Bithumb Implements Security Measures After SK Telecom Data Breach
A data breach at SK Telecom has compromised sensitive SIM card details of 34 million users, raising security concerns among crypto investors. The breach can facilitate SIM-swapping scams, posing risks to cryptocurrency wallets.
Key Points
- Bithumb announced enhanced security measures following the breach.
- SK Telecom detected malware in its systems on April 19, 2025.
- The firm is blocking suspicious USIM swaps and monitoring unusual activity.
- Local digital asset exchanges advised users to enhance their security settings.
- Bithumb plans to increase real-time monitoring for USIM forgery.
- Bithumb is restructuring for a planned Kosdaq listing in the second half of 2025.
- The exchange will split into Bithumb Korea for the crypto exchange and Bithumb A for venture investments.
These developments underline the heightened focus on security within the crypto space amid ongoing vulnerabilities.