Police add Electronic Financial Transactions Act violation to financial institution hacking case; to notify Serious Crimes Investigation Agency
- Input
- 2026-10-20 18:29:14
- Updated
- 2026-10-20 18:29:14
[Financial News] Police have decided to additionally recognize suspicion of violating the Electronic Financial Transactions Act, in addition to the existing Information and Communications Network Act violation, in connection with recent financial institution hacking cases, and to notify the Serious Crime Investigation Agency of the case.
The National Office of Investigation of the Korean National Police Agency said on the 20th that it had made the decision after comprehensively considering the investigation to date, the results of legal reviews, the Financial Services Commission’s authoritative interpretation and the views of the affected financial institutions.
The newly added violation of the Electronic Financial Transactions Act constitutes a serious crime subject to investigation by the Serious Crime Investigation Agency under Article 2 of the Serious Crimes Investigation Agency Act. Accordingly, police plan to notify the agency of the case.
A police official said, “We will thoroughly investigate the case while complying with procedures prescribed by relevant laws and ensuring there are no gaps in the investigation.”
[email protected] Kim Ye-ji Reporter