PM calls for sweeping overhaul of information security systems following wave of cyberattacks

Prime Minister Han Seong-sook has called for a comprehensive overhaul of South Korea's information protection system following a series of recent cyberattacks on major financial institutions. She emphasized that the current security measures are proving ineffective, stating that the breaches demonstrate the system's shortcomings.

The attacks specifically targeted Hana Bank, KB Kookmin Bank, and Shinhan Bank, resulting in the leak of sensitive customer information. President Lee Jae Myung has also called for a thorough investigation into the matter.

The prime minister highlighted the severity of the situation, noting that the attacks likely exploited artificial intelligence techniques. She warned that if AI is employed in phishing attacks, it could lead to secondary damage. Moreover, she expressed concern that similar hacking methods could extend beyond the financial sector and target other industries, along with government and public sectors.

The prime minister stressed that the increasing frequency of information security breaches underscores the urgent need to enhance security awareness, systems, and governmental responses.