Yonhap News04/06/2026Business1 min de lectureSouth Korea
South Korea to Launch AI-Based Insurance Fraud Prevention System
L'essentiel
- South Korea's Financial Services Commission plans to launch an AI-based insurance fraud prevention system by September to combat sophisticated fraud, including deepfake technology.
- The system aims to detect both known and emerging fraud cases, following the detection of 1.15 trillion won in fraud last year.
Résumé généré par IA
Taille de police
The country's financial regulator said Thursday that it plans to set up an artificial intelligence (AI)-based insurance fraud prevention system this year.
The Financial Services Commission (FSC) said it has launched a task force to set up the system in September this year at the earliest.
Last year, some 1.15 trillion won (US$753 million) worth of insurance fraud cases were detected, but the figure may spike to 9 trillion won when undetected cases are counted, according to the FSC.
The regulator said the planned system will respond to AI and deepfake-based insurance fraud and help better detect new types of fraud cases.
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This article was originally published by Yonhap News.
