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CEOs of Major Banks Grilled at Assembly Audit over AI Cyberattacks

Summary by The Korea Times
The heads of five major commercial banks faced scrutiny at a National Assembly audit Monday over a series of recent artificial intelligence (AI)-assisted cyberattacks, with lawmakers raising concerns about cybersecurity and internal controls. KB Kookmin Bank CEO Lee Hwan-ju, Shinhan Bank CEO Jung Sang-hyuk, Hana Bank CEO Lee Ho-seoung, Woori Bank CEO Jung Jin-wan and NH NongHyup Bank CEO Kang Tae-young were summoned as witnesses to the parliamen…

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(Seoul = Yonhap News) Reporters Han Ji-hoon, Chae Sae-rom, and Lee Do-heun = The heads of major commercial banks appeared in the witness stand at the National Assembly regarding the hacking incident in the financial sector and bowed their heads repeatedly.

·Seoul, Korea (the Republic of)
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All CEOs of the five major banks (KB Kookmin, Shinhan, Hana, Woori, and NH Nonghyup) are scheduled to appear at the parliamentary audit due to the recent series of hacking incidents in the financial sector. According to the financial industry on the 18th, KB Kookmin CEO Lee Hwan-ju, Shinhan CEO Jeong Sang-hyeok, Hana CEO Lee Ho-seong, Woori CEO Jeong Jin-wan, and NH Nonghyup CEO Kang Tae-young will appear as general witnesses at the National Ass…

The heads of the five major commercial banks appeared at a parliamentary audit for the first time in four years following a massive customer data leak caused by artificial intelligence (AI) hacking. The bank presidents apologized for their delayed response and inadequate execution of security budgets, and pledged to prevent a recurrence. On the 19th, the presidents of the five major commercial banks stood side by side in the witness stand at th…

Shinhan Bank President Jeong Sang-hyeok is answering questions from lawmakers during the parliamentary audit of the Financial Supervisory Service and others held at the National Assembly on the 19th.

KB, Shinhan, Hana, Woori, and NongHyup Bank Presidents to Testify at National Assembly Audit for the First Time in 4 Years Bank Presidents’ Accountability Under 'Accountability Structure' Also Under Scrutiny [Digital Daily Reporter Lee Ho-yeon] The presidents of Korea's five major banks will stand side by side in the witness stand at the National Assembly's parliamentary audit for the first time in four years, following a series of hacking inc…

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이데일리 broke the news on Sunday, October 18, 2026.
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