South Korea’s Financial Supervisory Service (FSS) is preparing to announce measures to “better protect personal information (PI) handled by financial firms following a recent massive data leak,” Yonhap News Agency reports. The measures include limiting financial firms from requesting "too much" PI. “The newly crafted measures may go into effect starting in April after preparation works,” said an FSS official. The breach that prompted the measures involved PI on “half of the country's 50-million population” from three credit card firms—KB Kookmin, NH Nonghyup and Lotte— and Kookmin Bank.
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