Financial authorities convene an emergency inspection meeting due to information leak... Advance meeting scheduled for 7 days

On the 4th, the financial authorities urgently summoned the heads of financial industry associations and representatives of financial companies where breaches occurred.

According to the financial sector and financial authorities on the 3rd, the Financial Services Commission will convene an emergency inspection meeting at the Seoul Government Complex on the afternoon of the 4th by convening the heads of associations in all financial industry sectors, including banking, financial investment, insurance, credit card transactions, savings banks, mutual finance, virtual assets, and fintech, as well as the CEOs of financial companies where breaches occurred.

Financial Services Commission Chairman Lee Eok-won will personally preside over the meeting.

Originally, the Financial Services Commission planned to have each financial company conduct its own inspection during the holiday period that lasts until the 5th and then receive a report on the results on the 7th.

However, it appears that the convening was brought forward as anxiety spread due to additional information leak damage from Hyundai Capital and Yegaram Savings Bank.

At the meeting on the 4th, Chairman Lee is expected to examine trends in security incidents currently occurring in the financial sector and discuss response measures.

Previously, in addition to Shinhan, KB Kookmin, Hana, and BNK Busan Bank, it was confirmed that personal information of an estimated 40,000 customers was leaked at Yegaram Savings Bank. At Hyundai Capital, some personal information of 146 home loan recruiters was leaked.

However, financial authorities believe that it is necessary to confirm whether all of these information leaks were caused by the same group.

An official from the financial authorities said, “More time is needed to confirm whether the attack was carried out by the same force or whether, by coincidence, an attack by a different force was revealed during this self-inspection process.”