South Korea probes AI involvement in bank cyberattacks

Photo — Youn Seung Jin / Pexels

The investigation covers attacks targeting several South Korean financial institutions, including H Bank, Kook Bank and Shinhan Bank. President Lee said on Tuesday that AI appears to have been used in some recent bank hacks and urged the country to develop cybersecurity methods suited to increasingly capable artificial-intelligence systems. Authorities have not publicly established the attackers’ identities, the precise role played by AI, or the full scale of the data exposure. The story is significant because it could indicate a widening use of AI in financially motivated cyberattacks against critical infrastructure and customer databases.

Sources: Reuters, The New York Times, Yonhap News Agency