/>
X

South Korean bank hit by cyberattack

The country's regulators are investigating the Nonghyup over a system glitch that left customers unable to withdraw and transfer money or use credit cards
zd-defaultauthor-tyler-thia.jpg
Written by Tyler Thia on

South Korean regulators launched an inquiry on Monday into the country's biggest banking network, after a system glitch suspected to be caused by a cyberattack left customers without access to services for several days.

The AFP news agency reported that the country's Financial Supervisory Service and central bank officials visited the Seoul headquarters of the National Agricultural Cooperative Federation (Nonghyup) to investigate whether it had complied with computer security rules.

The trouble at Nonghyup began on Tuesday, when the bank suffered a system crash that left customers unable to withdraw and transfer money, use their credit cards and take out loans. The bank's services were partially restored after three days, but some services remained unavailable as of Monday, said AFP.

For more on this ZDNet UK-selected story, see South Korean bank probed after system outage on ZDNet Asia.


Get the latest technology news and analysis, blogs and reviews delivered directly to your inbox with ZDNet UK's newsletters.

Related

Are you ready for the worst Economy Class airline seats in the world?
airline-seats.jpg

Are you ready for the worst Economy Class airline seats in the world?

Business
This stuff is better than compressed air for cleaning your dirty tech
img-6864

This stuff is better than compressed air for cleaning your dirty tech

Office Hardware & Appliances
Google looks to reduce pushback bias in developers' software code review
close up programmer man hand typing on keyboard at computer desktop for input coding language to software for fix bug and defect of system in operation room , technology concept

Google looks to reduce pushback bias in developers' software code review

Developer