South Korea’s financial regulators have ordered sector-wide IT security checks and simulated hacking drills after a ransomware attack on SGI Seoul Guarantee, aiming to bolster defenses and prevent future incidents.
#YonhapInfomax #SGISeoulGuarantee #RansomwareAttack #FinancialRegulators #Cybersecurity #FinancialServicesCommission #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=74467

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 has fully restored its core IT systems after a ransomware attack, resuming key services and pledging transparent follow-up measures.
#YonhapInfomax #SGISeoulGuarantee #RansomwareAttack #ITSystemRestoration #GuaranteeCertificate #CustomerServiceResumption #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=72452

SGI Seoul Guarantee has opened a dedicated claims center to fully compensate individuals and businesses affected by its recent system outage, pledging prompt and comprehensive support.
#YonhapInfomax #SGISeoulGuarantee #SystemOutage #Compensation #ClaimsCenter #FullReimbursement #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=72247

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

SGI Seoul Guarantee has initiated talks with Mongolian and Chinese authorities to expand cooperation in the Asian surety and credit insurance market, aiming to support Korean firms and broaden its reinsurance business in the region.
#YonhapInfomax #SGISeoulGuarantee #SuretyInsurance #Mongolia #China #ReinsuranceBusiness #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=71605

SGI Seoul Guarantee will tighten tenant repayment assessments for jeonse loans from June 11, aligning guarantee coverage with industry peers to enhance loan soundness and protect existing users.
#YonhapInfomax #SGISeoulGuarantee #JeonseLoan #RepaymentAssessment #GuaranteeCoverage #LoanSoundness #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=64921

SGI Seoul Guarantee signs MOU with Austria's Erste Bank to strengthen Eastern European operations, aiming to boost Korean companies' global competitiveness and market expansion.
#YonhapInfomax #SGISeoulGuarantee #ErsteBank #EasternEurope #BusinessExpansion #GuaranteeServices #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=59191