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Korea expands voice phishing victim support to 2M won
Korea's financial regulator and banking groups are expanding support for voice phishing victims. The Financial Supervisory Service (FSS) signed a business agreement on November 9 with the Korea Federation of Banks, the Credit Finance Association, the Korea Savings Banks Federation, and Good Neighbors to provide up to 2 million won ($1,460) in emergency living costs and professional psychological counseling per victim, according to Chosun Ilbo and Kyunghyang Shinmun. The program, named 'Back to Daily Life,' runs from this month through October next year and targets victims with household income at or below 150% of the median income who were scammed within the last three years, with around 200 victims expected to benefit, Kyunghyang reports. Korean media coverage focuses on the practical details of eligibility and application, framing the initiative as a concrete recovery measure for financially vulnerable victims rather than a broad policy announcement.


















