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South Korea Launches Support Program for Voice Phishing Victims

South Korea Launches Support Program for Voice Phishing Victims

First seen 9 Nov 2026, 08:21 UTC • •
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ThreatCluster AI
ThreatCluster •November 9, 2026 at 08:22 UTC
  • •FSS's new program offers up to 2 million won for voice phishing victims.
  • •Support includes emergency living expenses and mandatory psychological counseling.
  • •Applications open on November 23, 2026, for eligible victims.

On November 9, 2026, South Korea's Financial Supervisory Service (FSS) announced a pilot program to aid voice phishing victims, providing up to 2 million won (approximately $1,500) in living expenses and psychological counseling. The initiative, named 'Back to Daily Life,' will support 200 victims who have suffered losses since 2024 and have a household income below 150% of the median. Eligible victims will receive an initial payment of up to 1 million won as emergency living expenses, followed by an additional 1 million won after completing six counseling sessions. The program aims to address both financial and psychological impacts, as many victims experience guilt and anxiety due to prolonged manipulation by scammers. Applications will be accepted starting November 23, 2026, and the program may end early if funds are exhausted. The FSS reported a significant decrease in voice phishing cases this year, but the psychological toll on victims remains a concern.

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Timeline

2026-11-09
FSS announces support program for victims
The Financial Supervisory Service revealed a pilot program to assist voice phishing victims with financial and psychological support.
Finance.Biggo
2026-11-09
MOU signed with financial institutions
The FSS signed a memorandum of understanding with several financial organizations to implement the support program.
Mk.Co.Kr
2026-11-09
Program details released
Details of the 'Back to Daily Life' program were published, outlining eligibility and application procedures.
Biz.Chosun

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Common questions

Who is eligible for the support program?
Victims of voice phishing who suffered losses since 2024 and have a household income below 150% of the median are eligible.
What is the application process?
Applications can be submitted starting November 23, 2026, through Good Neighbors, requiring an application form and income verification.
What kind of support will victims receive?
Victims can receive up to 2 million won in living expenses and access to professional psychological counseling.