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Crypto
Bithumb launches customer asset protection campaign, upgrades security system
Bithumb said on Thursday it will run a customer asset protection and security reinforcement campaign to promote a safer trading environment. The campaign focuses on explaining its asset custody policy and security response system, while sharing steps users can take. Bithumb said it stores assets in offline cold wallets at a higher-than-required ratio and uses MPC-based distributed signatures. It also strengthens internal controls for asset transfers and advises users to enable two-channel authentication.
Crypto
Bithumb unveils AI voice phishing prevention campaign
Bithumb is running a security campaign to guide users on preventing new financial scams that abuse artificial intelligence. The company on May 14 released a \"Voice Phishing Complete Guide\" episode as part of its Information Protection Day campaign. The content includes tips to prevent losses from deepvoice and deepfake-based voice phishing, and warns of growing impersonation attempts targeting digital asset investors through remote-control app installs, OTP sharing and wallet transfers.
Finance
KakaoBank upgrades fraud detection system to use AI to stop voice phishing
KakaoBank said on Thursday it will strengthen financial crime prevention technology by using AI and a telecom authentication solution to protect customer assets from increasingly sophisticated voice phishing and other non-face-to-face fraud. It introduced the SurPASS telecom authentication solution and selfie verification to upgrade its voice phishing response. It will also apply AI-based detection that analyzes customers\' call patterns to produce a risk rating and trigger additional reviews by its fraud detection system.