South Korea's financial regulator to lay out client data protection measures
Seoul - Yonhap
South Korea's financial regulator said Tuesday it plans to draw up comprehensive measures to better protect confidential customer data held by financial institutions after detailed information of almost half of the country's 50-million population was stolen. The measures expected to be unveiled next month will strengthen monitoring of staff at financial firms and their contractors involved in customer data management, and bar financial firms from sharing client data with their affiliates beyond a limited extent.
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