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South Korean president orders probe into financial data leaks
Original: South Korean president orders probe into data leaks across financial industry
South Korea's president has ordered an investigation into data leaks across the country's financial industry. The directive follows a series of breaches involving customer information at financial institutions and is expected to cover banks, insurers and other firms handling sensitive personal data. The move signals heightened government scrutiny of cybersecurity standards in one of Asia's largest financial markets.
Why now: Fresh government action on a data security scandal affecting South Korea's financial sector.
South KoreaSouth Korean president
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Evidence
- South Korean president orders probe into data leaks across financial industry · Reuters
- South Korean president orders probe into data leaks across financial industry · WTVB
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