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Financial sector hacking incident
Referred to serious crimes unit

Photo: 세계일보

In short

Police added electronic financial transaction law violations to the hacking case at financial institutions.

For the first time in a cybterrorism case, they decided to refer it to the Serious Crimes Investigation Division.

The Financial Services Commission believes the damaged systems likely fall under electronic financial infrastructure.

Key facts

WhenOn October 20, the National Investigation Service of the National Police Agency announced the plan to refer the case to the Serious Crimes Investigation Division.
WhoThe National Investigation Service of the National Police Agency has been investigating the serial hacking case at financial institutions.
WhatElectronic financial transaction law violations were additionally applied to the existing information and communications network law violations.
HowAfter authorization interpretation by the Financial Services Commission and legal review, they decided to refer the case to the Serious Crimes Investigation Division.

What it means for me

Financial service users should monitor the investigation results to watch for clarification of damage causes and discussions on compensation.