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✉news TechnologyCybersecurity first seen 2 d ago, last 1 d ago, peak #6

Major Korean Banks Breached Despite Top Security Ratings

Original: Shinhan, KB Kookmin, Hana Banks Breached Despite Top Security Ratings

Shinhan Bank, KB Kookmin Bank and Hana Bank, three of South Korea's largest lenders, have reportedly suffered security breaches despite holding top-tier security ratings. The incident has raised questions about how institutions with the strongest official security certifications could still be compromised, and is likely to intensify scrutiny of how bank security grades are assessed in South Korea.

Why now: The breach of banks holding top official security ratings undermines confidence in the certification system and in customer data safety.

Shinhan BankKB Kookmin BankHana Bank

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