Beyond firewalls: Singapore's cyber playbook for Korean banks

called for continuous monitoring and closer cooperation between governments and businesses Thursday, offering insights as South Korea confronts a series of cyber intrusions targeting financial institutions

Seoul shares fall for 6th day on renewed AI concerns ahead of US inflation data

232,000 won. Bank shares were also weak as Hana Financial Group retreated 2.25 percent to 121,600 won and KB Financial Group declined 1.97 percent to 159,200 won. Major retailer Lotte Shopping sank 4.47

Shinhan makes Korean first with Indonesia holding company

people. Other Korean financial groups are pursuing similar restructuring efforts. KB Financial Group received approval for its holding company plan in August and is working to convert an existing

Attackers unidentified in most hacking attacks on financial firms: lawmaker

addresses can easily be concealed or disguised. Several financial companies, including Hana Bank, KB Kookmin Bank and Shinhan Bank, suffered leaks of customer information in a series of hacking attacks last

Foreigners' accounts used by gambling websites: report

. According to KBS, a civic group in March filed a criminal complaint to the Gyeonggi Nambu Provincial Police Agency concerning the Korean-run gambling site. It has been claimed that the website in question

Chinese-speaking hacker possibly linked to AI-driven attacks on S. Korean banks: report

carry out cyberattacks between late September and early October. The findings come amid a series of data breaches at South Korean financial institutions, including Hana Bank, KB Kookmin Bank and Shinhan

'Bank-led won stablecoins risk limiting innovation'

. Cho described proofs of concept with KB Group in which Korean tourists paid from a won balance while Vietnamese merchants received local currency. Test won and dong stablecoins handled the transactions

Hana, BNK report data breaches as hacking hits Korean banks

Customer information leaked through loan inquiry and employee support systems at major banks Hana Bank and BNK Financial Group reported data breaches Friday, extending a string of hacking incidents

Seoul stocks fall for 3rd day as Treasury yields rise

Electronics fell 1.47 percent to 268,500 won, while chip giant SK hynix edged up 0.62 percent to 1.78 million won. Financial shares were in negative territory. KB Financial Group sank 2.71 percent to 168,800

KB Kookmin, Kakao explore future of digital assets

discuss market development and the role of financial institutions. In a keynote address, Seo Ki-won, executive vice president and head of KB Kookmin Bank’s management planning group, said technological