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Banks Race to Ramp up AI Defenses as Deposits Fall After Cyberattacks

Summary by The Korea Times
A wave of recent data breaches at major Korean banks is putting pressure on both customer confidence and the industry’s defenses, with deposits at...

9 Articles

(Seoul = Yonhap News) Reporter Chae Sae-rom = Just two weeks before the large-scale hacking incident in the financial sector, the Financial Security Institute [discussed] security risks related to externally exposed assets to financial companies...

·Seoul, Korea (the Republic of)
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The Financial Security Institute shared cases of attacks utilizing artificial intelligence (AI) with financial institutions ahead of the recent series of hacking incidents in the financial sector and recommended constant monitoring of systems exposed to the outside.

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연합뉴스-Yonhap News Agency broke the news in Seoul, Korea (the Republic of) on Saturday, October 10, 2026.
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