Binance is running monthly simulated phishing attacks on its own employees to test security awareness—failing can hurt performance reviews or even lead to firing. Their red team impersonates recruiters and fake job offers to catch employees off guard, with results tied to evaluations. Since starting this program 3-4 years ago, staff have become much more vigilant. With over $137 billion in assets under management, Binance’s proactive approach highlights the critical threat of social engineering in crypto—and how seriously they take it.
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