Cybersecurity breaches in UK pension schemes rose by 4,000% from 2021/22 to 2022/23, leading to concerns over the efficacy of financial service organizations’ cybersecurity. A significant factor in this surge is the Capita breach in March 2023, which exposed client data and led to subsequent breaches at other organizations. The report suggests measures including robust access control, multi-factor authentication, data encryption and regular security audits, but emphasizes that each organization’s needs are unique and a comprehensive approach should be taken.
KR: Lotte Card hack exposes data of 3 million users
Choi Ji-won reports: Lotte Card said a hacking attack compromised the personal data of 2.97 million users, marking the biggest data breach this year. CEO
