South Korea finds hacking incidents at total of 16 financial firms
Regulators are probing whether AI was used and plan security inspections after about 100,000 personal data leaks, the FSC said.
- On Wednesday, the Financial Services Commission announced it will review hacking incidents affecting 16 financial firms in South Korea, with around 100,000 cases of personal information presumed leaked so far.
- Earlier this month, back-to-back customer information leaks struck financial firms including KB Kookmin Bank and Shinhan Bank, triggering the regulatory investigation.
- The Financial Services Commission confirmed that personal information including names and emails was compromised, although bank account and credit card numbers remained secure.
- FSC officials are conducting an in-depth investigation into hacking methods to determine whether artificial intelligence was involved, as affected institutions examine for additional breaches.
- The FSC will conduct security inspections at financial firms and prepare early detection and joint response measures to strengthen defenses against future hacking threats.
13 Articles
13 Articles
It has been revealed that data leaks occurred at 16 domestic financial institutions due to hacking attacks suspected to have utilized artificial intelligence (AI) agents. The scale of the leak amounts to approximately 100,000 records. As investigations by financial authorities are ongoing, there is a possibility that the number of affected financial institutions could increase further. On the 14th, the Financial Services Commission [regarding] ‘…
Personal info presumed to have leaked from 16 financial institutions: regulator
Around 100,000 cases of leaked personal information, such as e-mails, names and phone numbers, are presumed to have happened at 16 financial institutions so far in a recent series of hackings, the financial regulator said Wednesday. Early this month, several financial firms, such as KB Kookmin Bank, Shinhan Bank and others, suffered back-to-back leaks of customer and other information in hackings. The Financial Services Commission (FSC) said the…
Financial authorities will hold a meeting on the 14th to review the results of security inspections regarding hacking incidents in the financial sector and discuss follow-up response measures. According to the authorities, the Financial Services Commission will hold a meeting this afternoon, presided over by Secretary-General Shin Jin-chang, with relevant agencies including the Financial Supervisory Service and the Financial Security Institute t…
(Seoul = Yonhap News) Reporters Bae Young-kyung, Kang Su-ryeon, and Kim Ji-yeon = Financial authorities are inspecting the security response system regarding the series of hacking incidents that have recently occurred in the financial sector and... follow-up measures...
Deficiencies were identified in 130 out of 555 financial companies subjected to emergency security inspections by financial authorities. While loopholes in basic controls, such as the failure to apply the latest security patches and omitted authentication, were revealed, the number of financial companies confirmed to have suffered hacking incidents rose to 16. Although authorities have decided to proceed with a comprehensive review of security s…
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