KB Kookmin Bank suffers info leak raising concerns over data breach at other lender
Customer information of KB Kookmin Bank, a major commercial bank, has been breached following a similar incident by its rival Shinhan Bank, industry sources said Friday, stoking worries over widespread data leaks in the banking sector. According to the sources, personal data of over 100 KB Kookmin Bank customers had been stolen via hacking. On Thursday, Shinhan Bank said personal information of…
KB Kookmin Bank, a prominent commercial bank, experienced a data breach that has raised concerns across the banking sector, following a similar incident involving its rival, Shinhan Bank, according to industry sources on Friday. The breach allegedly involved the theft of over 100 customers' personal data, which included sensitive information such as names, phone numbers, and annual income.
This comes just a day after Shinhan Bank disclosed a breach affecting around 25,000 customers, highlighting the widespread nature of the issue.
Industry insiders suggest that the hackers behind the attack were using advanced artificial intelligence (AI) tools to breach the security of online platforms. The attack on Shinhan Bank is believed to have been the result of random AI-powered attacks on vulnerable systems, underscoring the urgent need for financial institutions to enhance their security measures.
Regulatory bodies and security experts are now urging financial institutions to conduct thorough security inspections to identify and address any potential vulnerabilities.
The attack on Shinhan Bank is thought to have targeted multiple online platforms simultaneously, leveraging the power of AI agents to efficiently scan and extract data from numerous sources. This sophisticated method has raised the stakes significantly for the entire financial industry, as AI-assisted attacks could potentially compromise the security of numerous institutions simultaneously. As such, financial institutions are now under pressure to bolster their defenses and remain vigilant against such threats.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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