KR: Regulator to further penalize Kookmin, CitiBank

Chung Ah-young reports:

The financial regulator said Sunday that it may impose additional penalties on officials responsible for large-scale data thefts that occurred earlier this year.

The Financial Supervisory Service (FSS) said that it will hold a disciplinary review committee meeting on Oct. 2 to discuss the severity of sanctions towards executives and employees of three credit card firms ― KB Kookim, NH NongHyup and Lotte ― and Standard Chartered Bank Korea and CitiBank Korea for the customers’ data theft in January.

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