AI hacking fears spread to brokerages, insurers, card issuers
Brokerages, insurers and credit card issuers are stepping up security measures and checking for potential breaches after suspected artificial intelligence (AI)-assisted cyberattacks stole personal data from banks, savings banks and a capital finance company, according to industry officials, Tuesday. Breaches have been reported at seven firms since the beginning of this month — Shinhan Bank, KB…
AI-assisted cyberattacks have led to data breaches at seven firms in the banking sector, prompting increased security measures across brokerages, insurers, and card issuers, according to industry officials. The incidents, which began at the start of the month, have affected prominent institutions such as Shinhan Bank, KB Kookmin Bank, and Hyundai Capital.
Regulators and industry experts suspect that the attackers are scanning a wide range of companies for vulnerabilities, rather than targeting a single entity. The attacks coincided with the extended holiday period in October, and smaller firms with limited security staffing may be particularly vulnerable. As more cases may emerge, the financial sector is urged to bolster its defenses against potential AI-assisted cyber threats.
Brief written by urgent.news from The Korea Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
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- AI hacking fears spread to brokerages, insurers, card issuers koreatimes.co.kr
