Binance Strengthens Security After Customer Loses $1 Million in Chrome Extension Hack

Binance Strengthens Security After Customer Loses $1 Million in Chrome Extension Hack

Binance Strengthens Security After Customer Loses $1 Million in Chrome Extension Hack Binance has announced that it has resolved a misunderstanding with a customer who lost approximately $1 million due to a security breach involving the Chrome extension app Aggr. The company stated that it will use this incident as an opportunity to strengthen security measures and optimize its risk management system to prevent similar damage in the future. Binance emphasized the importance of caution when using Chrome extension apps and recommends always maintaining a clean web browser environment. The company also advises users to avoid using external plugins. Earlier, a Binance user named 'Nakamoto' reported that their account was hacked while using the Google Chrome app Aggr. The hacker allegedly made insider trades using the compromised account, resulting in a loss of approximately $1 million. Nakamoto also mentioned that they did not receive any warnings or measures from Binance during the incident. Binance has acknowledged the shortcomings of its risk management system in this case and stated that it will be supplemented and optimized going forward to prevent similar damage. The company also highlighted its commitment to monitoring abnormal insider trading and maintaining defensive systems against similar actions. In light of this incident, Binance has scheduled a security enhancement to further strengthen its platform's protection. The company is committed to providing a secure and reliable trading environment for its users.