Search results for Financial Security Institute
Finance
Hacking emergency spreads from banks to savings banks and capital firms in South Korea finance sector
Hacking attacks that targeted South Korea’s five biggest banks are spreading to secondary financial firms including savings banks and capital companies. Customer data leaks were confirmed at Shinhan, KB Kookmin and Hana, while leaks were also reported at Yegaram Savings Bank and Hyundai Capital. Woori Bank and NH Nonghyup Bank were attacked but no data leak has been confirmed. Regulators are bringing forward inspections and calling an emergency meeting of finance industry heads and affected CEOs.
People
NHN Dooray wins personal information protection and utilisation technology award
NHN Dooray said on Wednesday it won the chairperson’s prize from the Personal Information Protection Commission at the 2026 Personal Information Protection and Utilisation Technology Awards. The award was newly created this year to spread personal information protection technologies. Dooray was recognised for applying a three-layer protection architecture covering infrastructure, data export controls and usage controls, and for meeting cloud security and safety assessments. The company plans to expand service coverage within the military.
Finance
P2P lenders gain momentum as rules ease; financial CEO appointments gather pace
Korea\'s online investment-linked finance industry is accelerating mid-rate lending to mid-to-low credit borrowers and sole proprietors after regulatory improvements. The Financial Services Commission plans to raise self-funding investment limits and financial-company linked investment caps, and expand limits for general investors. Major financial institutions are also stepping up CEO selection processes, while regulators tighten oversight of bank asset quality, governance and internal controls. Payment and digital-asset businesses widen partnerships and services.
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Finance
FSC to formalise online deposit comparison and recommendation, allowing platform broker registration
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Finance
Financial Security Institute steps up emergency system against cyber attacks over Chuseok holiday
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People & Moves
Financial Security Institute to hire about 20 new employees in 2027, focusing on AI security talent
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Finance
FSC to urgently check payment gateway security risks, including indirect attacks via merchants
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Industry
Samsung Electronics Service expands data protection, gets ISMS-P certification
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Finance
Digital asset institutionalisation picks up pace as big platforms clash over entry into online lending industry
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Finance
Woori Bank, Financial Security Institute to hold mock hacking contest to find security flaws
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Finance
AI capabilities could widen gaps as industry reacts to easing of finance network separation rules
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Finance
FSC to ease network separation rules again, expand to non-bank financial sector and e-finance firms
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AI & Enterprise
Naver Cloud to develop 700B cybersecurity AI model, preloads 4,000 GPUs
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AI & Enterprise
Naver Cloud, LG CNS to develop cybersecurity specialised AI foundation model for closed networks, sensitive industries
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AI & Enterprise
Naver Cloud, SKT face off in cybersecurity AI foundation model bid
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AI & Enterprise
Korea closes call for cybersecurity AI foundation model project; SKT, Naver Cloud in two-horse race
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Finance
Financial regulators block 66.36 billion won in voice phishing losses, step up crackdown on mule accounts
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AI & Enterprise
South Korea warns of phishing emails and watering-hole attacks led by state-backed hackers