Following a series of hacking incidents in South Korea's financial sector, Prime Minister Han Sung-sook ordered a complete review of security systems. Police have formed a dedicated team and launched a formal investigation.
Prime Minister Han Sung-sook has ordered a comprehensive overhaul of security systems in response to the recent run of hacking incidents in the financial sector, SBS reported on Oct. 6. The directive goes beyond cleaning up individual breaches to re-examining the defenses of the sector as a whole.
광고 문의 · 300×250Police have also moved, forming a team dedicated to the financial-sector hacking cases and opening a formal investigation. Establishing the intrusion routes, the scale of any leaks and who is behind them are the first priorities.
Major breaches at telecom operators and card companies since last year have heightened public alarm. At the time, the government pledged tougher sanctions for security violations and greater authority for chief information security officers.
Financial hacking is also expected to be a major issue at the parliamentary audit that opened on Oct. 6, with responsibility for protecting customer data and whether regulators carried out proper checks likely to come under scrutiny.
Since ethnic Chinese and other foreign residents in Korea also manage living expenses and remittances through bank and card accounts, experts advise paying close attention to notices from financial institutions and alerts about unusual transactions.
