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✉news TechnologyCybersecurity first seen 1 d ago, last 14 h ago, peak #14

IBK Puts 15% of IT Budget Into Security

Original: [Exclusive] IBK Allocates 15% of IT Budget to Security... Plans Dedicated GPU to Extend 15-Year Incident-Free Record

Industrial Bank of Korea has allocated 15% of its IT budget to security as it works to extend a 15-year record without a major security incident. The bank also plans to deploy a dedicated GPU to strengthen its security operations, according to an exclusive report by Asia Economy. The move signals growing investment by Korean financial institutions in cybersecurity infrastructure.

Why now: Banks are under pressure to harden cyber defenses as financial-sector attacks rise, making a major security investment newsworthy.

Industrial Bank of KoreaAsia Economy

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