South Korea warns of AI hacking after bank data breaches
5 hours ago
- South Korea's government urges stronger cybersecurity after seven major banks' data breaches exposing thousands of customers.
- Churches and Korea Electric Power Corp. also reported illegal access, but it's unclear if the same attackers are responsible.
- Prime Minister Han Seong-sook warns that AI-assisted phishing attacks could lead to secondary damage beyond the financial sector.
- Attackers exploited weak authentication in portals used by loan recruiters and employee tools, using the ARTEX tool from China.
- Multiple IP addresses from the US, Japan, Germany, and elsewhere were identified, suggesting hackers are hiding their tracks.
- Data of up to 68,000 customers, including names, phone numbers, income, and loan details, was stolen from Shinhan, KB Kookmin, and Hana Bank.
- Experts warn that AI lowers technical barriers for cybercrime, enabling faster and larger-scale attacks on various sectors like hospitals and government agencies.