South Korean police expand probe into hacking of financial institutions

· Cybersecurity · South Korea

South Korean police said Friday they have assigned more personnel to investigate recent hacking of financial institutions. The move follows a wave of cyberattacks affecting South Korea and Japan, with cybersecurity specialists saying AI is helping attackers automate tasks and lower the bar for cybercriminals. Authorities have not named the institutions affected or the suspected perpetrators. The expansion signals growing official concern over the scale and sophistication of the breaches.

Why it matters：Rising AI-assisted cyberattacks on financial systems threaten customer data and the stability of digital banking.

Key points

  • Police assigned more personnel to the financial hacking probe.
  • The attacks affected South Korea and Japan.
  • Experts say AI is lowering the bar for cybercriminals.

Sources (original reporting)

More stories from this day