Binance
Company Details
Linkedin ID:
binance
Website:
Employees number:
12,628
Number of followers:
918,445
NAICS:
513
Industry Type:
Homepage:
binance.com
IP Addresses:
40
Company ID:
BIN_5080003
Scan Status:
Completed
Binance Company CyberSecurity Posture
binance.com
Binance is the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider with a product suite that includes the world's largest digital asset exchange and much more. Trusted by over 200 millions of users worldwide, the Binance platform is dedicated to increasing the freedom of money for users, and features an unmatched portfolio of crypto products and offerings, including: trading and finance, education, data and research, social good, investment and incubation, decentralization and infrastructure solutions, and more. Posts are not directed towards UK users.
Binance A.I CyberSecurity Scoring
Binance Risk Score (AI oriented)Between 600 and 649
Binance
Updated:
- Powered by our proprietary A.I cyber incident model
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Binance Global Score (TPRM)XXXX
Binance
- Instant access to detailed risk factors
- Benchmark vs. industry & size peers
- Vulnerabilities
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Binance Company CyberSecurity News & History
Past Incidents
4
Attack Types
2
Binance
Breach
Rankiteo Explanation
Attack threatening the organization’s existence
Description: Gambaryan, an ex-IRS investigator and Binance executive, was jailed in Nigeria for alleged money laundering and tax evasion. He was invited to Nigeria to discuss issues between the Nigerian government and Binance, including accusations of money laundering and contributing to the devaluation of the Nigerian currency. His health has worsened in prison, requiring urgent medical care for a herniated disc. Though the charges have been dropped on medical grounds, he remains in Nigeria, and pressure from the US continues for his release. Gambaryan's case has drawn international attention, and congressional members have urged considering it a hostage scenario.
Binance
Breach
Rankiteo Explanation
Attack threatening the organization’s existence
Description: One of the world’s largest cryptocurrency exchanges, Binance, has been breached, with criminal hackers stealing 7,000 bitcoins. The organisation confirmed that it had suffered a “large scale security breach” in a multi-layered attack. It was unfortunate that the company was not able to block this withdrawal before it was executed. The hackers used the information to make a single transaction, transferring the bitcoins from a hot wallet into an account they owned.
Binance
Breach
Rankiteo Explanation
Attack threatening the organization’s existence
Description: Tigran Gambaryan, head of Binance's investigations and financial crime compliance, is detained in Nigeria under accusations of money laundering and tax evasion related to Binance's operations. His detention and the charges levied against him have raised international concern, with US Congress members advocating for his immediate release. This incident has implications for Binance's reputation and could potentially disrupt the company's compliance operations. Gambaryan's track record as a federal agent combating crypto crimes emphasizes the irony of his current situation, providing a stark contrast to the accusations he now faces.
Binance
Ransomware
Rankiteo Explanation
Attack threatening the organization's existence
Description: Binance, largest crypto exchange suffered a massive cyber which temporarily halted the operation of its Binance Smart Chain. The hackers stole $570 million from a blockchain linked with Binance. However, Binance resumed its operations of the BSC chain after releasing a software update that froze the hackers’ accounts.
Binance Company Scoring based on AI Models
Cyber Incidents Likelihood 3 - 6 - 9 months
A.I Risk Score Likelihood 3 - 6 - 9 months
Underwriter Stats for Binance
Incidents vs Technology, Information and Internet Industry Average (This Year)
No incidents recorded for Binance in 2025.
Incidents vs All-Companies Average (This Year)
No incidents recorded for Binance in 2025.
Incident Types Binance vs Technology, Information and Internet Industry Avg (This Year)
No incidents recorded for Binance in 2025.
Incident History — Binance (X = Date, Y = Severity)
Binance cyber incidents detection timeline including parent company and subsidiaries
Binance Company Subsidiaries
Binance is the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider with a product suite that includes the world's largest digital asset exchange and much more. Trusted by over 200 millions of users worldwide, the Binance platform is dedicated to increasing the freedom of money for users, and features an unmatched portfolio of crypto products and offerings, including: trading and finance, education, data and research, social good, investment and incubation, decentralization and infrastructure solutions, and more. Posts are not directed towards UK users.
