How to protect your accounts from AI-powered attacks
A wave of account takeover attacks involving artificial intelligence (AI) against major banks is testing their defenses and putting personal cybersecurity in the spotlight. Shinhan Bank disclosed Thursday that the information of about 25,000 people had been leaked. A day later, KB Kookmin Bank and Hana Bank confirmed breaches affecting 119 and 89 people, respectively. Woori Bank and NH NongHyup Bank also reported suspected hacking attempts. The incidents have raised suspicions that AI was used to automate the attacks. Consumers have little control over breaches within companies. But the steps they take afterward can go a long way toward preventing exposed login details from putting their other financial and shopping accounts at risk. Security experts say two measures can substantially reduce the risk of account compromise — using a unique password for each service and enabling multifactor authentication. A key danger following a leak is credential stuffing. This involves using automated software to test usernames and passwords stolen from one platform across numerous others, from banki
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