Crypto

Binance runs monthly simulated phishing tests for staff to block hacking

Binance runs an internal security programme that conducts monthly simulated phishing attacks on employees and can dismiss staff who repeatedly fail. Cointelegraph reported that Binance Chief Security Officer Jimmy Su said the results are reflected in employee performance evaluations. The drills are handled by Binance’s internal ethical hacking red team, which probes systems for weaknesses and designs fake attack scenarios. Staff who fail receive remedial training.

AI & Enterprise

Selectstar runs red team challenge at Financial Security Institute AI camp

Selectstar said on Wednesday it operated AI safety training and a red team challenge at the 2026 Financial Security AI Academy Camp hosted by the Financial Security Institute and sponsored by KakaoBank. The programme, aimed at boosting AI and security skills in finance, ran from July 20 to 22 at the Kakao AI Campus in Yongin, south of Seoul, with 50 university and graduate students participating.