South Korea\'s financial sector faced a security emergency after a string of hacks and personal data leaks. Shinhan Bank had customer information for about 25,000 people leaked, while KB Kookmin Bank and Hana Bank confirmed leaks involving 119 and 89 customers. Regulators said related IP addresses linked to the same attacker were found across seven firms, with external-facing services used as attack routes. Authorities are investigating possible automated attacks using AI tools and ordered an industrywide security review.

iM Financial Group has started its management succession process to select its next chief executive. It plans to strengthen fairness and transparency by evaluating internal and external candidates under the same criteria and involving outside experts in verification. The chairman candidate recommendation committee set four selection principles and will run a three-stage process. It aims to pick a long list by late October, finalize a short list by late November and recommend a final candidate in December.