Banks mull higher cybersecurity spending after AI-linked hacking incidents

South Korean banks are considering increasing spending on cybersecurity systems and personnel following a series of recent hacking attacks on local lenders, industry sources said on Sunday. Major lenders, including Shinhan Bank, Hana Bank and KB Kookmin Bank, have reported leaks or exposure of customer data in hacking incidents this month, raising concerns about the potential scale of the breaches, reports Yonhap news agency. Shinhan Bank said on October 1 that personal information belonging to about 25,000 customers, including their names, phone numbers and annual incomes, had been leaked…