Lee orders thorough probe into AI-powered cyberattacks in banks
President Lee Jae Myung on Sunday ordered a thorough investigation into a string of recent data breaches at local banks, as artificial intelligence (AI)-powered cyberattacks increasingly target financial firms. According to Cheong Wa Dae, Lee was briefed on recent data breaches at financial and public institutions and their responses to the incidents. "The president ordered officials to conduct a…
South Korean President Lee Jae Myung has ordered a comprehensive investigation into recent data breaches at local banks, citing the growing threat of AI-powered cyberattacks, according to Cheong Wa Dae. The president was briefed on the breaches at financial and public institutions and their responses to the incidents. Presidential spokesperson Kang Yu-jung announced that officials would be tasked with conducting a thorough investigation and devising measures to address the serious matter.
The data breaches have affected major financial firms, including Shinhan Bank, KB Kookmin Bank, Hana Bank, and BNK Busan Bank. Shinhan Bank reported a breach affecting approximately 25,000 customers on Thursday, followed by similar incidents at other banks on Friday. The leaked information included customers' names, phone numbers, annual income, and loan limits, with some resident registration numbers also exposed.
These breaches have since extended to nonbank financial institutions, raising concerns about the increasing vulnerability of the financial sector to AI-driven cyberattacks.
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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- Lee orders thorough probe into AI-powered cyberattacks in banks koreatimes.co.kr
