South Korea Orders Security Checks After Finance-Sector Data Breaches

South Korean regulators urged financial institutions to promptly complete internal security inspections and report the results to authorities. The move follows a series of cyberattacks that led to personal data breaches across the industry.

• South Korean regulators demand urgent security inspections at financial institutions
• The order follows a series of cyberattacks and personal data breaches in the sector
• Firms must report inspection results to authorities