Browsing: Korea

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.

HyperM Korea said on the 1st that it merged with Roots & Wings, a corporations specializing in data and performance marketing. With the merger, HyperM will accelerate its push into the data- and artificial intelligence (AI)-based digital marketing market.

Add preferred source South Korea’s Ministry of the Interior and Safety, National Intelligence Service, Ministry of Personnel Management, and Personal Information Protection Commission jointly announced a Public Sector Cybersecurity Accountability Enhancement Plan on October 1. Of 247 public-sector information leak incidents from 2021 through May of this year, only 9 resulted in disciplinary action, with…

Chairperson Seo Young-kyo of the Legislation and Judiciary Committee said she hopes the inaugural head of the Serious Crimes Investigation Agency will be “someone without controversy.” The remark appears aimed at the controversy surrounding Kim Ji-yong, the nominee to be the first head of the agency.