Report finds China-linked AI agent behind cyberattacks on Japan firms

· Cybersecurity · Japan · China

An investigation found that a China-linked AI agent was used in cyberattacks on Japanese companies, with the same tool allegedly deployed against South Korean financial institutions. The threat of cyberattacks on Japanese firms has grown as more companies disclose data breaches. Separately, Japanese brokerage IwaiCosmo was hit by a cyberattack that led to unauthorized trades. South Korean police said they plan to refer a series of hacking cases involving major banks and financial institutions to the country's new Serious Crimes Investigation Agency after identifying suspected violations of financial security laws.

Why it matters:AI-driven attacks on financial firms in Asia raise concerns about automated hacking and the security of regional financial systems.

Key points

  • A China-linked AI agent was used against Japanese firms
  • IwaiCosmo suffered unauthorized trades after a hack
  • South Korea may refer bank hacking cases to a new agency

Sources (original reporting)

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