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South Korea’s four major banks plan higher cybersecurity budgets for 2027

South Korea’s four major banks plan higher cybersecurity budgets for 2027

South Korea’s four major commercial banks are increasing planned information-security spending for 2027. Shinhan has budgeted 115 billion won, up from 40.6 billion won in 2026, while Hana has allocated 100.1 billion won and Woori 76.3 billion won. KB Kookmin says it plans to allocate at least 100 billion won, with its budget revision still underway.

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