SEOUL, Oct. 2 (Yonhap) — Customer information of KB Kookmin Bank, a major commercial bank, has been breached following a similar incident by its rival Shinhan Bank, industry sources said Friday, stoking worries over widespread data leaks in the banking sector.
A series of data breaches at Shinhan Bank, KB Kookmin Bank and Hana Bank, three of Korea’s largest commercial banks, has heightened concerns in the financial sector over increasingly sophisticated cyberattacks using artificial intelligence (AI).
KB Kookmin Bank sees a growing role for banks in digital assets, with executives highlighting reserve management and anti-money laundering controls as foundations for trust at a conference co-hosted with Kakao Group on Monday.
