AI-Enabled Hacking Leads to Cybersecurity Reckoning, Major Bank Breaches Reported

The world is facing a cybersecurity reckoning as AI-enabled hacking advances, triggering alarm among national governments and multinational companies. Recent cyberattacks on at least nine major South Korean banks, allegedly orchestrated by an amateur using AI chatbots, exposed tens of thousands of financial data records. While AI can also aid in fixing software bugs, cybersecurity executives warn that it is expected to assist malicious hackers more in the short term.