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Reading: Bithumb boosts safety in wake of SK Telecom malware hack
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Michigan Post > Blog > Crypto & Web 3 > Bithumb boosts safety in wake of SK Telecom malware hack
Crypto & Web 3

Bithumb boosts safety in wake of SK Telecom malware hack

By Editorial Board Published April 24, 2025 2 Min Read
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Bithumb boosts safety in wake of SK Telecom malware hack

Bithumb boosts safety in wake of SK Telecom malware hack

South Korean crypto alternate Bithumb says it’s “proactively responding” after the nation’s largest cellular community operator, SK Telecom, was hacked.

SK Telecom, which holds practically 50% of South Korea’s cellphone service market, says it was attacked on April 19 with a malware an infection that allowed hackers to entry delicate USIM-related buyer data.

This data, which historically consists of cellular subscriber id knowledge, authentication keys, community utilization knowledge, and SMS or contacts, may very well be used for focused surveillance, monitoring, and SIM-swap assaults.

In response, Bithumb has introduced that it “is proactively responding to ensure that you can use our services safely through real-time monitoring of USIM forgery.”

In an announcement issued on Thursday, the alternate mentioned, “Bithumb operates an account security enhancement policy to protect our customers’ accounts, and we would like to inform you of damage prevention rules to prevent any possible damage, so please pay special attention.”

Based on the announcement, steps taken by Bithumb embrace USIM forgery monitoring, strengthening its buyer account safety, recommending customers join a “USIM protection service,” and repeatedly checking SK Telecom notices.

It additionally means that customers exchange their SIM playing cards instantly in the event that they “have been confirmed as a ‘target of information leak.’”

Bithumb was raided by South Korean authorities in March after it allegedly supplied its former CEO with $2 million for an condo deposit.

TAGGED:BithumbboostshackmalwaresecurityTelecomwake
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