South Korean Banks Subject to Hundreds of Cyberattacks Daily

South Korean Banks Subject to Hundreds of Cyberattacks Daily
A man types on a computer keyboard. Kacper Pempel/Reuters
Lisa Bian
Updated:

South Korean banks have been subjected to an average of nearly 600 cyberattacks per day since 2017, with China being the chief country where attacks are originating from, says South Korea’s Financial Services Commission (FSC).

A recent FSC report disclosed by South Korean National Assembly member Kang Min-Kook showed that from 2017 to 2021, 17 banks in South Korea were subjected to 1,091,606 cyberattacks, averaging 598 attacks per day with at least a third coming from China, according to Yonhap News Agency.

Lisa Bian
Lisa Bian
Author
Lisa Bian, B.Med.Sc., is a healthcare professional holding a Bachelor's Degree in Medical Science. With a rich background, she has accrued over three years of hands-on experience as a Traditional Chinese Medicine physician. In addition to her clinical expertise, she serves as an accomplished writer based in Korea, providing valuable contributions to The Epoch Times. Her insightful pieces cover a range of topics, including integrative medicine, Korean society, culture, and international relations.
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