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Finance

Mitos puts financial security to the test as network separation easing begins

Single-stock leveraged ETFs and ETNs tied to Samsung Electronics and SK Hynix sharpened semiconductor concentration in South Korea\'s stock market, with first-day turnover topping 10 trillion won. Regulators warned investors about amplified losses. Financial firms also stepped up responses to AI-driven cyber threats as the emergence of high-performance AI \"Mitos\" raised concerns about more sophisticated hacking, prompting authorities to review easing and possible full removal of network separation rules.

Finance

KB Kookmin Bank introduces electronic braille service to internet banking

KB Kookmin Bank has introduced an electronic braille service on its internet banking platform to improve access for visually impaired customers. The service converts financial information shown on internet banking screens into electronic braille, allowing users to check numbers and charts using braille devices or braille printers. It applies to major transaction pages such as account inquiries and transfer result checks, as well as screens for issuing various certificates.

Telecommunications & Media

Whole-of-government voice phishing response cuts cases, losses for seven straight months

South Korea’s government said voice phishing cases and losses fell for seven straight months through April after a whole-of-government response. It said cases dropped to 9,353 from 14,461 a year earlier, while losses fell to 493.6 billion won from 763.2 billion won. Measures included an integrated response team, emergency phone-number blocks and an AI information-sharing platform. Authorities also expanded enforcement, arrests and asset recovery.