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Binance CyberSecurity News
December 04, 2025 12:48 AM
Binance User Gets New Shot At Suit Over 1,400 Bitcoin Theft
A Florida state appeals court Wednesday reversed the dismissal of a suit brought against Binance by a Dubai resident claiming the...
December 03, 2025 02:10 AM
Canadian Court Blocks Binance's Hong Kong Arbitration Bid
A Canadian court has ordered Binance to stop pursuing arbitration in Hong Kong against two class representatives in litigation accusing the...
November 01, 2025 07:00 AM
Binance Urges Immediate Action With 4 Hardcore Tools to Protect Crypto Accounts
Binance is urging immediate user action with a powerful four-tool security overhaul, combining dynamic authentication, passkeys,...
October 31, 2025 07:00 AM
Binance money laundering scandal explained: What to know
Learn about Binance's legal challenges, including the alleged money laundering schemes, lax compliance and effect on cryptocurrency markets.
October 28, 2025 07:00 AM
Cybersecurity jobs available right now: October 28, 2025
Here are the worldwide cybersecurity job openings available as of October 28, 2025, including on-site, hybrid, and remote roles.
October 27, 2025 07:00 AM
Kyrgyzstan Advances Digital Asset Strategy with Support from Binance
The second meeting of Kyrgyzstan's National Council for the Development of Virtual Assets and Blockchain Technologies was held in Bishkek on...
October 27, 2025 07:00 AM
Why Are AML & Cybersecurity Critical to Africa’s Crypto Future?
As we close Cybersecurity Awareness Month, one message stands out: Africa's digital transformation depends on trust.
October 27, 2025 07:00 AM
REGULATION | Binance Helped Identify Over 160 Persons of Interest During ‘Operation Catalyst’ by INTERPOL, Says Head of Compliance, Binance Africa
Most recently, Binance supported Operation Catalyst, a landmark public-private initiative led by INTERPOL and AFRIPOL across six African...
October 23, 2025 07:00 AM
TAC Infosec partners with Binance, lists Socify on AWS Marketplace
TAC InfoSec Ltd, a Mumbai-based cybersecurity firm, announced two strategic initiatives today — a partnership with Binance and the launch of...
Frequently Asked Questions
Explore insights on cybersecurity incidents, risk posture, and Rankiteo's assessments.
Binance CyberSecurity History Information
Official Website of Binance
The official website of Binance is https://www.binance.com/.
Binance’s AI-Generated Cybersecurity Score
According to Rankiteo, Binance’s AI-generated cybersecurity score is 616, reflecting their Poor security posture.
How many security badges does Binance’ have ?
According to Rankiteo, Binance currently holds 0 security badges, indicating that no recognized compliance certifications are currently verified for the organization.
Does Binance have SOC 2 Type 1 certification ?
According to Rankiteo, Binance is not certified under SOC 2 Type 1.
Does Binance have SOC 2 Type 2 certification ?
According to Rankiteo, Binance does not hold a SOC 2 Type 2 certification.
Does Binance comply with GDPR ?
According to Rankiteo, Binance is not listed as GDPR compliant.
Does Binance have PCI DSS certification ?
According to Rankiteo, Binance does not currently maintain PCI DSS compliance.
Does Binance comply with HIPAA ?
According to Rankiteo, Binance is not compliant with HIPAA regulations.
Does Binance have ISO 27001 certification ?
According to Rankiteo,Binance is not certified under ISO 27001, indicating the absence of a formally recognized information security management framework.
Industry Classification of Binance
Binance operates primarily in the Technology, Information and Internet industry.
Number of Employees at Binance
Binance employs approximately 12,628 people worldwide.
Subsidiaries Owned by Binance
Binance presently has no subsidiaries across any sectors.
Binance’s LinkedIn Followers
Binance’s official LinkedIn profile has approximately 918,445 followers.
