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South Korea's president says country needs a ‘cybersecurity czar’ following $6.3 billion Binance hack

CoinDesk·November 3, 2026·1 min read
South Korea's president says country needs a ‘cybersecurity czar’ following $6.3 billion Binance hack

South Korea's President Lee Jae Myung called for a 'cybersecurity czar' and a government-wide agency to combat cyberattacks, following a $6.3 billion Binance hack. He cited AI-driven security concerns affecting financial institutions and critical infrastructure, emphasizing the need for coordinated national defense against evolving digital threats.

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