South Korean President Orders Full Security Checks After Financial Sector Hacks

South Korean President Lee Jae Myung ordered a thorough investigation on October 4, 2026, after a series of financial sector data breaches exposed customer and worker information. The order comes as investigators examine whether AI tools helped attackers break into systems used by banks and other financial firms. According to The Korea Times, Lee received a briefing on recent breaches at financial and public institutions and the steps taken in response. Presidential spokesperson Kang Yu-jung said the president ordered officials to investigate fully and develop measures with “a grave awareness of the seriousness of the matter.” Bank Breaches Spread Across Institutions Shinhan Bank reported a breach on October 1 affecting about...

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