Value of phishing attack damages South Korea 2021, by financial institution
In 2021, most of the financial damage suffered through phishing attacks in South Korea was recorded at banks, with around 108 billion South Korean won. While recording comparatively low amounts of phishing damage, stock or securities firm phishing damage increased majorly, by over 144 percent compared to the last year. According to the source, this is mainly due to the increased use of non face-to-face opening of bank accounts and open banking services.