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Cyberattack wave widens across Korean financial sector

Cyberattack wave widening across Korean financial sector signals systemic risk.

What happened: Daishin Securities reported a data breach affecting more than 38,000 customers, while Bithumb and Mirae Asset Global Investments also confirmed security intrusions, extending a weeks-long wave of cyberattacks on Korean financial firms. Key numbers: 38,490 Daishin customers exposed; suspicious activity detected Oct. Why it matters: The breaches prompted the FSS to call for stronger defenses, with Gov. Lee Chan-jin warning that AI could help hackers find vulnerabilities and launch simultaneous attacks.
Daishin Securities reported a data breach affecting more than 38,000 customers, while Bithumb and Mirae Asset Global Investments also confirmed security intrusions, extending a weeks-long wave of cyberattacks on Korean financial firms.
The breaches prompted the FSS to call for stronger defenses, with Gov. Lee Chan-jin warning that AI could help hackers find vulnerabilities and launch simultaneous attacks.
Sources