Fines won't fix problem: Korea needs new playbook as AI changes hacking paradigm

Korea's financial sector is facing a growing number of suspected artificial intelligence-assisted cyberattacks. Fines and stricter regulations are not enough to address this problem, according to a cybersecurity expert. This is because AI agents can hack at a speed and scale that humans cannot match, changing the entire paradigm of cybersecurity. As a result, the government and private sector need to rethink their defenses against cyberattacks.

Why it matters

The growing wave of AI-assisted cyberattacks targeting Korea's financial sector poses a significant threat to the country's financial stability. Stricter regulations and fines may not be enough to mitigate this risk.

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