1. South Korea's President Lee Jae Myung launches investigation into bank data breaches

South Korea's President Lee Jae Myung launches investigation into bank data breaches

World

  • South Korean President Lee Jae Myung ordered a full investigation into data leaks across financial institutions.
  • Financial Services Commission Chairman Lee Eog-weon convened an emergency meeting, stressing maximum security vigilance.
  • Authorities are examining potential AI involvement and urging proactive defensive countermeasures against attacks.
  • Regulators reported cyberattacks hitting major banks including Shinhan and KB Kookmin, prompting immediate sector-wide audits.

Source: firstpost.com

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