search
Lotte Insurance
Trends
- 1South Korean insurers and banks took years to detect hacking incidents▼[2026 Parliamentary Audit] Financial Sector Unaware of Incidents; Lotte Insurance Detected One After 902 Days, Toss Bank After 670 Days
During South Korea's 2026 parliamentary audit, lawmakers found the financial sector had gone largely unaware of hacking incidents. Lotte Insurance took 902 days to detect a breach, while Toss Bank needed 670 days, raising concerns about delays in discovery and reporting of cyberattacks at financial institutions.