[South Korea's Financial Services Commission to Hold Financial Security Meeting on November 5, Involving Banks and Cryptocurrency Exchanges] According to a report by South Korea's News1 on November 1, Lee Eok-won, Chairman of South Korea's Financial Services Commission, will convene a meeting on November 5 to address the security threats posed by artificial intelligence (AI) to the financial industry. The meeting will bring together the presidents of South Korea's five major commercial banks, heads of major financial industry associations, and representatives of the Digital Asset Exchange Alliance (DAXA) to discuss measures to address hacking attacks and AI security risks in the financial sector. The meeting will focus on preventing AI hacking attacks, identifying and responding to AI-based voice phishing attacks, and building new cybersecurity systems. It will also review previously mandated security enhancement measures implemented by financial institutions. The report states that South Korea has recently experienced several cybersecurity incidents affecting financial institutions, bringing the total number of affected institutions to 20, covering the banking, securities, insurance, and cryptocurrency industries. Among the affected institutions are three virtual asset service providers: Bithumb and Streami.