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Briefing
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- Bithumb Data Breach – Hackers stole data of 31,800 or 3% of Bithumb users, compromising estimated value reaching billions of Korean Wons (more than $870,000)
- Theft Method – User information taken from employee PC, rather than Bithumb's core servers, with hackers getting names, email addresses, and mobile numbers
- User Compensation – Bithumb promises to reimburse victims of data leak $87 per person in addition to compensation for additional related losses, as well as total value lost once validated
- Bitcoin Exchanges being Targeted – Criminals increasingly targeting cryptocurrency holders like previous exchange victim Yapizon which suffered estimated loss of $5.5 million, and Coinbase, one of largest Bitcoin market in U.S.
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