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

Fines and stricter regulations are no panacea for a growing wave of suspected artificial intelligence (AI)-assisted cyberattacks targeting Korea's financial sector, a cybersecurity expert said Thursday, calling for a government task force to overhaul the country’s cybersecurity defenses. "Humans simply cannot keep up with AI agents' hacking threats. The entire paradigm of cybersecurity has changed, requiring both the government and the private sector to rethink how they defend against cyberattacks," Lim Jong-in, chair of the AI committee at Soongsil University, said in a phone interview with The Korea Times. Lim, a former presidential special adviser on cybersecurity, called for the launch of a presidential office-led task force to coordinate responses to AI-driven threats, warning that such attacks will become more sophisticated. His warning comes as suspected AI-assisted cyberattacks ripple through Korea's financial sector, spreading from commercial banks to brokerages and cryptocurrency exchanges. Brokerage firm Daishin Securities, cryptocurrency exchange Bithumb and asset manager M