⚠️ INCIDENTS & SAFETY
- South Korea's financial sector hit by fresh wave of cyberattacks on brokerages and Bithumb
A new wave of cyberattacks hit South Korean financial firms including Daishin Securities, Mirae Asset, and Bithumb, exposing tens of thousands of customers' data.- Targets are brokerages and crypto users: Daishin Securities, Mirae Asset Global Investments, and crypto exchange Bithumb, following a September wave that hit Shinhan, KB Kookmin, Hana, and BNK Busan banks.
- Daishin reported a breach exposing personal data of 38,490 customers, including names, emails, and phone numbers; Mirae and Bithumb reported incidents without confirming data theft.
- Earlier attacks compromised data on roughly 25,000 Shinhan Bank customers and over 100 KB Kookmin customers; Reuters reports hacking incidents at 16 financial firms with ~100,000 data-leak cases total.
- September attacks were linked to a suspected China-based hacker using an AI penetration testing tool called Artex; police launched a 28-member task force and the FSC ordered bank-wide security checks.
- The attacks highlight growing AI-driven hacking risk across Asia's financial sector, with Japan's GMO Internet also reporting an incident.
🏛️ POLICY & REGULATION
- Meta may delay its controversial business terms again amid publisher backlash
Meta says it may delay its new business terms past November 20 amid publisher and regulator backlash over crawling provisions.- Businesses and publishers using Facebook, Instagram, WhatsApp, and Threads business accounts are affected by Meta's updated Commercial Terms and Self-Serve Ad Terms.
- Meta first delayed the terms from October 30 to November 20; communications head Andy Stone now says implementation could slip further if consultations extend beyond that date.
- The terms grant Meta permission to crawl websites "associated with" business accounts; Meta removed the word "train" but legal experts say the language still permits broad scraping and doesn't clarify robots.txt limits.
- WAN-IFRA and the European Alliance of News Agencies want the crawling provision dropped; the Movement for an Open Web filed complaints with the European Commission and UK CMA, which say they are scrutinizing the terms.
- Senators Marsha Blackburn and Adam Schiff also criticized the terms, with Blackburn accusing Meta of attempting to exploit American creators and businesses.