South Korea finds hacking incidents at total of 16 financial firms

South Korea has discovered hacking incidents at 16 financial firms and around 100,000 data leaks so far, according to the country's financial regulator. The Financial Services Commission (FSC) is conducting a thorough investigation into the hacking techniques to ascertain if artificial intelligence was used in these incidents. The FSC announced plans to carry out security checks on financial institutions and establish measures for early detection of hacking threats, as well as coordinated responses.

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