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…
A staggering 470,000 personal data records have been leaked from 37 financial institutions over the past month, according to the Financial Services Commission (FSC). The monetary value of the stolen funds is estimated at 1 billion won, or approximately $745,000. The FSC convened a meeting with representatives from industry trade groups and government agencies, including the Financial Supervisory Service and the Financial Security Institute, to assess data protection measures and artificial intelligence capabilities within the financial sector.
Since the initial discovery of the data leak on September 30, a total of 40 incidents have been reported, affecting 37 companies spanning commercial banks, financial investment firms, insurance companies, and savings banks. The leaked information did not encompass sensitive personal data such as names, national identification numbers, or bank account details.
The regulator noted that the affected entities included smaller brokerages, insurers, and online financial businesses.
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