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Security · Updated 14 Oct, 11:58 am IST

South Korea detects hacks at 16 financial firms, about 100,000 data leaks

Image: ET Tech

Why it matters for readers: It highlights real-world hacking risks and that authorities are exploring whether AI played a role.

  • South Korea has found hacking incidents at a total of 16 financial firms and about 100,000 cases of data leaks.1
  • The Financial Services Commission is conducting an in-depth investigation into hacking methods to determine whether AI was involved.1
  • The FSC said it will perform security inspections at financial firms and prepare measures for early detection of hacking threats and a joint response.1

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