Companies in Japan, South Korea hit by major cyberattacks
The attacks raise concerns that AI may be turbo-charging hacking efforts.
Companies in Japan and South Korea have recently experienced major cyberattacks that exposed millions of customer records, raising concerns that AI may be accelerating hacking efforts. This comes on the heels of a breach where Chinese and US models were used to steal hundreds of thousands of credit card details, which an analyst deemed one of the "most severe abuses of AI for exploitation" on record.
Corporate leaders, particularly in the finance sector, are alarmed by the potential of industrial-scale AI hacking, with many scrambling to adopt AI technology as a countermeasure. However, some experts warn that the battle against AI vulnerabilities is already underway, challenging the notion that it is merely imminent.
Brief written by urgent.news from Semafor's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- South Korea investigates possible use of AI in hacks on its banks businesstimes.com.sg
- AI appears to have been used in bank hacks: South Korean President Lee thehindu.com
- Analysis: the hacker who targeted South Korean banks is likely Chinese-speaking, financially motivated, and used LLMs and open-source Chinese agentic tool ARTEX (Ashley Campion/CrowdStrike) crowdstrike.com
- South Korea plans to launch a ~$3.5B program to develop a frontier AI model starting as early as March 2027 and will open a competition to select participants (Jie Ye-eun/The Korea Herald) koreaherald.com
- President of South Korea believes AI models were used in bank hacks thehill.com
- Suspect behind South Korea bank hacks may be 26-year-old in China, CrowdStrike says economictimes.indiatimes.com
- South Korea's president warned AI was used to hack 7 banks, exposing 68,000 people qz.com
- CrowdStrike links South Korean bank hacks to China-based attacker using AI seekingalpha.com