According to Cointelegraph, Binance conducts monthly red team exercises targeting its own staff to maintain security defenses. The testing focuses on employee security hygiene, as social engineering has become a significant vulnerability leading to breaches across the industry.
Social engineering, not smart contract bugs, is increasingly where crypto operations get breached, so this is a useful reminder that your threat model has to include your own team, not just your code. If you ship on Avalanche or Base, worth checking whether your key-holding staff and support flows would survive a phishing or impersonation test, since regular internal red-teaming is cheaper than a post-incident writeup. Even a small studio can adopt a scaled-down version: periodic simulated phishing and clear verification steps for any request touching keys or deploys.
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HTSApp