SK is such a crazy arc. Just recently got over authoritarianism and famine, then five families took over the whole country, while growing the economy to crazy levels per capita. In 2024 they had their own Jan 6th type event, but democracy appears to have won. Yet last month, they sent 30% of Russia's diesel imports via their ports, while very loudly complaining about two captured NK soldiers from Ukraine.
I genuinely have no idea what is happening in SK. But last month, they were helping fund the NK + Russian war machine? What a trip.
afaik up to 2020, IE and ActiveX was required for online banking. Past that I heard you had to install a local webserver that the browser could communicate with. I'm not sure if any security issues are mandated by law, but it does sound like a minefield.
There's still a whole business sector selling snake oil "anti screenshot" software and such to banks and government agencies and such (complete with vulnerable kernel drivers of course). They learned nothing from the ActiveX days.
I recently read reports about Korean banks that were not affected by the latest hacking incident.. They restrict work access to designated tablets only, and they don’t give loan recruiters access to the internal network or even a separate work system. When a recruiter hands a case over to a branch, the rest of the process is handled internally.
Looking at this, it seems that rather than making things easier because of AI, it actually requires more bureaucratic handling. The surface that made people comfortable is, paradoxically, becoming AI’s attack surface.
I’m curious to see their evidence on how they knew it was AI agents and which agents were used.
They didn't have this problem when they forced everyone to use Internet Explorer + ActiveX...
Doesn't SK have famously, laughably terrible internet security by law?
SK is such a crazy arc. Just recently got over authoritarianism and famine, then five families took over the whole country, while growing the economy to crazy levels per capita. In 2024 they had their own Jan 6th type event, but democracy appears to have won. Yet last month, they sent 30% of Russia's diesel imports via their ports, while very loudly complaining about two captured NK soldiers from Ukraine.
I genuinely have no idea what is happening in SK. But last month, they were helping fund the NK + Russian war machine? What a trip.
afaik up to 2020, IE and ActiveX was required for online banking. Past that I heard you had to install a local webserver that the browser could communicate with. I'm not sure if any security issues are mandated by law, but it does sound like a minefield.
There's still a whole business sector selling snake oil "anti screenshot" software and such to banks and government agencies and such (complete with vulnerable kernel drivers of course). They learned nothing from the ActiveX days.
I recently read reports about Korean banks that were not affected by the latest hacking incident.. They restrict work access to designated tablets only, and they don’t give loan recruiters access to the internal network or even a separate work system. When a recruiter hands a case over to a branch, the rest of the process is handled internally.
Looking at this, it seems that rather than making things easier because of AI, it actually requires more bureaucratic handling. The surface that made people comfortable is, paradoxically, becoming AI’s attack surface.
Waiting for the day AI agents break into Nasdaq to achieve a goal.
Why are you waiting for this?
You're right! There's no time like the present!
We dont need banks. Interest bearing CBDC wallets is all most people need. Richie rich already hire people to keep tabs on their assets.