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AI & Enterprise

Financial regulators issue consumer alert after series of personal data breaches

South Korea\'s financial authorities issued a consumer alert on Oct. 6 to prevent harm as personal data breaches at financial companies continue and consumer anxiety rises. The authorities said the alert will be raised immediately if damage is confirmed. They warned scammers could exploit the resumption of financial transactions after holidays, using leaked personal information to impersonate financial company staff, offer low-interest or refinancing loans, or lure victims with compensation claims.

Finance

Financial sector hit by hacking, security vulnerabilities exposed across the board

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.

Finance

KakaoBank sole proprietor loans top 4 trillion won; refinancing product to launch in November

KakaoBank said on Thursday its sole proprietor loan balance had surpassed 4 trillion won, 3 years and 11 months after the product launch. The lender said it expanded its lineup from credit loans to guarantee-backed loans and real estate secured loans, and operates guarantee loans with interest support through agreements with 17 regional credit guarantee foundations. It plans to launch a refinancing product in November and introduce a joint loan with Busan Bank next year.