Ministry of Foreign Affairs Designates Cryptocurrency Theft as a Major International Security Issue

The Ministry of Foreign Affairs emphasized that the recent surge in cryptocurrency theft incidents has significant implications for international security beyond mere cybercrime. According to a press release on the 11th, the Ministry held the '2026 Korea-OSCE Cybersecurity Conference' in Vienna, Austria, on the 10th. In his opening remarks, Director Jeong mentioned the incidents of digital asset theft and warned that cyberattacks could occur at an unprecedented speed and scale due to the evolution of AI. He argued that the cybersecurity paradigm needs to be reshaped. Furthermore, he explained that as security ties between Europe and the Indo-Pacific region deepen, cooperation between Korea and the OSCE is becoming increasingly important. The conference shared the current status of AI-based threat detection and cyber defense, and law enforcement and international organization representatives called for enhanced international cooperation against cybercrime. Participants noted that the younger generation is exposed to risks while benefiting from AI and cyber technologies, emphasizing the need for digital literacy and cybersecurity education. Approximately 100 people attended the event.

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