Binance’s Monthly Red-Team Phishing Drills Retrain Staff and Risk Dismissal for Repeat Failures

Binance said its internal “red team” runs simulated phishing attacks on employees every month to test staff security awareness, according to multiple reports. The scenarios reportedly include fake recruiter outreach and invitations to conferences that aim to elicit personal information ^{[1] [2]}.

Employees who fail the phishing simulations are required to complete remedial training, and repeat failures can negatively affect performance ratings and may lead to dismissal, the reports said. Crypto Briefing and Crypto News also described the program as ongoing and linked it to the growing threat of social engineering ^{[3] [4]}.

Binance’s staff phishing drills, which reportedly run monthly and include retraining and potential employment consequences for repeated failures, highlight the exchange’s internal focus on combating social-engineering attempts ^{[1] [3]}.