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South Korea Says AI Agents May Have Been Used to Hack the Country's Banks

South Korean President Lee Jae Myung says there are signs AI models may have been used in recent cyberattacks against several major banks. "In some hacking incidents, signs have emerged of AI being used, causing considerable public concern and anxiety," Lee said during a cabinet meeting. "Please establish the circumstances swiftly and clearly, and concentrate personnel and resources on minimizing…

South Korean authorities have announced possible involvement of artificial intelligence models in recent cyberattacks targeting major financial institutions. President Lee Jae Myung revealed during a cabinet meeting that signs point to AI being utilized in these incidents, sparking widespread concern and anxiety among the public.

In response, the country's police have initiated a comprehensive investigation into the hacking attacks that resulted in the exposure of customers' personal information. Shinhan Bank, KB Kookmin Bank, Hana Bank, and Woori Bank were among the institutions affected, according to the Financial Services Commission. However, the nature of the AI tools employed and the extent of the breaches remain undisclosed by the authorities.

On Sunday, the Financial Supervisory Service convened an emergency meeting with financial industry stakeholders to emphasize the urgent need for vigilance and swift action. The FSS and Financial Security Institute also shared data related to 28 distinct IP addresses and country information associated with the hacking attempts with the financial sector.

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