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AI Tools Suspected in Korea’s Shinhan Bank Hack, Yonhap Says
Source: Bloomberg
Cybersecurity & Data PrivacyArtificial IntelligenceBanking & Liquidity
A cyberattack on South Korea's Shinhan Bank may have used advanced AI tools and exposed information on approximately 25,000 customers. The incident highlights rising risks of AI-enabled automated hacking against financial institutions, potentially increasing cybersecurity, remediation, and regulatory scrutiny costs for banks.
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