South Korea unveils steps to boost financial-sector cybersecurity amid AI threats
( November 5, 2026, 07:57 GMT | Official Statement) -- MLex Summary: South Korea announced sweeping measures Thursday to strengthen cybersecurity in the financial sector amid heightened AI-related risks, saying 40 incidents involving 473,000 cases of data leakage had been reported at 37 financial companies since late September. The Financial Services Commission said it would inspect cybersecurity conditions and internal controls at approximately 580 financial companies by the end of the year. Guided by the principle that AI-enabled attacks are best countered with AI, the regulator said it would launch a task force to draw up plans to fully lift existing network separation requirements and draft a digital financial security law by the first quarter of 2027.The statement is attached (in Korean)....
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