Bithumb hacked through employee system as South Korean financial firms face cyberattacks

Bithumb hacked through employee system as South Korean financial firms face cyberattacks

Summary

Bithumb, South Korea’s second-largest crypto exchange, said an outsider breached its employee mobile system and may have taken personal information. The exchange reported the incident to national cybersecurity and privacy authorities and is still assessing the scope, including whether customer data was exposed. Bithumb said the system is separate from its trading platform and customer crypto assets could not be accessed; no funds were reported lost. Regulators are also assessing cyber incidents at two other financial firms. The breach follows Bithumb’s February operational error, when it mistakenly credited customers with 620,000 BTC rather than 620,000 won.