AI models used in bank cyber attacks, warns South Korea’s president

South Korea's president, Lee Jae Myung, has raised alarms about AI models being employed in sophisticated cyber attacks on banks, marking a significant shift in the threat landscape. This marks a 'completely new kind of crisis' according to an official, emphasizing the advanced and unpredictable nature of these attacks. The concern is that AI's capabilities could make traditional defense measures less effective, posing a serious risk to financial security and public trust. This development underscores the urgent need for enhanced cybersecurity measures to combat these emerging threats.

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