Regulation· ★★· neutral·

South Korea's FSC moves to shorten hack reporting window amid AI-driven attacks

  • —Financial firms currently must report breaches to the FSC within 24 hours
  • —Vulnerability assessments could rise from once to at least twice a year
  • —Supervision may be extended to external work systems
  • —The trigger is AI automating round-the-clock vulnerability scanning and attacks
Why it matters: Tighter Korean oversight sets a cybersecurity benchmark for crypto and financial firms operating in the country.
Source: Bloomingbit
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