INSPECTING ARCHIVED INTELLIGENCE (OUTDATED VERSION).

Prabang Coin Trading Platform Hacked Resulting in 100,000,000 Won Loss

| 2026-10-29 01:17 CRITICAL LOW DATA BREACH
Executive Summary
AI-generated
A data breach incident involving 16 financial institutions in South Korea has been ongoing for over a month, starting with Shinhan Bank last month. The hacking incidents have affected several major financial institutions including KB Kookmin Bank and Hana Bank, as well as savings banks and capital companies such as Mirae Asset Life Insurance and Daewoo Securities. Bithumb, a virtual asset trading platform, has also been hacked resulting in 100,000,000 won in losses. The attacks target the financial institutions' core trading systems, servers connected to external businesses, and work support systems due to relatively weak security. South Korea's Financial Services Commission found that 130 out of 555 inspected financial institutions had inadequate security management, with approximately 100,000 cases of personal data exposure confirmed so far.
Technical Mitigations AI-generated
• Reset credentials and API keys that may have been exposed, and review access logs for the affected accounts or integrations.
Intelligence Metadata
Actors / Malware / CVEs / Campaigns
Target & Sectors
KR
financefinance
Incident Timeline
‎February 24th
Threat actors used the Hot Wallet to withdraw 100,000,000 won on February 24th.
organisation Hot Wallet
general_metric 100,000,000 won
‎2026/09/29
Threat actors exploited vulnerabilities in the Shinhan Bank system, leading to a hacking incident that resulted in ongoing financial sector incidents, including Prabang's 100,000,000 won loss.
organisation Shinhan Bank
‎2026/10/15
Threat actors exploited vulnerabilities in the financial sector's data security to target 16 South Korean institutions, resulting in a reported loss of 100,000,000 won for Prabang.
target_region Korea, Republic of
tactic Data Breach
general_metric 16 financial institutions
‎2026/10/29
Threat actors used an unknown method to target multiple financial institutions, including Prabang and Shinhan Bank, resulting in a loss of 100,000,000 won.
organisation KB Kookmin Bank
organisation Hana Bank
organisation Mirae Asset Life Insurance
organisation Mirae Asset Weizmann
organisation KB Kookmin Bank's
victims 38,490 customers
organisation Mirae Asset Weizmann's
organisation The Financial Services Commission
Tactical Metrics
Metrics
victims
38,490
Customers