South Korea probes bank breaches amid suspected AI-powered attacks

South Korea’s Financial Services Commission held an emergency meeting after cyberattacks targeting financial institutions in the country. Officials confirmed a data breach at Shinhan Bank and said incidents also affected other banks, including Kookmin Bank. According to media reports, data from 25,000 Shinhan Bank customers and credit card information of 119,000 Kookmin Bank clients were leaked. Hana Bank also suffered a limited-scope breach after its sales-support system was compromised. Official channels provided no details about the perpetrators; the use of AI-based attack-automation tools is suspected but has not been confirmed.