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Mmastodon BusinessBanking first seen 4 d ago, last 3 d ago, peak #2

South Korean president warns AI-driven bank hacks hit 68,000 customers

Original: South Korean president warns AI used in bank hacks affecting 68,000 https:// qz.com/south-korea-president-a i-bank-hacks

The president of South Korea has warned that artificial intelligence is being used in cyberattacks on banks that have affected about 68,000 customers. The remarks link AI tools to increasingly sophisticated hacking of financial institutions, drawing attention in cybersecurity and banking circles to the growing use of AI by criminals and the risks it poses to customer data.

Why now: Concern is growing over AI-enabled cybercrime targeting banks and exposing large numbers of customers' data.

South KoreaSouth Korean presidentbanks

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