Fines won't fix problem: Korea needs new playbook as AI changes hacking paradigm
Fines and stricter regulations are no panacea for a growing wave of suspected artificial intelligence (AI)-assisted cyberattacks targeting Korea's financial sector, a cybersecurity expert said Thursday, calling for a government task force to overhaul the country’s cybersecurity defenses. "Humans simply cannot keep up with AI agents' hacking threats. The entire paradigm of cybersecurity has…
Fines and stricter regulations are proving ineffective against a surge in suspected AI-assisted cyberattacks targeting Korea's financial industry, warns cybersecurity expert Lim Jong-in. In a phone interview with The Korea Times, Lim, chair of Soongsil University's AI committee and former presidential special adviser on cybersecurity, argues that humans cannot keep pace with AI agents' evolving hacking threats.
The cybersecurity landscape has fundamentally shifted, demanding a complete overhaul in defense strategies from both government and private sectors, Lim asserts. His call for action comes amid a wave of suspected AI-enhanced cyberattacks spreading across Korea's financial sector, from commercial banks to brokerages and cryptocurrency exchanges.
Notable targets include brokerage firm Daishin Securities, cryptocurrency exchange Bithumb, and asset manager MBank.
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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