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

The Financial Security Institute successfully resolved the SGI Seoul Guarantee ransomware attack by extracting the decryption key without negotiating with hackers, marking a rare achievement in global cybersecurity and enabling full data recovery for the major guarantee provider.
#YonhapInfomax #SGISeoulGuarantee #FinancialSecurityInstitute #Ransomware #DecryptionKey #DataRecovery #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=73112

SGI Seoul Guarantee confirmed a ransomware attack caused its recent system outage, disrupting loan and guarantee services, and pledged swift recovery and full compensation for affected customers.
#YonhapInfomax #SGISeoulGuarantee #RansomwareAttack #SystemOutage #JeonseLoan #FinancialSecurityInstitute #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=72172

KB Life Insurance Co. is rolling out Microsoft 365 Copilot, a generative AI assistant, across its enterprise platform to drive digital transformation and enhance operational efficiency.
#YonhapInfomax #KBLifeInsurance #Microsoft365Copilot #GenerativeAI #DigitalTransformation #FinancialSecurityInstitute #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=65278

Financial Security Institute plans to enhance financial sector's incident response capabilities through autonomous security framework and virtual asset service provider membership
#YonhapInfomax #FinancialSecurityInstitute #AutonomousSecurityFramework #VirtualAssetServiceProviders #IncidentResponse #FinancialSecurity #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=59910

Financial Security Institute aims to train 10% of staff as AI experts by 2027, enhancing support for financial sector's AI transformation amid increasing focus on AI model security verification.
#YonhapInfomax #FinancialSecurityInstitute #AIExperts #AITransformation #FinancialSector #AISecurityCapabilities #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=54738