Browsing: Korea

In the age of AI (artificial intelligence), when planning products you need to go beyond what you made and turn into data why it was chosen.

OpenAI’s artificial intelligence (AI) model ChatGPT neared 25 million monthly users in Korea and kept the top spot in the Generative AI app market.

The Financial Supervisory Service urged corporations to make systematic preparations ahead of the introduction of Korea International Financial Reporting Standards (K-IFRS) No. 1118, which takes effect next year.

Three out of four in-house online shops with monthly transaction amounts exceeding 100 million won were found to look directly at customer and sales data. Shops that keep an eye on data also had higher sales growth rates than those that do not.

Artificial intelligence may have been used in a string of cyberattacks targeting South Korea’s financial sector, the president said Tuesday, as police announced the launch of an investigation.

South Korea’s financial regulator ordered every bank, card issuer, and savings institution in the country to inspect their externally exposed IT systems after a fast-moving wave of data breaches hit at least four major lenders in four days. The Financial Services Commission (FSC) issued the sector-wide directive on October 2, 2026, following disclosures from Shinhan…

South Korean regulators are urging banks to speed up their internal security checks and promptly share the findings after recent hacks exposed data from tens of thousands of customers, including 40,000 at Yegaram Savings Bank and 25,000 at Shinhan Bank.

Add preferred source Korea Electric Power Corporation (KEPCO) suffered a data exposure incident in which the personal information of approximately 24,000 employees—including names, department affiliations, and phone numbers—was exposed on an external webpage. The company became aware of the incident at around 3:59 p.m. on the 1st and immediately blocked access to internal systems, but…

The President of South Korea ordered an investigation into data leaks at banks and government institutions. The regulator is strengthening cybersecurity due to possible AI attacks.

Investing.com — South Korean regulators ordered financial institutions to carry out security inspections after a series of cyberattacks exposed personal information belonging to tens of thousands of customers.