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Bithumb Hacked Via Employee System As South Korean Financial Firms Face Cyberattacks

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Bithumb Hacked Via Employee System As South Korean Financial Firms Face Cyberattacks
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  • An outsider broke into an employee mobile communication and work system at Bithumb on October 27, extracting personal information; the exchange reported the incident to KISA and PIPC.
  • Bithumb confirmed that its trading platform is separate from the compromised system and that customer virtual assets cannot be accessed through it.
  • FSS Governor Lee Chan-jin confirmed hacking incidents across major South Korean financial investment companies, including Daishin Securities, which saw 38,490 customers’ personal and credit data leaked.
  • Mirae Asset blocked abnormal access to its web systems; investor information was not affected. The October 27 attacks followed an earlier wave of cyberattacks on 16 South Korean financial firms on October 14.

An outsider broke into an employee mobile communication and work system at South Korean cryptocurrency exchange Bithumb on October 27, extracting personal information belonging to staff. The exchange reported the incident to the Korea Internet and Security Agency (KISA) and the Personal Information Protection Commission (PIPC).

Bithumb said its trading platform is entirely separate from the compromised communication system and stated that customer virtual assets cannot be accessed through the affected infrastructure, meaning no crypto funds were lost.

FSS Governor Confirms Broader Financial Sector Attacks

Financial Supervisory Service Governor Lee Chan-jin confirmed hacking incidents across what he described as major financial investment companies. The breach at Bithumb was not an isolated event.

Daishin Securities disclosed that 38,490 customers’ personal and credit information was stolen in an outside attack. Mirae Asset said it detected and blocked abnormal access attempts to its web systems and confirmed that investor information was not compromised. South Korean financial authorities have placed the sector on heightened alert.

October 14 Precedent & Bithumb’s February Lapse

The October 27 attacks came less than two weeks after a separate wave of cyberattacks on October 14 that targeted 16 South Korean financial firms simultaneously. That earlier campaign had already prompted regulators to warn the sector about coordinated intrusion activity.

In February 2026, Bithumb faced criticism once more after it mistakenly credited 620,000 BTC roughly $40 billion  to customer accounts, rather than the 620,000 Korean won that was intended.

This mistake was attributed by CEO Lee Jae-won to a vulnerability in their internal control system. While unrelated to the October hack, the February incident raised questions about operational standards at the exchange.

Stay informed with the latest trends in Web3, blockchain innovation, and cybersecurity updates at 3verseTV

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Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

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