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Banks Mull Higher Cybersecurity Spending After AI-Linked Hacking Incidents - tennews.in: National News Portal

Seoul, Oct 11 (IANS) South Korean banks are considering increasing spending on cybersecurity systems and personnel following a series of recent hacking attacks on local lenders, industry sources said on Sunday. Major lenders, including Shinhan Bank, Hana Bank and KB Kookmin Bank, have reported leaks or exposure of customer data in hacking incidents this month, […] The post Banks mull higher cybersecurity spending after AI-linked hacking incident…

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(Seoul = Yonhap News) Reporter Chae Sae-rom = Just two weeks before the large-scale hacking incident in the financial sector, the Financial Security Institute [discussed] security risks related to externally exposed assets to financial companies...

·Seoul, Korea (the Republic of)
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The Financial Security Institute shared cases of attacks utilizing artificial intelligence (AI) with financial institutions ahead of the recent series of hacking incidents in the financial sector and recommended constant monitoring of systems exposed to the outside.

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연합뉴스-Yonhap News Agency broke the news in Seoul, Korea (the Republic of) on Saturday, October 10, 2026.
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