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CEOs of major banks grilled at Assembly audit over AI cyberattacks

The heads of five major commercial banks faced scrutiny at a National Assembly audit Monday over a series of recent artificial intelligence (AI)-assisted cyberattacks, with lawmakers raising concerns about cybersecurity and internal controls. KB Kookmin Bank CEO Lee Hwan-ju, Shinhan Bank CEO Jung Sang-hyuk, Hana Bank CEO Lee Ho-seoung, Woori Bank CEO Jung Jin-wan and NH NongHyup Bank CEO Kang…

CEOs of major banks grilled at Assembly audit over AI cyberattacks

The leaders of five prominent commercial banks stood before a National Assembly audit on Monday, facing questions following a string of recent artificial intelligence (AI)-enabled cyberattacks. The lawmakers expressed concern over cybersecurity measures and internal controls. The summoned CEOs included Lee Hwan-ju from KB Kookmin Bank, Jung Sang-hyuk from Shinhan Bank, Lee Ho-seoung from Hana Bank, Jung Jin-wan from Woori Bank, and Kang Tae-young from NH NongHyup Bank.

This marked the first time in over a year that all five bank executives had been summoned to testify together at the Financial Supervisory Service's (FSS) parliamentary audit.

Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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