South Korean president orders probe into data leaks across financial industry
Authorities ordered security inspections and on-site probes after leaks at major lenders exposed customer data and raised concerns about broader attacks.
- On Sunday, South Korean President Lee Jae Myung ordered a thorough investigation into recent data breaches at financial firms, following a series of cyberattacks that impacted major banks and public agencies.
- Thursday's Shinhan Bank reported a breach affecting about 25,000 customers, followed by incidents at KB Kookmin Bank, Hana Bank and BNK Busan Bank on Friday, exposing names, phone numbers, annual income and loan limits.
- Financial Services Commission Chairman Lee Eog-weon warned of potential artificial intelligence involvement in the cyberattacks, calling for an "AI attacks defended by AI" approach to strengthen financial sector security.
- The FSC convened an emergency meeting Sunday with industry associations, directing financial institutions to conduct comprehensive security inspections and rapidly share threat information to prevent further incidents.
- South Korea's main opposition People Power Party suggested authorities investigate possible North Korean involvement, citing past cyberattacks against financial institutions previously attributed to Pyongyang.
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55 Articles
Observador
IOL PortugalIt is believed that the source of cyberattacks, which have occurred against several financial institutions, including the country's main banks, is artificial intelligence use.
South Korea orders probe into AI-linked hacking attacks on major banks
South Korean President Lee Jae Myung ordered a thorough investigation into hacking attacks targeting major financial institutions, including a breach that exposed data belonging to about 25,000 Shinhan Bank customers.
South Korean president orders probe into data leaks across financial industry
South Korean President Lee Jae Myung ordered a thorough investigation and response measures over recent personal data leak incidents at banks, finance companies and public agencies, Seoul's presidential office said on Sunday.
<p>South Korea investigates data leaks after cyber attacks on banks The president of South Korea has ordered an investigation into data leaks at banks and state institutions. Regulator strengthens cybersecurity through possible AI attacks.</p>
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