Product Launchai platformfraud detectionanti phishingfinancial services
South Korea Deploys AI Platform Prevents Phishing Losses
7.7
Relevance Score
South Korea's Financial Services Commission says its AI-based Phishing Sharing and Analysis Platform (ASAP), launched in late October, helped prevent about 19 billion won (US$13 million) in voice-phishing losses over the past three months. Between Oct. 29 and Jan. 21, 130 financial firms shared 148,000 phishing-related reports and halted transfers from 2,705 accounts, bolstering anti-fraud coordination nationwide.