NAICS Classification of Binance
Binance is classified under the NAICS code 513, which corresponds to Others.
Binance’s Presence on Crunchbase
No, Binance does not have a profile on Crunchbase.
Binance’s Presence on LinkedIn
Yes, Binance maintains an official LinkedIn profile, which is actively utilized for branding and talent engagement, which can be accessed here: https://www.linkedin.com/company/binance.
Cybersecurity Incidents Involving Binance
As of December 11, 2025, Rankiteo reports that Binance has experienced 4 cybersecurity incidents.
Number of Peer and Competitor Companies
Binance has an estimated 13,045 peer or competitor companies worldwide.
What types of cybersecurity incidents have occurred at Binance ?
Incident Types: The types of cybersecurity incidents that have occurred include Breach and Ransomware.
What was the total financial impact of these incidents on Binance ?
Total Financial Loss: The total financial loss from these incidents is estimated to be $570.01 million.
How does Binance detect and respond to cybersecurity incidents ?
Detection and Response: The company detects and responds to cybersecurity incidents through an containment measures with software update to freeze hackers' accounts, and recovery measures with resumed operations of the bsc chain, and communication strategy with advocacy by us congress members..
Incident Details
Can you provide details on each incident ?
Title: Binance Smart Chain Hack
Description: Binance, the largest crypto exchange, suffered a massive cyber attack which temporarily halted the operation of its Binance Smart Chain. The hackers stole $570 million from a blockchain linked with Binance. However, Binance resumed its operations of the BSC chain after releasing a software update that froze the hackers’ accounts.
Type: Cyber Attack
Threat Actor: Hackers
Motivation: Financial Gain
Title: Binance Cryptocurrency Exchange Breach
Description: Criminal hackers stole 7,000 bitcoins from Binance, one of the world’s largest cryptocurrency exchanges, in a large scale security breach.
Type: Cryptocurrency Theft
Attack Vector: Multi-layered attack
Threat Actor: Criminal hackers
Motivation: Financial gain
Title: Detention of Binance's Head of Investigations and Financial Crime Compliance
Description: Tigran Gambaryan, head of Binance's investigations and financial crime compliance, is detained in Nigeria under accusations of money laundering and tax evasion related to Binance's operations. His detention and the charges levied against him have raised international concern, with US Congress members advocating for his immediate release. This incident has implications for Binance's reputation and could potentially disrupt the company's compliance operations. Gambaryan's track record as a federal agent combating crypto crimes emphasizes the irony of his current situation, providing a stark contrast to the accusations he now faces.
Type: Legal Incident
Threat Actor: Nigerian Authorities
Motivation: Money LaunderingTax Evasion
Title: Arrest and Detention of Ex-IRS Investigator and Binance Executive in Nigeria
Description: Gambaryan, an ex-IRS investigator and Binance executive, was jailed in Nigeria for alleged money laundering and tax evasion. He was invited to Nigeria to discuss issues between the Nigerian government and Binance, including accusations of money laundering and contributing to the devaluation of the Nigerian currency. His health has worsened in prison, requiring urgent medical care for a herniated disc. Though the charges have been dropped on medical grounds, he remains in Nigeria, and pressure from the US continues for his release. Gambaryan's case has drawn international attention, and congressional members have urged considering it a hostage scenario.
Type: Money Laundering, Tax Evasion
Threat Actor: Nigerian Government
Motivation: Money Laundering, Tax Evasion
What are the most common types of attacks the company has faced ?
Common Attack Types: The most common types of attacks the company has faced is Breach.
Impact of the Incidents
What was the impact of each incident ?
Incident : Cyber Attack BIN1791022
Financial Loss: $570 million
Systems Affected: Binance Smart Chain
Downtime: Temporary halt of BSC operations
Operational Impact: Temporary halt of operations
Incident : Cryptocurrency Theft BIN142717323
Financial Loss: 7,000 bitcoins
Systems Affected: Hot wallet
Incident : Legal Incident BIN000071224
Operational Impact: Potential disruption to compliance operations
Brand Reputation Impact: Significant
Legal Liabilities: Detention and potential legal charges
What is the average financial loss per incident ?
