Cybersecurity Incident Involving GoPax and PraBank in the Virtual Asset Industry

A cybersecurity incident has been confirmed at Streami (the operator of GoPax) and PraBank, both virtual asset service providers. On the 14th, the Financial Services Commission held the 'Second Emergency Response Meeting' with related agencies such as the Financial Supervisory Service and the Financial Security Institute to disclose the investigation results of the financial sector's cybersecurity incidents. A total of 16 financial companies have been identified in connection with the incidents surrounding Shinhan Bank, including the virtual asset service providers Streami and PraBank. To date, approximately 100,000 cases of information leakage have been confirmed, which include names, contact numbers, resident registration numbers, and emails; however, no information that could lead to direct fraudulent transactions, such as account numbers or card numbers, has been identified. The financial authorities have instructed the reporting financial companies to take measures such as blocking attack IPs, applying security patches, and suspending services. Additionally, consumer protection measures are underway to inform users about the information leakage and response procedures. The Financial Supervisory Service and the Financial Security Institute are identifying the breach paths and attack methods, while the Financial Services Commission plans to review the security systems and management systems of financial companies and strengthen the hacking threat response system in light of this incident.

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