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South Korea’s Financial Regulator to Review Security With Five Bank Chiefs

South Korea’s Financial Regulator to Review Security With Five Bank Chiefs

Photo: TokenPost

South Korea’s Financial Services Commission (FSC), the country’s financial regulator, will meet with five major bank chiefs Nov. 5 to review financial-sector security after recent cyberattacks, with a focus on AI-related threats. The meeting is scheduled for 8 p.m. ET Wednesday, Nov. 4 (1 a.m. UTC Thursday, Nov. 5). FSC Chairman Lee Eog-weon will chair it. Financial Supervisory Service (FSS) Governor Lee Chan-jin and Financial Security Institute (FSI) President Park Sang-won are also expected to attend. The five participating banks are KB Kookmin Bank, Shinhan Bank, Hana Bank, Woori Bank and NH NongHyup Bank.

Source: TokenPost

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