Financial Services Commission Chairman Lee Eon-Geon: “Financial Sector’s Response to Hacking Lacks Even the Basics”… Says “It Has Been Effective” Regarding Mortgage Loan Regulations
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5 Articles
(Seoul = Yonhap News) Reporters Bae Young-kyung, Kim Ji-yeon, and Kang Ryu-na = Financial Services Commission Chairman Lee Won-geon said on the 8th regarding the recent hacking incidents involving artificial intelligence (AI) agents in the financial sector, "Our response...
Financial Services Commission Chairman Lee Won-geon appeared before the National Assembly's Political Affairs Committee for a parliamentary audit and acknowledged the financial sector's inadequacy in responding to hacking, while also announcing plans to improve the security system. He stated that the government is reviewing the relaxation of network separation regulations and assessed that mortgage loan regulations have been effective in curbing…
[Digital Daily Reporter Kim Nam-gyu] Rep. Shin Dong-wook of the People Power Party criticized the failure of real estate policies, stating that Seoul apartment prices continue to rise despite the government's stringent loan regulations. Financial Services Commission Chairman Lee Won-geon countered that the rise in housing prices would have been steeper without loan regulations, but Rep. Shin questioned the effectiveness of the regulations, argui…
FSC chief Lee vows tougher in-house checks after Korea bank hacking wave | #hacking | #cybersecurity | #infosec | #comptia | #pentest | #hacker - National Cyber Security Consulting
The effectiveness of an emergency security inspection carried out by the financial authorities to respond to a spate of hacking incidents in the financial sector recently came under scrutiny at a National Assembly audit. In response, Lee Eog-weon, chairperson of the Financial Services Commission (FSC), said he would receive reports on additional in-house inspections by […] Thank you for subscribing to our RSS feed!
Financial Services Commission Chairman Lee Won-geon stated on the 8th that the loan regulation limiting housing mortgage loans to 600 million won had the effect of curbing the rise in housing prices.
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