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Industry sources said on Sunday that a number of banks in South Korea are considering increasing investment in cybersecurity systems and personnel after successive hacking attacks on the mainland. Mainstream banks such as Shinhan Bank, Bank of Korea Asia, and KB Kookmin Bank have successively revealed that hacking incidents have caused customer data leaks this month, and outsiders are concerned about the actual scale of the information leak. According to the news, in response to such attacks carried out using AI, KB Kookmin Bank plans to raise the cybersecurity budget to more than 100 billion won in 2027, up from 86.07 billion won this year. Sources said that Shinhan Bank plans to allocate a record level of cybersecurity budget; Asiana Bank plans to invest tens of billions of won next year to reinforce the security system. Banks are also planning to expand their cybersecurity staff next year.
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Industry sources said on Sunday that several banks in South Korea are considering increasing investment in cybersecurity systems and personnel after successive hacking attacks on the mainland. Mainstream banks such as Shinhan Bank, Bank of Korea Asia, and KB Kookmin Bank have successively revealed that hacking incidents have caused customer data leaks this month, and outsiders are concerned about the actual scale of the information leak. According to the news, in response to such attacks carried out using AI, KB Kookmin Bank plans to raise the cybersecurity budget to more than 100 billion won in 2027, up from 86.07 billion won this year. Sources said that Shinhan Bank plans to allocate a record level of cybersecurity budget; Asiana Bank plans to invest tens of billions of won next year to reinforce the security system. Banks are also planning to expand their cybersecurity staff next year.
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