Average Financial Loss: The average financial loss per incident is $142.50 million.
Which entities were affected by each incident ?
Incident : Cyber Attack BIN1791022
Entity Name: Binance
Entity Type: Crypto Exchange
Industry: Cryptocurrency
Size: Large
Incident : Cryptocurrency Theft BIN142717323
Entity Name: Binance
Entity Type: Cryptocurrency Exchange
Industry: Financial Services
Size: Large
Incident : Legal Incident BIN000071224
Entity Name: Binance
Entity Type: Cryptocurrency Exchange
Industry: Financial Services
Location: Global
Size: Large
Incident : Money Laundering, Tax Evasion BIN000102424
Entity Name: Binance
Entity Type: Cryptocurrency Exchange
Industry: Financial Services
Location: Global
Response to the Incidents
What measures were taken in response to each incident ?
Incident : Cyber Attack BIN1791022
Containment Measures: Software update to freeze hackers' accounts
Recovery Measures: Resumed operations of the BSC chain
Incident : Legal Incident BIN000071224
Communication Strategy: Advocacy by US Congress members
Data Breach Information
How does the company handle incidents involving personally identifiable information (PII) ?
Handling of PII Incidents: The company handles incidents involving personally identifiable information (PII) through by software update to freeze hackers' accounts and .
Ransomware Information
How does the company recover data encrypted by ransomware ?
Data Recovery from Ransomware: The company recovers data encrypted by ransomware through Resumed operations of the BSC chain, .
Regulatory Compliance
Were there any regulatory violations and fines imposed for each incident ?
Incident : Legal Incident BIN000071224
Regulations Violated: Money Laundering, Tax Evasion,
Legal Actions: Detention and potential legal charges
How does the company ensure compliance with regulatory requirements ?
Ensuring Regulatory Compliance: The company ensures compliance with regulatory requirements through Detention and potential legal charges.
Investigation Status
What is the current status of the investigation for each incident ?
Incident : Legal Incident BIN000071224
Investigation Status: Ongoing
How does the company communicate the status of incident investigations to stakeholders ?
Communication of Investigation Status: The company communicates the status of incident investigations to stakeholders through Advocacy by US Congress members.
Additional Questions
General Information
Who was the attacking group in the last incident ?
Last Attacking Group: The attacking group in the last incident were an Hackers, Criminal hackers, Nigerian Authorities and Nigerian Government.
Impact of the Incidents
What was the highest financial loss from an incident ?
Highest Financial Loss: The highest financial loss from an incident was $570 million.
What was the most significant system affected in an incident ?
Most Significant System Affected: The most significant system affected in an incident was Binance Smart Chain and .
Response to the Incidents
What containment measures were taken in the most recent incident ?
Containment Measures in Most Recent Incident: The containment measures taken in the most recent incident was Software update to freeze hackers' accounts.
Regulatory Compliance
What was the most significant legal action taken for a regulatory violation ?
Most Significant Legal Action: The most significant legal action taken for a regulatory violation was Detention and potential legal charges.
Investigation Status
What is the current status of the most recent investigation ?
Current Status of Most Recent Investigation: The current status of the most recent investigation is Ongoing.
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Latest Global CVEs (Not Company-Specific)
Description
FreePBX Endpoint Manager is a module for managing telephony endpoints in FreePBX systems. Versions prior to 16.0.96 and 17.0.1 through 17.0.9 have a weak default password. By default, this is a 6 digit numeric value which can be brute forced. (This is the app_password parameter). Depending on local configuration, this password could be the extension, voicemail, user manager, DPMA or EPM phone admin password. This issue is fixed in versions 16.0.96 and 17.0.10.
