Yonhap Infomax NewsDec 1
South Korea's government warns that without robust cybersecurity, AI development risks collapse, highlighting talent cultivation and stronger defenses amid recent hacking incidents.
#YonhapInfomax #ArtificialIntelligence #Cybersecurity #BaekKyungHoon #HackingIncidents #ACDCCompetition #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=93316
Baek Kyung-hoon - 'Without Robust Cybersecurity, AI Is a House Built on Sand'

South Korea's government warns that without robust cybersecurity, AI development risks collapse, highlighting talent cultivation and stronger defenses amid recent hacking incidents.

Yonhap Infomax
Yonhap Infomax NewsNov 10
South Korea’s National Assembly is considering a bill that would impose fines of up to 3% of annual revenue on companies that conceal or delay reporting hacking incidents, following recent high-profile breaches and criticism that current penalties are insufficient deterrents.
#YonhapInfomax #HackingIncidents #LeeJuHee #KT #RevenueBasedFines #InformationSecurityLaw #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=89999
Lee Ju-hee Proposes Bill Imposing Fines of Up to 3% of Revenue for Concealing Hacking Incidents

South Korea’s National Assembly is considering a bill that would impose fines of up to 3% of annual revenue on companies that conceal or delay reporting hacking incidents, following recent high-profile breaches and criticism that current penalties are insufficient deterrents.

Yonhap Infomax
Yonhap Infomax NewsOct 1
South Korea’s major banks are urgently strengthening board-level cybersecurity expertise after recent hacking incidents, with top executives receiving tailored training from the Financial Security Institute as regulators signal tougher penalties for weak defenses.
#YonhapInfomax #FinancialSecurity #FinancialSecurityInstitute #Cybersecurity #MajorBanks #HackingIncidents #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=84237
'Bring in the Experts'—Bank Boards Zero In on Financial Security

South Korea’s major banks are urgently strengthening board-level cybersecurity expertise after recent hacking incidents, with top executives receiving tailored training from the Financial Security Institute as regulators signal tougher penalties for weak defenses.

Yonhap Infomax
Yonhap Infomax NewsSep 25, 2025
Shinhan Financial Group has launched a comprehensive, responsibility-based information security system, expanding accountability to all employees and board members, in response to recent high-profile hacking incidents affecting major South Korean firms.
#YonhapInfomax #ShinhanFinancialGroup #InformationSecurity #HackingIncidents #DigitalFinance #BoardTraining #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=83360
Shinhan Financial Group Launches Responsibility-Based Security System Amid Series of Hacking Incidents

Shinhan Financial Group has launched a comprehensive, responsibility-based information security system, expanding accountability to all employees and board members, in response to recent high-profile hacking incidents affecting major South Korean firms.

Yonhap Infomax
Yonhap Infomax NewsSep 3, 2025
The Financial Supervisory Service will conduct surprise penetration testing across South Korea's financial sector from September to October, intensifying cyber defense drills amid a surge in hacking incidents and expanding coverage to a broader range of institutions.
#YonhapInfomax #FinancialSupervisoryService #PenetrationTesting #Cybersecurity #FinancialInstitutions #HackingIncidents #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=79970
Financial Supervisory Service to Launch Surprise Penetration Testing Across Financial Sector Amid Series of Cyberattacks

The Financial Supervisory Service will conduct surprise penetration testing across South Korea's financial sector from September to October, intensifying cyber defense drills amid a surge in hacking incidents and expanding coverage to a broader range of institutions.

Yonhap Infomax
Yonhap Infomax NewsApr 28, 2025
Insurance Training Institute head calls for swift customer protection measures from insurance agencies involved in hacking incidents, emphasizing industry-wide responsibility for safeguarding personal information and trust.
#YonhapInfomax #InsuranceTrainingInstitute #HackingIncidents #CustomerProtection #PersonalInformation #CyberSecurity #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=60715
Insurance Training Institute Head Ha Tae-kyung - 'Insurance GAs Involved in Hacking Incidents Must Swiftly Implement Customer Protection Measures'

Insurance Training Institute head calls for swift customer protection measures from insurance agencies involved in hacking incidents, emphasizing industry-wide responsibility for safeguarding personal information and trust.

Yonhap Infomax
Astra Kernel Dec 23, 2022

✨ LastPass users: Your info and password vault data are now in hackers’ hands

👉 Be extra alert for phishing emails and phone calls purportedly from LastPass or others

👉 "would take millions of years to guess your master password using generally-available password-cracking technology." Quote from the LastPass 🤔

https://arstechnica.com/information-technology/2022/12/lastpass-says-hackers-have-obtained-vault-data-and-a-wealth-of-customer-info/

https://blog.lastpass.com/2022/12/notice-of-recent-security-incident/

#infosec #LastPassHack #lastpass #lastpassbreach22 #hackingincidents #threatintel

LastPass users: Your info and password vault data are now in hackers’ hands

Password manager says breach it disclosed in August was much worse than thought.

Ars Technica