• Login
Thursday, October 8, 2026
Geneva Times
  • Home
  • Editorial
  • Switzerland
  • Europe
  • International
  • UN
  • Business
  • Sports
  • More
    • Article
    • Tamil
No Result
View All Result
  • Home
  • Editorial
  • Switzerland
  • Europe
  • International
  • UN
  • Business
  • Sports
  • More
    • Article
    • Tamil
No Result
View All Result
Geneva Times
No Result
View All Result
  • Home
  • Editorial
  • Switzerland
  • Europe
  • International
  • UN
  • Business
  • Sports
  • More
Home Business

South Korea’s Lee says AI appears to have been used in bank hacks

GenevaTimes by GenevaTimes
October 6, 2026
in Business
Reading Time: 2 mins read
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter



SEOUL — South Korean President Lee Jae Myung said on Tuesday that AI models are believed to have been used in some recent hacking incidents against banks and called for the country to develop cybersecurity methods suited to the AI era.

“In some hacking incidents, signs have emerged of AI being used, causing considerable public concern and anxiety,” Mr. Lee said during a cabinet meeting. “Please establish the circumstances swiftly and clearly, and concentrate personnel and resources on minimizing the damage.”

South Korea’s police have launched a full-scale investigation into the hacking attacks against commercial banks that led to a breach of customers’ personal information, the Yonhap news agency reported on Tuesday.

Shinhan Bank, KB Kookmin Bank and others had reported cyberattacks, the Financial Services Commission (FSC) said on Friday, while Yonhap reported that Hana Bank and Woori Bank had also suffered breaches.

Authorities have not yet disclosed details on what kind of AI tools were used in the hacking incidents or the full scale of the breaches.

On Sunday, FSC Chairman Lee Eog-weon convened an emergency meeting with financial industry associations, regulators and executives from affected institutions, warning that the sector must respond with the highest level of vigilance.

In September, Australia said an OpenAI agent breached a government health data portal in June, gaining unauthorized access to files, in what could be the ‌first known instance of an AI agent hacking a government website.

An artificial intelligence research firm said last week that AI agents tried to hack into a Canadian government website, casting the effort as a failed hacking attempt, while Canada said there were ​no indications its systems were compromised. — Reuters

Read More

Previous Post

OpenAI admits response to Australian government hacks ‘not good enough’

Next Post

Are the EU’s new rules on AI enough to protect Europeans?

Next Post

Are the EU's new rules on AI enough to protect Europeans?

ADVERTISEMENT
Facebook Twitter Instagram Youtube LinkedIn

Explore the Geneva Times

  • About us
  • Contact us

Contact us:

editor@thegenevatimes.ch

Visit us

© 2023 -2024 Geneva Times| Desgined & Developed by Immanuel Kolwin

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Editorial
  • Switzerland
  • Europe
  • International
  • UN
  • Business
  • Sports
  • More
    • Article
    • Tamil

© 2023 -2024 Geneva Times| Desgined & Developed by Immanuel Kolwin