# Cyber security# Binance# Incident response
On 29 October, more than $6 billion left Binance wallets in about 20 minutes. The FBI has named North Korea's TraderTraitor group. Three security practitioners take the attack apart: how it happened, how the industry responded, and what it means for your own firm.
- How the attack unfolded, from one compromised engineer's laptop to funds moving across ten blockchains
- The response: on-chain freezes by stablecoin issuers, Binance covering customer losses, and what recovery really looks like
- Why the same attackers keep getting in, and what to change now: keys, people, data and AI
Speakers
Avishay Yanai
Co-Founder & CEO · SodaLabs
Co-Founder and CEO of Soda Labs, which lets institutions transact privately on any blockchain without breaking compliance. A cryptographer: PhD from Bar-Ilan, five years at VMware Research, 50+ peer-reviewed papers.
View member profile →Dan Danay
Co-Founder & CEO · Verdict Machine
Building Verdict Machine — agentic systems that map an institution's onchain posture, then build the security to match. Previously Head of Web3 at Check Point.
View member profile →Casey Golden
CEO · zeroShadow
We started helping victims when exploits happen (Bybit, Drift, Kelp, etc.) and we've expanded past Incident Response into both Security Consulting (helping harden security to prevent exploits) and just released our new…
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