refunding users.
But these incidents are a reminder that even the most secure 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 prey for hackers?
Binance innovates on security, but the threat persists. Between monthly tests for its employees and protection of BNB, the CZ platform sets an example. In your opinion, should we prioritize prevention at all costs, or accept that zero risk does not exist in crypto?
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