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Shinhan Bank hit by data breach affecting 25,000 customers

Shinhan Bank apologized Thursday after personal information belonging to about 25,000 customers was leaked in a data breach, as financial regulators launched an urgent inspection into the incident. According to the bank, the leaked information includes customers' names, phone numbers, annual income and loan eligibility limits, as well as other personal and credit information submitted for loan…

Shinhan Bank hit by data breach affecting 25,000 customers

Shinhan Bank announced on Thursday a data breach that compromised personal information of approximately 25,000 customers. Financial regulators immediately initiated an intensive investigation into the incident. According to the bank, the leaked data included customers' names, phone numbers, annual income, loan eligibility limits, and other personal and credit information provided during loan applications.

The breach also exposed 66 cases of resident registration numbers and 97 instances of connected information. The unauthorized access occurred through an unusual method that circumvented authentication protocols. Shinhan Bank's CEO, Jung Sang-hyuk, expressed deep regret and affirmed the bank's commitment to bearing full responsibility for any resulting losses.

"We take full responsibility for the fact that an information breach occurred at a financial institution entrusted with protecting our customers' valuable assets and information," Jung stated in a formal apology. "I sincerely apologize for causing concern and inconvenience to our customers. We will devote all resources to addressing this matter."

Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 2 other outlets

Read the original at koreatimes.co.kr →

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