Lee Eok-won and Lee Chan-jin both attended... All-out effort to respond to hacking attacks in the financial sector

The financial authorities will urgently convene the heads of financial industry associations and representatives of financial companies that have suffered infringements on the 4th.

The two top financial authorities, including Financial Services Commission Chairman Lee Eok-won and Financial Supervisory Service Chairman Lee Chan-jin, all attended the meeting and appear to be putting all their efforts into responding to the hacking attacks that hit the financial sector.

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

Chairman Lee Eok-won of the Financial Services Commission will personally preside over the meeting, and Lee Chan-jin of the Financial Supervisory Service will also attend.

At the meeting, trends in security incidents currently occurring in the financial sector will be reviewed and response measures will be discussed.

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.

Authorities are not ruling out the possibility that additional hacking attack information leak damage may be confirmed in other industries in addition to the cases reported so far.

It is interpreted that it is in this context that the authorities called to the meeting not only industries where information leaks have already been confirmed, such as banks, banks, and savings banks, but also insurance, mutual finance, and even virtual asset and fintech industries.

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 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.”