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South Korea vows systemic cybersecurity reset after KT, Lotte Card incidents

By Jenny Lee ( September 19, 2025, 07:15 GMT | Insight) -- South Korea's science and finance regulators announced a sweeping overhaul of the country’s cybersecurity framework following back-to-back breaches at telecommunications giant KT and major credit card company Lotte Card. At a joint briefing on Friday, the Ministry of Science and ICT and the Financial Services Commission said investigations into both incidents are in progress and that regulators are re-examining security foundations “from scratch.” The aim, they said, is to replace ad-hoc responses with structural safeguards that can prevent large-scale intrusions and restore public trust.South Korea's science and finance regulators announced a sweeping overhaul of the country’s cybersecurity framework following back-to-back breaches at telecommunications giant KT and major credit-card company Lotte Card....

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