South Korea’s president warns of signs of AI use in bank hacks

The Financial Times reports South Korean President Lee Jae Myung said there were signs AI models were used in some recent bank hacks that exposed user data at seven financial firms. Attackers appear to have targeted systems used by third parties rather than banks’ core payment networks. In one case, a loan-broker portal breach exposed details of about 25,000 Shinhan Bank customers. No funds have been reported stolen.