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Finance
MG Community Credit Cooperatives Federation insurance data breach includes ID and account numbers
MG Community Credit Cooperatives Federation said some customers using its mutual insurance services had personal information leaked in a hacking incident. The leaked data included encrypted resident registration numbers, bank account numbers, contact details and balances, it said. The federation said it blocked the IP addresses used by the hacker and carried out additional checks and fixes to website vulnerabilities. It is notifying affected customers and will fully compensate any losses, it said.
Finance
Audit 2026: Security gaps, ETF losses in spotlight as loans and digital asset rules also questioned
South Korea\'s parliamentary audit put major financial issues under scrutiny, from a string of hacking incidents to leveraged single-stock ETFs and real estate loan curbs. Lawmakers questioned the effectiveness of regulators\' security inspections and policy measures, and raised issues including market disruption risks, household loan management and internal controls at state-run banks. The audit also addressed the direction of the National Growth Fund and long-term debt collection practices.
Finance
Financial sector hacking checks questioned over three-month reviews
Questions were raised at a parliamentary audit over whether IP addresses used in a recent hacking attack on Shinhan Bank also tried to access internet-only banks from January. Lawmaker Kim Hyeong-yeon said differing review periods among financial firms could miss intrusion traces and urged checks of at least one year of records. He criticised a Financial Supervisory Service checklist that does not specify review periods or criteria and called for stronger verification of supporting evidence. Kim also cited delayed incident detection, including a case taking 902 days to identify.
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Crypto
Dunamu warns against lending or selling Upbit accounts and API keys
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Crypto
Ethereum Foundation deploys zkAPI on mainnet for anonymous AI API fee payments
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AI & Enterprise
Iris-based World ID can overcome limits of captchas and KYC for proof of personhood in AI era
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AI & Enterprise
Bots vs bot detection technology: a world of constant battles in the AI era
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AI & Enterprise
KISA says South Korean caching DNS operators should check new crypto key update
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AI & Enterprise
GS Retail fined 12.8 billion won over personal data leak affecting 79,128 people
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Crypto
BitMart to wind down crypto exchange after 9 years, to end operations in January 2027
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AI & Enterprise
F5 acquires SurePassAI to gain visibility into AI traffic
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AI & Enterprise
PIPC fines Interior Ministry, Rural Development Administration over personal data leaks
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AI & Enterprise
South Korea privacy watchdog sanctions 3 firms, including Duo, for failing data security measures