Binance CEO Issues Major Warning on AI ‘Face Attacks’

Binance CEO Richard Teng has published An important declaration to respond to the increase in AI “facial attacks”. According to the CEO, hackers flash faces of public photos to steal the crypto.
Rising Ai Face Attacks Mense
The so-called AI face attack is an emerging threat to crypto users. Criminals exploit AI to imitate the faces of users, trying to deceive Binance's facial recognition system and gain unauthorized access to victims' accounts.
This threat persists through devices beyond the mobile, fueled by images accessible to the public and stolen equipment.
The crooks draw large amounts of data from social media selfies, disclosed identifiers and even occasional videos of their victims. The risk goes up if they associate photos or videos with a stolen device with the installed Binance application.
They can remotely operate PCs with recorded binance identification information, especially if it is associated with malicious software that records your activity. This multi-angle approach makes facial attacks a global concern for crypto users.
One of the most neglected Crypto risks at the moment. They now perform and target public profiles and KYC systems.
Binance implements security measures
Recognizing the new threat of attack on AI, the Binance security team said that user security remains their priority. The team began to analyze the attack patterns and set up suspicious accounts related to IA scams.
They also performed system upgrades to improve facial verification to identify counterfeits generated by AI, remaining ahead of crooks technology. In addition, the team stressed that it had started to educate users via blogs, alerts and application notifications, ensuring that everyone remains informed.
Users are advised to limit the sharing of their facial data and ensure that their devices are well secured. They can activate 2FA and use a strong password to secure their phones or laptops for solid protection.
Richard Teng's recent disclosure underlines the need for users to remain vigilant against growing threats in cryptographic space. Last week, the CEO warned the members of the community of a new SMS scam.
Despite the increased threat to Binance users, the exchange evolves with its expansion plans. Teng recently revealed plans to integrate another billion users wishing to adopt cryptocurrencies.