Bithumb is taking steps to establish a next-generation security system to address new threats arising from advancements in quantum computing and artificial intelligence (AI). The company is focusing on the implementation of quantum-resistant cryptography (PQC) and the automation of security operations based on AI to enhance its future security capabilities.
On June 11, Bithumb held its second regular meeting of the Information Security Advisory Committee at the Bithumb Financial Tower in Gangnam, Seoul, where they discussed next-generation security strategies and ways to strengthen information security governance.
The meeting was attended by co-chairs Lee Jae-won, CEO of Bithumb, and Kim Seung-joo, a professor at Korea University, along with experts from academia including Kang Min-seok from KAIST, Son Gi-wook from Seoul Tech University, and Kang Eun-sung from Seoul Women's University, as well as Lee Gi-taek, Chief Information Security Officer (CISO), and other key executives.
A major topic of discussion was the introduction of quantum-resistant cryptography in preparation for the era of quantum computing. Bithumb plans to implement a 'quantum-ready' strategy that includes analyzing performance impacts and conducting phased pilot tests, considering the potential for algorithm changes during the institutionalization process.
The rise of cyberattacks utilizing AI was also a significant point of discussion. As attackers increasingly use AI to exploit vulnerabilities or enhance social engineering attacks, Bithumb has decided to expand its AI-based security operation automation and vulnerability patch response systems.
The company shared its achievements and future plans regarding the bug bounty program, which rewards reporting security vulnerabilities, making it the first in the domestic virtual asset industry to do so. Bithumb aims to promote a healthy culture of vulnerability reporting through internal and external campaigns while enhancing its proactive security response capabilities.
A Bithumb representative stated, "Through this advisory committee, we have established a concrete execution roadmap to lead the industry in next-generation technology security and institutional compliance. We will continue to reflect the in-depth perspectives of external experts to develop the safest and most trusted trading environment in the virtual asset market."
* This article has been translated by AI.
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