Search results for financial authorities
AI & Enterprise
AI security technology surges to counter AI-driven attacks
Security companies are accelerating efforts to counter threats that exploit AI models, with momentum building around agentic AI-based security. Zscaler introduced two security products for AI agents and an AI Access Graph, while Check Point launched agent-based exposure validation. Concerns are rising over a “patch gap” as AI can find vulnerabilities and write attack code within hours. Companies including Rubrik, Samsung SDS and others also announced new products and partnerships.
Finance
Household loans jump 9.3 trillion won in a month as regulators trigger emergency management
Household loans across South Korea’s financial sector rose 9.3 trillion won in May, sharply above April’s increase and a year earlier. Mortgage lending growth slowed, but other loans, including credit loans, swung to an increase and drove the overall rise. Regulators held a debt monitoring meeting and plan weekly checks on firms that miss management targets. Banks will pursue voluntary measures such as cutting new credit loan limits for high earners.
Finance
Financial sector overhauls security and consumer protection for AX era
As the financial sector accelerates an AI (AX) overhaul, digital risks such as hacking and voice phishing are emerging as key challenges. Financial authorities are moving to widen AI use by easing network separation rules, while calling for stronger internal controls and consumer protection to address security threats and increasingly sophisticated fraud. The Financial Services Commission held a meeting with major financial groups and related agencies to discuss responses, including upgrading a voice phishing AI platform.
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Crypto
DAXA flags 12 illegal digital asset operators, requests police investigation
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Finance
3 trillion won pours into single-stock leveraged ETFs as volatility pushes investors into losses
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Finance
Woori Bank wins UK licence for London trading centre, to begin operations this month
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Industry
Donut Lab solid-state battery claims questioned as tests suggest lithium-ion cell
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Finance
ELS fines cut to 600 billion won after local elections, financial policy in focus
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Finance
Kosdaq triggers circuit breaker after 8 percent plunge following KOSPI drop
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Finance
KRX holds emergency market review meeting, steps up response to stock volatility
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Finance
Governance reform, digital assets legislation in focus as financial agenda may accelerate after election
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Finance
Kosdaq stalls; policy momentum in focus after local elections
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Finance
Mitos puts financial security to the test as network separation easing begins
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Crypto
Coinone raises investment from Korea Investment Securities and OKX Ventures to expand digital finance
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Finance
Savings banks sustain profit after PF cleanup; expanding loans for lower-credit borrowers remains task
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Finance
Debt collection market overhaul aims to curb \'primitive predatory finance\'
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AI & Enterprise
Busan Digital Asset Exchange forms alliance with crypto exchange Flybit
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Finance
Mytos shock prompts finance watchdog to ease network separation rules in turning point for sector AX