🔴 South Korea probes bank breaches amid suspected AI-powered attacks

South Korea's Financial Services Commission (FSC) held an emergency meeting following a series of cyberattacks targeting financial institutions in the country.

During the meeting, officials confirmed a data breach at Shinhan Bank and said other cybersecurity incidents affected other South Korean banks, including Kookmin Bank.

Shinhan Bank and KB Kookmin Bank are large private South Korean commercial banks, each holding more than $400 billion in assets.