[Following Binance Attack, US Regulators Urgently Investigate Bank System Security] BlockBeats reported on November 5th, citing Reuters, that following the $6.3 billion hack that struck Binance last week, the Federal Reserve and the Office of the Comptroller of the Currency (OCC) began contacting banks this week to inquire about any unusual activity or service disruptions in their systems, in order to assess the risk of the crypto market security incident spreading to the traditional financial system. Sources familiar with the matter indicated that several banks are conducting security diagnostics on their internal systems and assessing whether similar attack methods could be exploited. The cybersecurity team of a major US bank has contacted Binance and begun compiling an internal report, which may be used to review the system and update cybersecurity measures. Binance stated that it is currently in close contact with global regulators and is providing timely updates on the security incident. The Federal Reserve and the OCC declined to comment. Sources also pointed out that the rapid evolution of AI models has increased the difficulty for banks to defend against hacking attacks, and banks are investing significant resources in reviewing and patching cybersecurity code. [Original Link]