Main conclusions

Social engineering is a class of manipulation strategies used by cybercriminals where they exploit human psychology, often through phishing emails, phone calls, or direct messages, to steal money from their victims.

Digital fingerprinting can reveal sensitive information that criminals use to target individuals with social engineering techniques, making it essential to manage and control personal information to mitigate potential risks.

Both Binance and its users play an important role in combating social engineering scams. Users need to educate themselves on potential threats and be vigilant, while Binance's contribution to this fight is to constantly strengthen security measures and work with law enforcement to stop scams at their source.

If you receive a random direct message from someone claiming to be from Binance, it is almost certainly a scam. Never share your Binance User ID (BUID) or personal information with others, and only use the official support chat link through the Binance website or app.

Here's how to join the fight against social engineering scams, protect yourself, and help the Binance member community.

Believe it.

Double-check requests for sensitive information

Legitimate entities rarely request personal or financial data via email or social media. If you receive such a request, contact the organization directly through its official channels for verification.

Watch out for scam websites

Scammers often create fake versions of legitimate websites to trick users. Before entering any sensitive information, make sure the URL is correct and that the site has a secure connection (https://).

How cyber hygiene and education can help you stay safe

Prevention plays an important role in combating social engineering scams as these attacks exploit human vulnerabilities rather than technological flaws. Once a person is a victim, it can be difficult to repair the damage, which may include loss of sensitive information, financial loss, or identity theft.

Prevention through education and vigilance is essential. By staying up to date on the latest fraud techniques and practicing safe online habits, you can protect yourself from cybercriminals. Staying constantly alert and questioning the legitimacy of unfamiliar communications also helps build strong defenses against social engineering attacks.

As mentioned earlier, proper storage and management of your online data is also crucial. You should maintain good cyber hygiene to ensure that everyone cannot easily access your important information.

Also remember that what may not seem important to you may be very useful to the scammer. Social media is a powerful tool for peeking into your life and gathering information that can be used to gain your trust.

Always be vigilant – Binance can help with the rest

Both Binance and its users play key roles in combating social engineering scammers. Users need to be vigilant and aware of the latest scams, and take proactive steps to protect their accounts and personal information.

At the same time, Binance is committed to working behind the scenes to identify and confront those with bad intentions. We will also constantly work to enhance the platform's security measures to provide a safe system for all users. Working together, Binance and our user community are building a powerful defense system against even the most sophisticated social engineering threats.