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South Korea’s financial industry hit by fresh wave of cyberattacks

CN
CitrixNews Staff
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South Korea’s financial industry hit by fresh wave of cyberattacks

South Korea’s financial institutions have been hit by another wave of cyberattacks, highlighting the growing risk of AI-driven hacking in Asia. The latest incidents affect brokerages Daishin Securities and Mirae Asset Global Investments, as well as the crypto exchange Bithumb.

The incident comes roughly a month after a series of cyberattacks targeting South Korean financial institutions, raising concerns about vulnerabilities beyond just the country’s banking systems. Security researchers linked the September wave of attacks on South Korea to a suspected China-based hacker who relied on an AI penetration testing tool called Artex, though officials are still investigating the root cause of the latest breaches.

Originally reported by TechCrunch. Read the full story at the original source.