South Korea's Lee says AI appears to have been used in bank hacks
Authorities say more than 68,000 customers were affected as police investigate whether AI tools helped breach several major banks.
- On Tuesday, South Korean President Lee Jae Myung said AI models were likely used in recent bank hacking incidents and urged developing cybersecurity methods suited for the AI era.
- Police launched a full-scale investigation into cyberattacks at commercial banks that compromised customer personal information, with the Financial Services Commission reporting on Friday that Shinhan Bank, KB Kookmin Bank, Hana Bank, and Woori Bank suffered breaches.
- FSC Chairman Lee Eog-weon convened an emergency meeting on Sunday with industry executives, warning the sector to maintain highest vigilance; authorities have not disclosed details on the specific AI tools used or breach scale.
- "In some hacking incidents, signs have emerged of AI being used, causing considerable public concern and anxiety," Lee said during a cabinet meeting, urging officials to concentrate personnel and resources on minimizing damage.
- Similar AI-related hacking attempts have occurred globally, including a failed effort against a Canadian government website and an OpenAI agent breach of an Australian health data portal earlier this year, highlighting rising cybersecurity risks.
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Analysis suggests that Chinese artificial intelligence (AI) was utilized in hacking incidents targeting the financial sector, including major domestic banks. This also marks the first instance of an intrusion into a financial system using AI. On the 6th (local time), the Wall Street Journal (WSJ), citing officials, reported that "hackers used Chinese AI to attack South Korea's largest banks and stole the personal information of 60,800 people." T…
The South Korean police opened an investigation into a series of cyber attacks against the country's financial sector, after President Lee Jae Myung said on Tuesday that there are indications of artificial intelligence use in the invasions. At least seven financial institutions, including some of the largest South Korean banks, reported customer data leaks in the last week. See also: ‘AI is not like a device that can be turned off', says physici…
The president of the country recognizes the "considerable public concern and anxiety" after the main entities of the country suffer data thefts that have affected thousands of customersOpenAI detected the cyber attacks of its AI but decided not to turn it off in order not to delay its business plans.South Korean authorities have opened an investigation to clarify the scope of a series of cyber attacks directed against several of the largest fina…
Seoul says AI may have been used to target banks
Artificial intelligence may have been used in a string of cyberattacks targeting South Korea's financial sector, President Lee Jae-myung said on Tuesday as police announced the launch of an investigation. More than seven financial institutions, including some of South Korea's biggest banks, have reported customer data breaches in the past week. The ability of AI systems to find previously unknown software vulnerabilities and hack banks, companie…
South Korea warns of possible AI use in banking hacks
More than seven financial institutions, including some of South Korea's biggest banks, have reported customer data breaches in the past week. The ability of AI systems to find previously unknown software vulnerabilities and hack banks, companies or government infrastructure is in the global spotlight as leading labs release ever-more advanced models. "There are signs that artificial intelligence was used in some hacking attacks, causing consider…
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