Over 470,000 pieces of personal data leaked from 37 financial firms: FSC
More than 470,000 personal data records have been leaked from 37 companies across the financial sector over the past month, with the amount of funds stolen estimated at 1 billion won ($745,000), the financial regulator said Thursday. The Financial Services Commission (FSC) held a meeting with officials from financial trade associations and government agencies, including the Financial Supervisory…
The Financial Services Commission (FSC) in South Korea has reported that over 470,000 pieces of personal data have been leaked from 37 financial firms in the past month, with estimated funds stolen totaling 1 billion won ($745,000). The FSC convened a meeting with representatives from financial trade associations and government agencies, including the Financial Supervisory Service and the Financial Security Institute, to assess data protection systems and AI capabilities within the financial sector.
Since the first data leak was detected on September 30, a total of 40 incidents have been reported across 37 companies, comprising four commercial banks, five financial investment firms, three insurance firms, and five savings banks. Importantly, the leaked data did not include sensitive personal information that could facilitate illicit financial transactions, such as names, national identification numbers, or bank account numbers.
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