Search results for financial fraud
AI & Enterprise
NH Nonghyup Bank to introduce AI financial secretary in December to support wealth management and jeonse loans
NH Nonghyup Bank is starting development of an AI financial secretary and plans to introduce the service on its mobile banking platform in December, then expand it to face-to-face consultations at branches next year. The bank said it held a project kickoff briefing with its AI-focused subsidiary AgileSoda to build a customer-facing AI agent. Planned functions include wealth management, jeonse loan support and consumer protection information.
Finance
Financial sector hacking spreads, delays gain support for digital asset tax postponement
A string of hacking incidents in South Korea’s financial sector has led to confirmed personal data leaks at savings banks and mutual finance groups, prompting authorities to step up inspections and security requirements. Banks are moving to raise cybersecurity spending and expand fraud prevention systems using AI. Market volatility and a steep stock selloff also drew a policy response. Political debate intensified over postponing digital asset taxation and regulating exchange shareholders.
AI & Enterprise
PIPC issues privacy protection guidelines for individuals and organisations
South Korea\'s Personal Information Protection Commission on Monday issued preventive guidelines as hacking that exploits security vulnerabilities using AI increases and concerns grow over data leaks and secondary 피해. The commission advised individuals to withdraw from unused websites, use services to check identity verification history, and regularly confirm account leaks or identity theft through public services. It also provided contact points for reporting privacy violations and financial fraud and urged organisations to review systems, devices and APIs handling personal data.
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Fintech
KB Kookmin Bank steps up AI suspicious-transaction detection, police cooperation to block financial fraud losses
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Telecommunications & Media
Broadcast Media and Communications Review Committee seeks corrections for 71 impersonation sites
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Telecommunications & Media
Malware preinstalled on low-cost Android phones hits users in 150 countries
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Finance
U.S. financial sector faces growing account verification burden, lack of unified rules a problem
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Finance
Financial sector audit clashes over hacking, ETFs as digital asset rules near final stage
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Fintech
Woori Bank builds next-generation FDS, launches AI-based financial fraud monitoring
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People
Shinhan Bank CEO Jung Sang-hyuk joins relay campaign to prevent illegal private lending
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People & Appointments
iM Financial wins presidential citation for elderly welfare contributions, first since foundation launched
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Finance
Toss Bank expands AI chat agent to all customers, cuts consultation time 90 percent
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Finance
Woori Bank to step up voice phishing detection with LG Uplus by linking finance and telecom data
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Telecommunications & Media
Telecoms industry opposes no-fault compensation for voice phishing losses
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Finance
Financial firms step up Chuseok sharing drives, expand community outreach
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Finance
Toss Bank to run customer service centre 24/7 during Chuseok holiday
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Crypto
Upbit holds youth finance Golden Bell event with Seoul
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Crypto
U.S. Treasury warns financial sector after $12.7 billion in suspected crypto fraud transactions