
South Korea declares AI-driven bank hacks a national crisis
South Korean President Lee Jae Myung declared that artificial intelligence tools were likely used in a recent wave of cyberattacks against major commercial banks, prompting a full-scale police investigation and emergency government response. The breaches exposed customer data at seven financial institutions, including Shinhan Bank and KB Kookmin Bank, but no funds were reported stolen. Authorities suspect attackers targeted less secure third-party portals rather than core banking systems, using AI to identify vulnerabilities. The incident has triggered a 24-hour emergency response from the science ministry and calls for AI-based defensive measures.













