Tuesday, November 10, 2026

Authorities call hack of the Financial Security Institute, a monitoring agency, a serious matter, demand thorough review (roundup)

Input
2026-11-10 21:29:40
Updated
2026-11-10 21:29:40
Yonhap News Agency
[Financial News] The security network of the Financial Security Institute, which oversees security across the financial sector, was breached in a cyberattack. With some information related to financial companies’ security assessments reportedly leaked, financial authorities called for a thorough review.
According to the financial sector on the 10th, the Financial Security Institute became aware that some of this information had been leaked in a cyberattack the previous day and reported it to the Financial Services Commission. The target was reportedly the institute’s ongoing information security assessment site. An unidentified cyberattack group took the institute’s assessment records for financial companies. With the vulnerabilities of individual financial companies now exposed, concern is growing across the financial sector.
The Financial Security Institute’s ongoing assessment support system website currently says only that “the server will be temporarily unavailable for a service update.”
The Financial Security Institute is notifying individual financial companies about the information leak. Asked about the scope of the leaked information, an institute official replied, “We are still checking, so it has not been confirmed and it is difficult to comment.” The official added, “We are currently notifying member companies about the attack.” Asked whether information about financial company employees had been leaked, the official said, “We are checking.”
An official from the financial authorities said, “Sensitive personal information was reportedly not leaked,” adding, “The fact that the Financial Security Institute, which monitors situations related to hacking in the financial sector, was itself hacked must be viewed seriously in terms of reliability, so [the authorities] called for a thorough review and measures to prevent a recurrence.”
Security officials at banks and other financial companies are growing even more concerned.
An official in the financial security industry said, “The fact that even the Financial Security Institute, which has more white-hat hackers than any other financial company in the country, was breached means there is no longer any safe zone inside or outside the financial sector,” adding, “Cyberattacks using artificial intelligence (AI) that no one has ever experienced have begun.”

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