Bithumb Hacked Months After Its $40B Bitcoin Blunder

Bithumb confirmed that an outside party accessed an internal mobile system used by its employees. No cryptocurrency losses have been reported, while checks on customer data continue. The breach is part of a wider wave of attacks on South Korean financial firms. The FSC wants crypto businesses held to security standards closer to those of major banks. Bithumb, one of South Korea’s two largest cryptocurrency exchanges, confirmed on October 28 that an unauthorized outside party had broken into the mobile groupware its staff use for internal messaging and administrative work, exposing employee personal information.

Source: Crypto News Flash