Science & Tech · Cybersecurity · 2 hrs ago

South Korean financial firms missed 91 incidents for over a month

South Korean financial firms missed 91 incidents for over a month

South Korean financial firms discovered 91 incidents late over a period described as the past four years or more.

The firms include banks and insurance companies, and the incidents involved IT errors or hacking.

They went more than a month without detecting the incidents after they happened.

In 17 cases, more than a year passed before discovery.

The figures show that some problems in financial companies’ computer systems were not identified for long periods.

The information provided does not say what happens next.

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