From SBI to Binance, how financial institutions are becoming cyberattack targets (opens in a new tab)
Why readPairs the Binance incident, with unauthorised withdrawals put at roughly $6.3 billion, against SBI's investigation into a suspected leak of about 3,900 customer records.
Binance disclosed a breach involving unauthorised cryptocurrency withdrawals estimated at around $6.3 billion, while State Bank of India is investigating a suspected data leak covering nearly 3,900 customer records. The piece frames both as part of a wider pattern of attacks on financial institutions rather than offering technical detail on either. For a security leader in financial services it is the two named events and their scale that matter here, not the analysis around them.