South Korea suspects AI used in bank hacks

South Korean President Lee Jae Myung stated that artificial intelligence models appear to have been used in recent cyberattacks on commercial banks. Police have launched a full investigation into the breaches affecting customer data.

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FILE PHOTO: South Korean President Lee Jae Myung delivers a speech during the 78th Armed Forces Day at a military base in Gyeryong-City, South Korea, 01 October 2026. JEON HEON-KYUN/Pool via REUTERS/File Photo

South Korea's President Lee Jae Myung warned that artificial intelligence tools were deployed in recent bank cyberattacks, exposing customer personal data. The security breaches have triggered nationwide investigations across the country's banking sector. Financial institutions face mounting pressure to upgrade digital defenses as automated threat vectors evolve.

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