Risk Information
cvss4
Base: 6.9
Severity: LOW
CVSS:4.0/AV:N/AC:L/AT:N/PR:N/UI:N/VC:L/VI:L/VA:N/SC:N/SI:N/SA:N/E:X/CR:X/IR:X/AR:X/MAV:X/MAC:X/MAT:X/MPR:X/MUI:X/MVC:X/MVI:X/MVA:X/MSC:X/MSI:X/MSA:X/S:X/AU:X/R:X/V:X/RE:X/U:X
Description
Neuron is a PHP framework for creating and orchestrating AI Agents. In versions 2.8.11 and below, the MySQLWriteTool executes arbitrary SQL provided by the caller using PDO::prepare() + execute() without semantic restrictions. This is consistent with the name (“write tool”), but in an LLM/agent context it becomes a high-risk capability: prompt injection or indirect prompt manipulation can cause execution of destructive queries such as DROP TABLE, TRUNCATE, DELETE, ALTER, or privilege-related statements (subject to DB permissions). Deployments that expose an agent with MySQLWriteTool enabled to untrusted input and/or run the tool with a DB user that has broad privileges are impacted. This issue is fixed in version 2.8.12.
Risk Information
cvss3
Base: 9.4
Severity: LOW
CVSS:3.1/AV:N/AC:L/PR:N/UI:N/S:U/C:L/I:H/A:H
Description
Neuron is a PHP framework for creating and orchestrating AI Agents. Versions 2.8.11 and below use MySQLSelectTool, which is vulnerable to Read-Only Bypass. MySQLSelectTool is intended to be a read-only SQL tool (e.g., for LLM agent querying, however, validation based on the first keyword (e.g., SELECT) and a forbidden-keyword list does not block file-writing constructs such as INTO OUTFILE / INTO DUMPFILE. As a result, an attacker who can influence the tool input (e.g., via prompt injection through a public agent endpoint) may write arbitrary files to the DB server if the MySQL/MariaDB account has the FILE privilege and server configuration permits writes to a useful location (e.g., a web-accessible directory). This issue is fixed in version 2.8.12.
Risk Information
cvss3
Base: 8.2
Severity: LOW
CVSS:3.1/AV:N/AC:L/PR:N/UI:N/S:U/C:L/I:H/A:N
Description
Okta Java Management SDK facilitates interactions with the Okta management API. In versions 11.0.0 through 20.0.0, race conditions may arise from concurrent requests using the ApiClient class. This could cause a status code or response header from one request’s response to influence another request’s response. This issue is fixed in version 20.0.1.
Risk Information
cvss3
Base: 8.4
Severity: HIGH
CVSS:3.1/AV:N/AC:H/PR:L/UI:N/S:C/C:H/I:H/A:L
Description
The Auth0 Next.js SDK is a library for implementing user authentication in Next.js applications. When using versions 4.11.0 through 4.11.2 and 4.12.0, simultaneous requests on the same client may result in improper lookups in the TokenRequestCache for the request results. This issue is fixed in versions 4.11.2 and 4.12.1.
Risk Information
cvss3
Base: 5.4
Severity: HIGH
CVSS:3.1/AV:N/AC:H/PR:L/UI:R/S:U/C:H/I:L/A:N
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Incident
Finding
Grade
Digital Assets
Every week, Rankiteo analyzes billions of signals to give organizations a sharper, faster view of emerging risks. With deeper, more actionable intelligence at their fingertips, security teams can outpace threat actors, respond instantly to Zero-Day attacks, and dramatically shrink their risk exposure window.
These are some of the factors we use to calculate the overall score:
Network Security
Identify exposed access points, detect misconfigured SSL certificates, and uncover vulnerabilities across the network infrastructure.
SBOM (Software Bill of Materials)
Gain visibility into the software components used within an organization to detect vulnerabilities, manage risk, and ensure supply chain security.
CMDB (Configuration Management Database)
Monitor and manage all IT assets and their configurations to ensure accurate, real-time visibility across the company's technology environment.
Threat Intelligence
Leverage real-time insights on active threats, malware campaigns, and emerging vulnerabilities to proactively defend against evolving cyberattacks.
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