Bithumb is taking steps to build a next-generation security system to address new threats arising from advancements in quantum computing and artificial intelligence (AI). The company is focusing on implementing quantum-resistant cryptography (PQC) and automating security operations using 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 included co-chairman Lee Jae-won, Bithumb's CEO, and Professor Kim Seung-joo from Korea University, along with experts from academia such as Professor Kang Min-seok from KAIST, Professor Son Gi-wook from Seoul Tech, and Professor Kang Eun-sung from Seoul Women's University, as well as Chief Information Security Officer (CISO) Lee Gi-taek and other key executives.
A significant focus of the meeting was on strategies for implementing quantum-resistant cryptography in preparation for the era of quantum computing. Bithumb plans to adopt a 'quantum-ready' strategy that includes analyzing performance impacts and conducting phased pilot tests while considering potential algorithm changes during the institutionalization process.
The increasing use of AI in cyberattacks was also a major topic of discussion. As attackers increasingly utilize AI to identify vulnerabilities and 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 in operating a bug bounty program, the first of its kind in the domestic virtual asset industry, and discussed plans for future expansion. Bithumb aims to promote a healthy culture of vulnerability reporting through internal and external campaigns while strengthening 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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