As incidents of hacking in the financial sector continue to rise, security stocks are experiencing a significant surge.
According to the Korea Exchange, as of 9 a.m. on October 6, AhnLab shares were trading at 93,600 won, up 21.56%. The recent spate of hacking incidents utilizing artificial intelligence (AI) at banks such as Shinhan Bank, KB Kookmin Bank, and Hana Bank has led to increased demand for security solutions.
So far, seven financial institutions have confirmed data breaches, including Shinhan Bank, KB Kookmin Bank, Hana Bank, Busan Bank, Yegearam Savings Bank, Welcome Savings Bank, and Hyundai Capital.
Reports indicate that the recent attacks involved querying customer information in bulk from web pages or servers rather than directly stealing data from databases.
Sands Lab, classified as a leading AI security firm, also saw its shares rise by 22.90% to 8,300 won as of 9 a.m. Monitor Lab shares increased by 15.89% to 3,355 won, while Genieus shares surged by 29.90% to 26,500 won, and Raonsecure shares rose by 16.96% to 13,380 won.
* This article has been translated by AI.
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