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Bithumb Probes Employee System Breach Amid Rising Cyberattacks on South Korean Finance Firms

28 October, 2026   /   News   /  AI   /   Tags:  bithumb, south, information, korea, virtual

Bithumb Probes Employee System Breach Amid Rising Cyberattacks on South Korean Finance Firms

South Korea’s second-largest crypto exchange is examining the scope of a data incident after unauthorized access to its internal mobile work platform, with no reported loss of customer assets

South Korean cryptocurrency exchange Bithumb is investigating the extent of a data leak stemming from unauthorized access to an internal employee mobile system. The company detected the intrusion on October 27 and reported it the same day to the Korea Internet & Security Agency and the Personal Information Protection Commission.

The compromised platform, described as a groupware tool used by staff for work communications and information sharing, was accessed by an outsider without authorization. Bithumb confirmed that employee personal information was exposed but has not disclosed how many workers were affected or the specific types of records involved.

System Separation and Asset Safety

Bithumb stated that the affected internal work system operates on a network separate from its virtual asset trading platform. As a result, customer cryptocurrency holdings could not be reached through the breach. No losses of customer virtual assets have been reported, and the exchange has not indicated any disruption to deposits or withdrawals.

We are analyzing the exact scope, including the possibility of member information being involved. However, the internal work system is separated from the virtual asset trading system, so customer virtual assets cannot be accessed through this breach.
Bithumb statement

The company continues to review whether any customer or member data was included in the compromised materials. Officials have said an announcement on the findings would follow, though no final determination on customer records has been released.

Broader Wave of Cyber Incidents

The Bithumb incident forms part of a series of cyberattacks targeting South Korean financial institutions. Financial Supervisory Service Governor Lee Chan-jin noted that 16 financial firms had experienced such attacks as of October 14.

Among recent cases, Daishin Securities reported that personal and credit information belonging to 38,490 customers was leaked. The compromised details included names, email and home addresses, login IDs, bank and account numbers, and mobile phone numbers, with some account and phone data encrypted.

Mirae Asset Global Investments separately detected abnormal external access attempts on certain web systems. The firm blocked the access routes, activated emergency response measures, and stated that investor information was not affected.

South Korea’s presidential office scheduled a meeting for October 28 with Financial Services Commission officials to review the cyber incidents involving Bithumb and Mirae Asset Global Investments.

Bithumb ranks as the second-largest cryptocurrency exchange in South Korea by trading volume. The investigation into the precise scope of the data exposure remains ongoing.

Disclaimer
This article was generated by AI using information from multiple industry sources. It has not been reviewed or verified by a human editor and may contain inaccuracies, omissions, or misinformation. Readers are encouraged to independently verify any information before making decisions based on its content.
This article is for informational purposes only and does not constitute financial, legal, or investment advice. Cryptocurrency and related investments involve substantial risk, and past performance does not guarantee future results.