South Korean president orders probe into data leaks across financial industry

South Korean President Lee Jae Myung ordered a thorough investigation and response measures over recent personal data leak incidents at banks, finance companies and public agencies, Seoul’s presidential office said on Sunday.

Financial Services Commission (FSC) Chairman Lee Eog-weon convened an emergency meeting with financial industry associations, regulators and executives from affected institutions on Sunday, warning that the sector must respond with the highest level of vigilance, the FSC said in a statement.