South Korean president orders probe into data leaks across financial industry

South Korean President Lee Jae Myung has ordered a comprehensive investigation into recent data leak incidents across the financial industry, following reports of cyberattacks at major banks and public agencies. The Financial Services Commission (FSC) convened an emergency meeting with industry representatives and regulators, warning of the need for heightened vigilance and suggesting the possibility of AI involvement in the attacks.

The FSC has also directed financial institutions to conduct thorough security inspections, tighten access controls, and enhance consumer protection measures, while sharing threat information across the sector to prevent future incidents. The country's main opposition party has called for an investigation into the potential involvement of North Korea in the cyberattacks.

Brief written by urgent.news from New Straits Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.