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Korea's financial sector hit by 473,000-record data leak
South Korea's financial regulator reported that over the past month, 37 financial firms suffered 40 cyberattacks, exposing approximately 473,000 personal data records and stealing about 1 billion won ($746,938), according to Yonhap and the Financial Services Commission. The regulator said sensitive financial information that could lead to unauthorized payments has not been confirmed as leaked so far, and it has launched a full inspection of about 580 financial companies' security systems, holding CEOs accountable for breaches. Korean media report growing consumer anxiety over the attacks, which began with a large-scale hack of Shinhan Bank in late September and spread across banking, securities, insurance, and virtual asset sectors.
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