Shinhan, Kookmin, Hana data breaches fuel concerns over AI-powered cyberattacks in financial sector
A series of data breaches at Shinhan Bank, KB Kookmin Bank and Hana Bank, three of Korea’s largest commercial banks, has heightened concerns in the financial sector over increasingly sophisticated cyberattacks using artificial intelligence (AI). On Friday, KB Kookmin Bank said that personal information belonging to 119 customers was leaked after abnormal external access to a mobile system used by…
A series of data breaches at three of South Korea's largest commercial banks - Shinhan Bank, KB Kookmin Bank, and Hana Bank - has raised alarms across the financial sector about the growing threat of AI-powered cyberattacks. On Friday, KB Kookmin Bank revealed that personal details of 119 customers were exposed when unauthorized external access was detected in a mobile system utilized by employees.
The compromised information varied among customers and encompassed names, phone numbers, addresses, and resident registration numbers, all encrypted.
In response to the breach, Kookmin Bank activated an emergency response system, which included a comprehensive review of its processes to prevent further damage and recurrence. Later that same day, Hana Bank announced that personal information belonging to 89 customers had been exposed due to an external hacking attempt aimed at gaining unauthorized access to its sales support system.
The leaked data included customers' resident registration numbers, names, addresses, email addresses, phone numbers, and workplace information.
These incidents have intensified concerns about the increasing sophistication of cyberattacks in the financial sector, particularly those involving artificial intelligence.
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.
