Published 13 Apr.2023 11:57(KST)
Updated 15 Aug.2025 17:12(KST)
Gwangju Bank announced on the 13th that it will hold an event offering free "Phishing and Hacking Financial Fraud Compensation Insurance" to customers who sign up for MyData for the first time until July 21.
This insurance product compensates for financial losses when unauthorized withdrawals occur due to financial fraud such as voice phishing.
After subscribing to MyData through the Smart Banking app and agreeing to the group insurance terms required for providing the insurance, customers can receive compensation up to 3 million KRW per year without any additional procedures.
A Gwangju Bank official stated, "This event was prepared to prevent cyber financial crimes in advance and to provide relief for damages to MyData users. We will continue to discover differentiated services and benefits in the future."
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